Dec 13, 2017
Introducing Options Trading
Robinhood offers a commission-free and intuitive options trading experience to all investors - not just the wealthy
Three years ago, we launched commission-free equity trading, paving the way for millions of Americans to participate in the financial system. Since then, we’ve committed ourselves to expanding our platform, and making more financial services available to everyone by driving down costs. Today, we are excited to announce the launch of commission-free options trading, a tool many of you have requested on Robinhood.
Options trading on Robinhood is designed to be a cost-effective and seamless experience, and is available starting today with a full release expected in 2018. Get early access here.
Highlights include:
No Commission FeesNo commission and no per contract fee upon buying or selling options, as well as no exercise or assignment fees. Currently, options traders pay up to $6.95 + $0.75/contract and up to $19.99 upon exercising and assignment. As with equities, the execution of options is purely electronic, making commission fees a thing of the past.
More information about options trading can be found at the Help Center and in the options risk disclosure document.
Last month, we released Robinhood for Web, complete with powerful research and discovery tools to help you make better-informed decisions, as well as a portfolio transfer service so you can move your outside portfolios to Robinhood.
Stay tuned for more updates!
The Robinhood Team