Options
Get robust options trading tools plus expert insight and support from Schwab for just $8.95 options commission + $0.75 per contract on single and two-legged orders. Additional capabilities are also available from optionsXpress.
Options Tools
Charting, screening and strategy tools designed to make the most of your options trades.
Options Education
Schwab offers a range of free options education from on-demand webinars to live workshops.
Enhanced Services
Schwab acquires optionsXpress, providing enhanced services for options and futures trading.
Schwab Options Expert, Randy Frederick
Receive 30 days of Randy Frederick's weekly options market outlook and review, normally reserved for active trading clients.
- Randy’s Tip of the Week
- Options Week in Review
- In-depth commentary covering open interest, volatility, and more.
Get priority access to options specialists who can help with risk analysis, hedging techniques, income generation, and technical/fundamental analysis. They can also assist you in implementing your strategies and placing complex orders.
Quick Links for Traders
*Free trades expire 180 days after account approval, up to 250 trades total. Applies to base online equity, ETF, and option commissions only. Option per-contract and foreign transaction fees still apply. To qualify, call 888-245-6864 and commit to making a minimum of 36 online equity or options trades per year and deposit $50,000. Other commission-free trade offers may be available if you deposit less than $50,000 -- call 888-245-6864 for terms. Commission-free trades will be assigned following determination of eligibility by Schwab. Account and assets deposited must be new to Schwab. Assets transferred from optionsXpress, Inc. or other Schwab affiliates are excluded. Current Schwab clients and households are not eligible. Offer valid until 12/31/2012. Offer is nontransferable, limited to one per household, and may not be combined with other offers. Accounts ineligible for this offer include, without limitation: 401(k), 403(b), Custodial, 529 Plan and Estate accounts. Only trades placed through Schwab.com, Schwab trading platform applications and Schwab Wireless are eligible for free trades. No credit will be given for unexecuted trades. Domestic, nonprofessional accounts only. Schwab, Schwab-affiliated, broker-dealer and exchange employees are not eligible. Other exceptions may apply. Schwab reserves the right to restrict this offer at any time.
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Covered calls provide downside protection only to the extent of the premium received and limit upside potential to the strike price plus premium received. With long options, investors may lose 100% of funds invested. Multiple-leg options strategies will involve multiple commissions. Please read the Options Disclosure Document titled Characteristics and Risks of Standardized Options.
Futures trading carries a high level of risk and is not suitable for all investors. Certain requirements must be met to trade futures. Please read the Risk Disclosure Statement for Futures and Options before considering any futures transactions.
Charles Schwab & Co., Inc. (Member SIPC) ("Schwab") and optionsXpress, Inc. (Member SIPC) ("optionsXpress") are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.
Symbols and price and volume data shown here are for illustrative purposes only, and do not constitute a recommendation by Schwab to buy or sell a particular security.
Schwab does not recommend the use of technical analysis as a sole means of investment research.