Now introducing commission-free trading
Applies to US exchange listed stocks, ETFs, and options. A USD$0.70 per contract fee applies for options trades. A USD$7.44 commission applies to trades of over-the-counter (OTC) stocks which includes stocks not listed on a U.S. exchange.
Options can be a useful tool, especially in volatile markets, allowing for greater leverage and the ability to hedge your positions and potentially generate additional income. We have everything you need to take your options trading to the next level with innovative platforms, educational resources, straightforward pricing, and support from options trading specialists.
Three reasons to trade options at TD Ameritrade
Access to U.S. markets
Trading options on the U.S. markets allows you to access the most liquid options market in the world, helping you to find more trading opportunities and be more diversified. Plus, options afford a leverage that allows you to trade some of the most well known U.S. stocks with less capital at risk.
$0 commissions and no hidden fees
Get the kind of value you deserve with TD Ameritrade. Enjoy $0 commissions on option trades1, no subscription or access fees to use our trading platforms, and no trade minimums. Explore our straightforward pricing.
1Applies to U.S. exchange-listed stocks, ETFs, and options. A USD$0.70 per contract fee applies for options trades.
Award-winning trading platforms
Quickly take advantage of opportunities with the advanced thinkorswim desktop, web, and mobile platforms.
Technology built by traders for traders
With thinkorswim's professional-level trading tools, you can execute a wide range of options trading strategies with speed and ease, so you can act on potential opportunities fast.
Scanning
thinkorswim's premium trend tracking and data-mining tools empower you with relevant, timely information for identifying potential insights and trading opportunities. Option Hacker and powerful charting packages provide even more ammunition for new ideas.
Analytic Tools
It's one thing to know what might happen to your trade when you're right on the direction. But what about when you're wrong? When you want to take a closer look under the hood of a potential trade, the Analyse tab lets you "see" your trade and all of its potential outcomes before you place your order.
Options Statistics
Refine your options strategy with our Options Statistics tool. Look at the put-call ratio to identify the potential direction of the underlying security. Assess the IV% to determine a buying or selling strategy. And use our Sizzle Index to help identify if option activity is unusually high or low.
Web-based options trading
thinkorswim Web lets you trade options on your browser, from anywhere you can access the internet—no software download necessary. From single-legged trades to iron condors, use preconfigured strategies to set up options orders in one click.
Mobile options trading
With features like Options Statistics, Options Probabilities, and Analyse, thinkorswim Mobile, offers professional tools to help you trade options right from your mobile device. You can also paper trade with paperMoney®, access customised charts, and get live market news from CNBC.
Education Centre
Whether you're a seasoned option trader or aspiring to get there, you'll enjoy the great educational resources in our Education Centre. Explore articles and videos from options basics to complex strategies, and learn how to use thinkorswim so you can be up and running quickly once you open your account.
