Options trading on Robinhood

Plus advanced charts, no contract fees, 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.

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.

Robinhood Retirement

Trade options in a tax-advantaged account

Hedge with long puts, generate income with covered calls, and more—all in the only IRA with a 1% match* every year.

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.

No contract fees. No commissions.

Be bearish on fees and keep those savings for your investments. Other fees may apply.

	Commission Fees	Per Contract Fees	Exchange & Regulatory Fees		Options Regulatory Fee per contract	OCC Clearing Fee per contract
Robinhood	$0	$0	$0.01	$0.02 Max $55 per trade
Fidelity	$0	$0.65	$0.02-$0.04	$0
TD Ameritrade	$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). We then listed out commission, per contract fees, and other regulatory and/or exchange fees specific to the options exchanges. Fees apply as of September 21, 2023

With Robinhood, you get more.

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Robinhood Gold

Your money makes money with 4.5% APY on uninvested cash, FDIC-insured up to $2.5 million at partner banks. Your first 30 days are free, then a subscription fee applies.

Start earning with Gold

24/7 support

Chat or request a call back in the app. We’re here for you and your investments, day or night.

Options rolling

Seamlessly and simultaneously adjust or extend your positions.*

A hypothetical options position being rolled into a new position with a different strike price.

For illustrative purposes only. Not a recommendation of a strategy.

*Rolling options involves closing an existing position, thereby realizing any gains or losses, and opening a new position. Rolling doesn't ensure a profit or guarantee against a loss, and may also end up compounding any losses.

Level up your options strategies

Powerful. Smooth. Trades.

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