Options Trading

Hannah Longname Options trading rebates

Total $3,121.45
Contracts Traded 65
  • APPL $1234
  • APPL $1220
  • APPL $1200
  • APPL $1150
  • APPL $1000

The only trading platform with rebates on Options trading

Start off with a $0.10 rebate on your options trades, by using code OPTIONS10. Then, increase your rebate level based on your monthly contract volume.

  • No commission fees
  • No per-contract fees
Sharer Page: Options

Options are risky and aren’t suitable for all investors. To learn more, read the Options Disclosure Document.

Boost your Options trading rebate

Each month, you can boost your rebate based on your trading volume and keep that tier for the following month.

  • $0.06 up to 999 stock and ETF contracts

    Tier 1

  • $0.10 1,000-4,999 stock and ETF contracts

    Tier 2

  • $0.14 5,000-9,999 stock and ETF contracts

    Tier 3

  • $0.18 10,000+ stock and ETF contracts

    Tier 4

Options Rebate Disclosure

See terms of the Options Rebate Program: public.com/disclosures/rebate-terms. Rebate rates vary monthly from $0.06-$0.18 and depend on current and prior month’s option trading volume. Rates are subject to change. Investors must review the Options Disclosure Document (ODD): public.com/ODD. Options are risky and not suitable for everyone. See Fee Schedule & T&Cs: public.com/disclosures. Brokerage services for US-listed securities and options offered through Public Investing, member FINRA & SIPC. Supporting documentation upon request.

Instead of paying big fees to trade options, how about getting something back?

Aside from the mandatory $0.03 regulatory fee, Public charges no fees and you get something back.

BrokerRebateFees
Earn up to $0.18per contract traded$0.06
RobinhoodNone$0.04
FidelityNone$0.67–$0.69
TD AmeritradeNone$0.66

Trading fees for competitors were taken from their website on 9/17/2024, and are exclusive of promo rates. The trading fees above are an approximation, are subject to change, and may vary based on factors such as the total number of contracts and price per contract. See terms & conditions for enrolling in Public's options rebates at public.com/disclosures/rebate-terms.

Have questions? Find answers.

How much does it cost to trade options on Public?

Public charges no commissions or per-contract fees for stock and ETF options trades. In fact, you can earn a rebate on every eligible contract you trade. Your options rebate tier is based on how many contracts you trade each month. If you trade enough contracts to reach a higher tier, you’ll keep that better rate for the rest of the current month and all of the next one. After that, your rebate tier resets to your original level.

What options strategies are available on Public?

Public offers foundational strategies like long calls, long puts, covered calls, and cash-secured puts—as well as more advanced multi-leg strategies including straddles, strangles, collars, debit and credit spreads, butterflies, and condors (for members approved for these strategies).

What is the options rebate and how does it work?

Public offers a rebate on every stock and ETF options contract you trade. Your rebate tier is based on the number of contracts you trade each month. The more contracts you trade, the higher your rebate per contract. Once you qualify for a higher tier, you’ll keep that rate for the rest of the month and the entire next month. After that, your tier resets.
In the options world, every order gets executed on exchange, and payment for order flow is an essential part of the market structure. But now, you can share in the revenue it generates. Every time you place an options trade on Public, you’ll receive 50% of our payment for order flow revenue, minimizing your transaction costs.

Why are options considered riskier than other investments?

Options are considered riskier than many other investments because they are leveraged instruments, meaning that a small investment can lead to large gains or losses. Option prices can fluctuate significantly, and the potential for the total loss of your investment is higher than stocks or bonds.

Have additional questions about Options on Public?

Our US-based customer experience team has FINRA-licensed specialists standing by to help.

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Significantly cheaper.

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Cta Options Rebates