Everything you need to trade options
Professional-grade tools built into every Market Securities account — no add-ons, no upgrade tiers.
Options Chain
Filter by expiry, strike, ITM/OTM, IV, delta. Click any contract to load it straight into your ticket.
Strategy Builder
Stack up to 4 legs and see live P/L curves, breakevens, max profit/loss, and margin requirements.
Greeks Calculator
Real Black-Scholes-Merton math. Compute theoretical price, delta, gamma, theta, vega, and rho.
IV Scanner
Scan IV rank and percentile across 5,000+ underlyings. Spot premium-selling opportunities in seconds.
Earnings Calendar
Track upcoming earnings, dividends, and ex-div dates with expected move and straddle pricing.
Risk Navigator
Stress-test your portfolio against spot moves, vol shocks, and rate changes with scenario analysis.
Built for serious traders
From low fees to real-time Greeks, every detail is tuned for active options traders.
4-leg strategies
Build multi-leg trades — condors, butterflies, calendars — in a single ticket.
$0.65/contract
Industry-low commissions with no exercise or assignment fees. Index options $1.00.
No exercise fees
Assignment and exercise are free. We never charge for end-of-day settlement.
Smart routing
We route to 7 options exchanges for best price, with price-improvement on 38% of trades.
Risk Navigator
Spot portfolio exposure by delta, gamma, vega, and theta across every position.
Real-time Greeks
Live delta, gamma, theta, vega, and rho on every leg, recomputed every tick.
Portfolio margin
Eligible accounts get portfolio margin — typically 5-7× more buying power than Reg-T.
Weekly expirations
Trade dailies, weeklies, and standard monthlies on 1,500+ underlyings.
5,000+ underlyings
Equities, ETFs, indices, and futures options — all from one account.
Three steps to your first options trade
Open an account
5-minute application. Get approved for options tiers 0-4 with just a few questions.
Fund & build
Deposit via ACH, wire, or transfer. Pick a strategy from 6 presets or build your own.
Trade & monitor
Submit, track, and adjust with live Greeks. Close early, roll, or let it expire.
No surprises. Ever.
Industry-low commissions with zero hidden fees. What you see is what you pay.
Options questions, answered
Everything you need to know before placing your first options trade.
An option is a contract giving the buyer the right (not obligation) to buy (call) or sell (put) 100 shares of an underlying at a set strike price, on or before an expiration date. The buyer pays a premium; the seller collects it.
Options risk disclosure: Options involve risk and are not suitable for all investors. Prior to buying or selling an option, you must receive a copy of Characteristics and Risks of Standardized Options. Multiple-leg strategies involve additional risks and multiple commissions. Support, resistance, and breakeven points are estimates and not guarantees. Past performance does not guarantee future results.
Start trading options
Ready to trade 5,000+ underlyings?
Open an Market Securities account in under 5 minutes. Get approved for options tiers 0-4, access real-time Greeks, and start trading in a single ticket — from single calls to 4-leg condors.