Get a premium options trading experience without paying a premium price

Open Your Account

Trade options online for just US$0.65 per contract fee—no base commission.¹ And your satisfaction is guaranteed.²

If you're not completely satisfied, we'll refund your eligible fee or commission and work with you to make things right.

Trade & probability calculator

Gauge the potential risk and reward of an order before you place the trade.
Options chains

View real-time quotes, determine an option's theoretical value, build complex spreads, and more.
Idea Hub™

Quickly generate ideas based on specific goals and screening criteria, updated throughout the trading day.
Options Greeks

Measure factors that influence an option's price with Greeks built directly into the options chain.
Screeners

Pinpoint opportunities with pre-defined and customized screens for stocks and options.
Options orders

Place a variety of options orders, including 3- and 4-leg strategies. Buy or sell up to four different options at once.

Our options specialist team is dedicated to using in-depth derivatives knowledge to help you evaluate and implement your options strategies.

U.S. Market Commentary

Get weekly insights from top Schwab professionals.
Schwab Market Update

Read our daily recap of the biggest market news.
U.S. Investing Education Center

Cultivate your skills and learn new ones for any experience level.