Options Product Highlights


Interactive Brokers has its roots in options trading going back over 32 years. Our sophisticated trading technology is built by professionals for professionals, and offers significant benefits to options traders who are serious about their results. See how price improvement, lower cost, innovative technology and real-time risk management make Interactive Brokers the smart choice for options traders.

Price Improvement
  • Based on independent measurements, the Transaction Auditing Group, Inc., (TAG), a third-party provider of transaction analysis, has determined that Interactive Brokers US Options Price Improvement is 22 cents per contract better than the industry1 during the first half of 2009.
  • IB SmartRoutingSM searches for the best price available at the time of your order, and unlike other routers, dynamically routes and re-routes all or parts of your order to achieve optimal execution.
  • To achieve price improvement on spread orders, IB may natively route the combination, or independently route legs to the best possible venue, with IB undertaking the risk of partially executed orders.
Lower Costs
  • $0.15 - $0.70 commission per US options contract. No extra ticket charges, $1 minimum per order. Non-US commissions at comparable rates.
Premier Technology and Risk Management
  • In the case of an exchange malfunction, IB SmartRouting AutorecoverySM re-routes your US options orders, with IB undertaking the risk of double executions.
  • IB supports over 40 different order types that limit risk, speed execution, improve price, provide discretion, time the market and simplify trading.
  • Trade in terms of volatility instead of price using TWS VolTrader.
  • OptionTrader provides streaming option chains, quick-click order transmission and the Greeks.
  • IB Risk NavigatorSM provides sophisticated real-time price/risk analytics, unifying exposure across multiple asset classes around the globe.
  • Use the Model Navigator for interactive options pricing. Modify volatility, interest rates and other pricing assumptions for use in the model price calculation.
  • Real-time scanners and charts provide options industry statistics such as Volatility, Volatility Gainers, and Put/Call Ratios.
  • IB's daily Options and Futures Intelligence Report provides insight into the markets with market statistics updated hourly and analyst-composed market commentary.
  • Download our free Options Pricing Calculator and Options Strategies widgets to help with everyday trading tasks.
 




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Available Products

 

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Smart RoutingSM

 

TWS Users' Guide

 

† Link names are the navigation sequence through the IB website menu bar located at the top of every IB web page.
Any stock, options or futures symbols displayed are for illustrative purposes only and are not intended to portray a recommendation. Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options from Mr. Salvatore Recco, Interactive Brokers LLC, 1 Pickwick Plaza, Greenwich, Connecticut 06830 or by calling (203) 618-5800.

1 Source: The Transaction Auditing Group (TAG). Industry as a whole for the referenced periods according to TAG.
The analysis for options included all market orders with order sizes of 1 to 50 contracts.

2 There is no guarantee of execution. Orders will be routed to US options exchanges.