Options trading on Robinhood
Plus advanced charts, and some of the lowest margin rates in the industry.
Options are risky and aren't suitable for all investors. To learn more, read the Options Disclosure Document.
Options are risky and aren't suitable for all investors. To learn more, read the Options Disclosure Document.
Advanced Charts
Fine-tune your trading strategy
Track and modify technical indicators—like moving average (MA), relative strength index (RSI), moving average convergence divergence (MACD), and more.
Strategy Builder
Plan, build, and execute strategies
Choose and customize your strategy, then place an order. Depending on your trading level, you can build vertical spreads, calendar spreads, strangles, straddles, and more.
Certain complex options strategies carry additional risk. Not a recommendation of a strategy.
Watchlist
Discover options without trading
Save and monitor options contracts to see their hypothetical returns.
Cash Accounts
Trade with greater flexibility
Trade stocks, ETFs, and now options without worrying about pattern day trade restrictions. Options and cash accounts—together at last.
Index Options
More Options. Lower Fees.
Index options are now available on Robinhood. Start trading options on diversified indices like the S&P 500 and VIX — all while gaining access to potential tax benefits and one of the lowest contract fees among leading brokerages.*
No contract fees or commissions for all stock and ETF options.
Other fees, like index options contract fees, may apply.
Commission Fees | Per Contract FeesStock and ETF options | Exchange & Regulatory FeesOptions Regulatory Fee
per contract | OCC Clearing Fee
per contract | | ||
|---|---|---|---|---|---|---|
Robinhood | $0 | $0 | $0.01 | $0.02Max $55 per trade | ||
Fidelity | $0 | $0.65 | $0.02-$0.04 | $0 | ||
Schwab | $0 | $0.65 | $0.009946 | $0 | ||
For the list of competitors, we used the top 2 options-enabled broker dealers where our customers have transferred their account to (ACAT out). Fees apply as of November 18, 2024.
For details on all applicable fees, view Robinhood fee schedule.
Level up with
Robinhood Gold
Your money makes money with 4.25% APY on uninvested cash, FDIC-insured up to $2.5 million at partner banks. Your first 30 days are free, then you'll pay a subscription fee ($5/month).
4.25% APY with High-Yield Cash
Earn more interest on your uninvested cash. There's no cap, and you can invest or withdraw anytime.*
Bigger Instant Deposits
Get up to $50K of your deposits instantly, so you can jump on investment opportunities faster.
Get your first $1k of margin interest-free
Then enjoy margin rates between 4.95% and 6%**
Advanced market data
Keep tabs on the price movement of stocks and ETFs with Level II market data from Nasdaq.
Professional research
Plan your next move with in-depth research by independent financial analysts at Morningstar.
*Terms apply. Rate subject to change.
**For margin enabled customers, to earn interest through the cash sweep program, a cash balance is needed. If you have a margin balance, there is no cash balance to earn interest.
Level up your options strategies
Powerful. Smooth. Trades.