Navigate different market situations with greater flexibility.
A Smarter Option
$0 commission* options trading
Advanced order types and 13 options strategies
Trade seamlessly on both mobile and desktop
Free real-time Level 2 data for funded accounts**
Disclosure
Other fees may apply. Options trading is risky and not appropriate for all investors. Read Options Disclosure Document before trading.
No equity options contract fees or commissions*
Take charge of your investments with our low fees and margin rates.
| E*TRADE | ||
| $0 | $0 | |
Contract fees (Equity options)* | $0.5 - $0.65 | $0.65 |
| $65.00 | $65.00 | |
| $130.00 | $130.00 | |
Contract fees (Index option)* | $0.65 | $0.65 |
Margin fee | 13.20% | 12.125% |
*$0 contract fees only apply to equity options, while index options will be subject to a $0.5 contract fee per contract. Other fees may apply. For detailed fee information, please visit https://www.moomoo.com/us/pricing. Contract fees and margin rates are subject to change.
Source: Official website of brokerages as of 02/21/2024.**Information presented is for illustrative purposes only. It is not a recommendation of a trading strategy.
Full Disclosures
Why consider trading options
Enhance your profit potential
Tap into the potential for higher returns, typically less upfront costs.
More flexibility
Leverage options trading flexibility and navigate different market climates.
Extra income potential
Leverage your stock holdings to potentially generate additional income.
Learn more >
Risks disclosure
Disclosure
Why consider trading options
Move faster & trade with precision
Explore zero days to expiration (0DTE) options* by volume
Find potential opportunities with Options Unusual Activity
View options volatility analysis
Access company earnings reports
Disclosure
Unlock your trading potential
Easily place, and manage complex strategies, orders, and positions to help achieve your investment objectives.
We offer 13 types of options strategies, including customizable strategies for added flexibility.
We offer 13 types of options strategies, including customizable strategies for added flexibility.
See More
Disclosure
Stay on top of the market
Use insightful P/L analysis to gain a clearer picture of your options strategy's possible performance at expiration before entering a new position. Disclosure
Enjoy free real-time Level 2 data* with up to 60 bids/asks price levels.
*Level 2 data is free for Moomoo Financial Inc. accounts with a minimum 30-day average account value of $100+
Level up your options trading skills
Disclosure
Trade options, wherever you are
Seamlessly trade and manage your investments across mobile and desktop. Enjoy flexibility to place single, multi-leg*, and conditional orders all in one transaction.
Disclosure
FAQS
What is an option?
An option is a financial contract that grants the holder the opportunity, but not the obligation, to buy or sell an underlying asset at a predetermined price (known as the strike price) within a specified timeframe (until expiration). While the holder (the buyer) has the flexibility to execute the contract, the writer (the seller) is obligated to fulfill the terms of delivery if the holder chooses to exercise their right.
Is option trading good for beginners?
Options trading can be complex and carries inherent risks, so it may not be suitable for all beginners. However, with education, an understanding of options trading, and its risks, beginners can start learning to trade options effectively. It's crucial for novice options traders to begin by understanding basic options concepts, such as options contracts, strategies, and associated risks. Additionally, beginners should consider starting with paper trading or using simulated accounts to practice options trading before committing real capital. Seeking guidance from reputable educational resources, mentors, or financial advisors can also be beneficial for beginners in options trading.
What are the advantages and risks of options?
Advantages:
Options trading can offer significant advantages, including the potential for high returns with smaller upfront investment, income generation through various strategies, and portfolio diversification. Options can also be used for risk management and trading different market perspectives. However, it's always important to understand the associated risks, such as the potential for substantial losses and complexity in trading strategies.
Risks:
Options trading presents several disadvantages, primarily due to its complexity, making it less suitable for inexperienced traders who lack significant market insight. The advanced nature of options requires a deep understanding of market dynamics and risk management strategies to avoid impactful losses. Inexperienced investors may be tempted by the potential for quick profits without fully grasping the implications of their trades, leading to substantial losses. Options also carry the risk of becoming worthless, especially if they expire out of the money, potentially resulting in significant financial loss. Certain options trading strategies may expose traders to unlimited losses, emphasizing the need for a thorough understanding of risk-return profiles.
Disclosure
Options trading can offer significant advantages, including the potential for high returns with smaller upfront investment, income generation through various strategies, and portfolio diversification. Options can also be used for risk management and trading different market perspectives. However, it's always important to understand the associated risks, such as the potential for substantial losses and complexity in trading strategies.
Risks:
Options trading presents several disadvantages, primarily due to its complexity, making it less suitable for inexperienced traders who lack significant market insight. The advanced nature of options requires a deep understanding of market dynamics and risk management strategies to avoid impactful losses. Inexperienced investors may be tempted by the potential for quick profits without fully grasping the implications of their trades, leading to substantial losses. Options also carry the risk of becoming worthless, especially if they expire out of the money, potentially resulting in significant financial loss. Certain options trading strategies may expose traders to unlimited losses, emphasizing the need for a thorough understanding of risk-return profiles.
Disclosure
What are the fees for trading options on Moomoo?
On moomoo, users can trade U.S. equity options without paying any commission, platform fees, or contract fees*. Additionally, users can trade U.S. index options with no commission or platform fees, and a contract fee of $0.50.
Other fees may apply. Disclosure
Other fees may apply. Disclosure