CBOE Options Fees

Public Customer Broker-Dealer Firm Away MM Joint Back Office Professional
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Liquidity
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Liquidity
Remove
Liquidity
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Liquidity
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Liquidity
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Liquidity
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Liquidity
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Liquidity
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Liquidity
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Liquidity
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Liquidity
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Liquidity
Mini-Options USD 0.00 USD 0.00 USD 0.04 USD 0.04 USD 0.03 USD 0.03 USD 0.04 USD 0.04 USD 0.03 USD 0.03 USD 0.03 USD 0.03
Equity
All - Penny Pilot USD 0.00 1 USD 0.00 USD 0.47 USD 0.47 USD 0.38 USD 0.38 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47
All - Non-Penny Pilot USD 0.00 1 USD 0.00 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65
ETF/HOLDRs
Penny Pilot >= 250 contracts USD 0.18 USD 0.18 USD 0.47 USD 0.47 USD 0.38 USD 0.38 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47
Penny Pilot < 250 contract USD 0.00 1 USD 0.00 USD 0.47 USD 0.47 USD 0.38 USD 0.38 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47
Non Penny Pilot >= 250 contracts USD 0.18 USD 0.18 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65
Non Penny Pilot < 250 contract USD 0.00 1 USD 0.00 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65
Index
SPX, Premium >=$1.00 USD 0.44 USD 0.44 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
SPX, Premium < $1.00 USD 0.35 USD 0.35 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
SPXW, Premium >=$1.00 USD 0.44 USD 0.44 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
SPXW, Premium < $1.00 USD 0.35 USD 0.35 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
OEX USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
OEX - Weekly USD 0.30 USD 0.30 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
XEO USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
XEO - Weekly USD 0.30 USD 0.30 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
DIVD, DVS USD 0.40 USD 0.40 USD 0.60 USD 0.60 USD 0.25 USD 0.25 USD 0.60 USD 0.60 USD 0.40 USD 0.40 USD 0.40 USD 0.40
VIX, Premium > 0.00 USD 0.10 USD 0.10 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
VIX, Premium > $0.10 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
VIX, Premium >= $1.00 USD 0.45 USD 0.45 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
Volatility Premium > 0.00 USD 0.10 USD 0.10 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
Volatility Premium > $0.10 USD 0.27 USD 0.27 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
Volatility Premium >= $1.00 USD 0.48 USD 0.48 USD 0.40 USD 0.40 USD 0.25 USD 0.25 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40 USD 0.40
SRO USD 0.80 USD 0.80 USD 0.80 USD 0.80 USD 0.50 USD 0.50 USD 0.80 USD 0.80 USD 0.80 USD 0.80 USD 0.80 USD 0.80
XSP USD 0.00 USD 0.00 USD 0.45 USD 0.45 USD 0.25 USD 0.25 USD 0.45 USD 0.45 USD 0.30 USD 0.30 USD 0.30 USD 0.30
RUI,RLV and RLG 3 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00
UKXM and FXTM 3 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00
All Other - Penny Pilot USD 0.18 USD 0.18 USD 0.47 USD 0.47 USD 0.38 USD 0.38 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47
All Other - Non- Penny Pilot USD 0.18 USD 0.18 USD 0.75 USD 0.75 USD 0.65 USD 0.65 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
MXEA, MXEF USD 0.00 USD 0.00 USD 0.75 USD 0.75 USD 0.65 USD 0.65 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
Index/ETF Surcharge
Surcharge - Volatility USD 0.00 USD 0.00 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10
Surcharge - OEX, XEO, DVS, DIVD, DJX, DXL, MXEA, MXEF USD 0.00 USD 0.00 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10 USD 0.10
Surcharge - SPX USD 0.00 USD 0.00 USD 0.14 USD 0.14 USD 0.14 USD 0.14 USD 0.14 USD 0.14 USD 0.14 USD 0.14 USD 0.14 USD 0.14
Surcharge - SRO USD 0.00 USD 0.00 USD 0.26 USD 0.26 USD 0.26 USD 0.26 USD 0.26 USD 0.26 USD 0.26 USD 0.26 USD 0.26 USD 0.26
Surcharge - MNX, NDX USD 0.00 USD 0.00 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25 USD 0.25
Surcharge - RUT USD 0.00 USD 0.00 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45 USD 0.45
Surcharge - VXST (maker non-turner) USD 0.05 USD 0.05 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00
Surcharge - VIX (maker non-turner), premium > 0.10 USD 0.20 USD 0.20 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00
Surcharge - SPXW (electronic only) USD 0.10 USD 0.10 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD 0.00

Notes:

  1. In certain circumstances for public customer orders that remove liquidity, IB will route an order to CBOE when CBOE is not currently posting the NBBO but may be willing to “step up” and execute the order at NBBO. In these cases, in addition to its base commission, IB will charge customer an amount equal to one half of the fee that would have been charged had IB routed to an exchange posting at NBBO rather than CBOE. In these cases, IB will guarantee the customer a fill at the NBBO at the time that IB routed the order.
  2. Stock legs on CBOE buy/writes charged USD 0.001/share.
  3. Transaction fees on UKXM, FXTM, RUI, RLV and RLG options will be waived through June 2017.