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 | OCC Clearing Fee | | ||
|---|---|---|---|---|---|---|
| Robinhood | $0 | $0 per contract | $0 | $0 | ||
| Fidelity | $0 | $0.65 per contract | $0.02-$0.04 per contract | $0 | ||
| TD Ameritrade | $0 | $0.65 per contract | $0.009946 per contract | $0 | ||
| Webull | $0 | $0 per contract | $0.02915 per contract | $0.02 per contract (Max $55 per trade) (Buys & Sells) | ||
For the list of competitors, we used the top 3 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 options exchanges.
With Robinhood,
you get more.
Level up with
Robinhood Gold
Unlock premium features including 4.15% APY on uninvested cash, larger instant deposits, and Level II market data from Nasdaq for only $5 per month.
See what Robinhood Gold offers
24/7 live human 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.*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.
