US Stock Multi-Leg Options Fees

Fees

US multi-leg options order may consist of either a combination of US options or combination of US options + stocks/ETFs. Each leg in a multi-leg options order is charged separately and subject to the minimum fee rate.

Total fees are calculated by adding up the fees for each individual leg.

Examples

Example 1: To build a long covered call, an investor buys 100 shares of the underlying stock at US$35 per share and simultaneously sells 1 call option on the same underlying stock at US$5. The commissions and other transaction fees for the 100 shares of stock and the 1 option contract are calculated separately.

Taking the commission as an example, the commission for 100 shares of stock is US$1.05. The commission for 1 option contract is 1 * US$0.20 = US$0.20.

Therefore, the total commissions are US$1.05+US$0.20 = US$1.25.

*Subjected to other fees e.g. Platform fees.

Example 2: To build a long straddle, an investor buys 1 call option and 1 put option on the same underlying stock at US$6.5 each, both with the same strike price and the same expiration date. The commissions and other transaction fees for the two-leg option contracts are calculated separately.

Taking the commission as an example, the commission for 1 call option contract is 1 * US$0.20 = US$0.20.

The commission for 1 put option contract is 1 * US$0.20 = US$0.20.

Therefore, the total commissions are US$0.20 + US$0.20 = US$0.40.

*Subjected to other fees e.g. Platform fees.

Please see our fee schedule for detailed information on US stocks and options fees and charges.