Options

Intuitive tools with great service and value

  • Among the lowest options contract fees in the market
  • Easy-to-use platform and app for trading options on stocks, indexes, and futures
  • Support from knowledgeable Options Specialists
  • Close short options positions priced at 10¢ or less with no contract fee
50¢ index options
when you place 30+ stock
€1.50 futures options
per contract

Get up. Deposit now €250 to start trading

Open and fund a new brokerage account with a qualifying deposit.

Award winning options trading tools

Whether you’re in-the-money, or out-of-the-money, we’ll help you keep on top of your money with intuitive tools for trading options on stocks, indexes, and futures.

Dime Buyback Program

Pay no per-contract charge when you buy to close an equity option priced at 10¢ or less. This allows you to close short options positions that may have risk, but currently offer little or no reward potential—without paying any contract fees.5

Discover options on futures

Options on futures offer nearly 24-hour access6 to react around potentially market moving economic events. Hedge existing futures positions, earn premium or speculate while using less money upfront. Plus, diversify into metals, energies, currencies and more.

Options Pricing

Pricing

Preferred 30+ Trades / QTR

Standard <30 Trades / QTR

Equity and Index Options€0.50 per contract
€0 base
€0.65 per contract
€0 base
Futures Options
€1.50 per contract€1.50 per contract

Options Levels

Add options trading to an existing brokerage account. 

 

 
 Level 1Level 2Level 3Level 4
Option Investment Objective

Income, Aggressive Income, Capital Appreciation, Speculation

Aggressive Income, Capital Appreciation, Speculation

Capital Appreciation or Speculation

Speculation

Options strategies available

Covered positions

  • Covered calls (sell calls against stock held long)
  • Buy-writes (simultaneously buy stock and sell calll)
  • Covered call rolling (buy a call to close and sell a different call)

All Level 1 strategies, plus:

  • Long calls and long puts
  • Long straddles and long strangles
  • Married puts (buy stock and buy put)
  • Cash-secured puts (cash on deposit to buy stock if assigned)
  • Collars

All Level 1 and 2 strategies, plus:

  • Debit spreads and credit spreads
  • Calendar spreads and diagonal spreads (long only)
  • Butterflies and condors
  • Iron butterflies and iron condors
  • Naked puts7

All Level 1, 2, and 3 strategies, plus:

  • Naked calls7

*Margin approval is required for Levels 3 and 4.

Important note:

Options involve risk and are not suitable for all investors. For more information, please read the Characteristics and Risks of Standardized Options before you begin trading options. Also, there are specific risks associated with covered call writing, including the risk that the underlying stock could be sold at the exercise price when the current market value is greater than the exercise price the call writer will receive. A covered call writer forgoes participation in any increase in the stock price above the call exercise price and continues to bear the downside risk of stock ownership if the stock price decreases more than the premium received. Because of the importance of tax considerations to all options transactions, the investor considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy. Commissions and other costs may be a significant factor. An options investor may lose the entire amount of their investment in a relatively short period of time.

Learn more about options

Our knowledge section has info to get you up to speed and keep you there.

Why trade options?

Watch the video to learn the four main reasons investors use options strategies in their portfolios: flexibility, leverage, hedging, and income generation.

Three common mistakes

Take a look at three common mistakes options traders make: setting unrealistic price expectations, buying too little time, and buying more options than are appropriate for a given objective.

Understanding options Greeks

An understanding of “the Greeks” can be useful to any options trader. In a nutshell, options Greeks are statistical values that measure different types of risk, such as time, volatility, and price movement. Though you don’t necessarily need to use the Greeks in order to trade options, they can be very helpful in measuring and understanding certain risks.