Strike the US options
market
$0 brokerage for up to 100 option
contracts*
contracts*
*T&Cs and elgibility apply. Options pass-through fees and FX costs still apply. Options trading involves significant risks and may not be suitable for everyone. Please consider our PDS, Target Market Determination and OCC's Characteristics and Risks of Options document before trading options with us.
Why consider trading options
Diversify your investments
Trade options in a wide range of U.S. stocks, indices, and ETFS. Create highly targeted investment strategies or get exposure to international markets, unavailable at home.
Hedging opportunities
U.S.options provide Aussies with sophisticated tools to hedge against market volatility and protect their investments, offering a strategic shield for their portfolios.
Innovative strategies
Implement advanced strategies, like covered calls for income,or use spreads to define risk.
Regulatory framework
Australians can trade with confidence in the U.S. options market, knowing it is underpinned by a strong regulatory system that promotes fairness and transparency.
The best value
option contract fees
in Australia
US Options Fixed Plan
US$0.5
Per contract
If you don't trade options often, the fixed plan may be more suitable for you. Offering a fixed & competitive fee of US$0.5 per contract.
US Options Tiered Plan
US$0.35~
$0.65
$0.65
Per contract
If you are an active options trader, the tiered plan may be a cheaper option - with the lowest fee tier at US$0.35 per contract.
See how we compare with other US option brokers.
Simplify the way you
trade options
Explore zero days to expiration (0DTE) options* by volume
Narrow the market with our options screener
View options volatility analysis
Practice strategies without risking real money
24/7 market news from big names
Live notifications for
unusual options activity
Options chain with
live bid/ask prices
Stay on top of the market
24/7 market news from big names
Live notifications for
unusual options activity
Options chain with
live bid/ask prices
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.
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.
What are the fees for trading options on Moomoo?
We have two different fee plans: Fixed plan at US$0.5 per contract, regardless of trading volume; Tiered plan from US$0.35-0.65 per contract, depending on total number of contracts traded. Both plans are one of the lowest fees for US options trading in Australia.