The options trading commission is $0, and the per-contract fee is also $0.
Option trades may be subject to regulatory agency passthrough fees. The fees will appear on your confirmation as follows:
Option Fee
Options Regulatory Fees charged by Options Clearing Corporation on the buy and sell side of the trade.
Fees
SEC fee placed on the sell side of trades (Sell open and Sell close).
Index Option Fee
CBOE fees for Index Option trades.
Disclosures
Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Firstrade does not guarantee favorable investment outcomes, and there is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing. To learn more about the risks associated with options, please read the Characteristics and Risks of Standardized Options before you begin trading options.