If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

Interactive Brokers Home

CBOE Options Fees

Public Customer Broker-Dealer Firm Away MM Joint Back Office Professional
Remove
Liquidity		 Add
Liquidity		 Remove
Liquidity		 Add
Liquidity		 Remove
Liquidity		 Add
Liquidity		 Remove
Liquidity		 Add
Liquidity		 Remove
Liquidity		 Add
Liquidity		 Remove
Liquidity		 Add
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 0.43 USD 0.43 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 0.75 USD 0.75 USD 0.70 USD 0.70 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
ETF/HOLDRs
Penny Pilot >= 100 contracts USD 0.18 USD 0.00 USD 0.47 USD 0.47 USD 0.43 USD 0.43 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47
Penny Pilot < 100 contract USD 0.00 1 USD 0.00 USD 0.47 USD 0.47 USD 0.43 USD 0.43 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47 USD 0.47
Non Penny Pilot >= 100 contracts USD 0.18 USD 0.00 USD 0.75 USD 0.75 USD 0.70 USD 0.70 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
Non Penny Pilot < 100 contract USD 0.00 1 USD 0.00 USD 0.75 USD 0.75 USD 0.70 USD 0.70 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
Index
SPX, Premium >=$1.00 USD 0.45 USD 0.45 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42
SPX, Premium < $1.00 USD 0.36 USD 0.36 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42
SPXW, Premium >=$1.00 USD 0.45 USD 0.45 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42
SPXW, Premium < $1.00 USD 0.36 USD 0.36 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.42 USD 0.40
OEX 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 - Weekly 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
RUT USD 0.18 USD 0.18 USD 0.65 USD 0.65 USD 0.25 USD 0.25 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65 USD 0.65
XEO 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
XEO - Weekly 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
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 0.40 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
VIX, Premium >= $2.00 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
Complex VIX, Premium > 0.00 USD 0.05 USD 0.05 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
Complex VIX, Premium > $0.10 USD 0.17 USD 0.17 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
Complex VIX, Premium > $1.00 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
Complex VIX, Premium > $2.00 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 0.04 USD 0.04 USD 0.08 USD 0.08 USD 0.06 USD 0.06 USD 0.08 USD 0.08 USD 0.08 USD 0.08 USD 0.08 USD 0.08
XSP, < 10 contracts USD 0.00 USD 0.00 USD 0.08 USD 0.08 USD 0.06 USD 0.06 USD 0.08 USD 0.08 USD 0.08 USD 0.08 USD 0.08 USD 0.08
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 0.43 USD 0.43 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 0.70 USD 0.70 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75 USD 0.75
MXEA, MXEF USD 0.25 USD 0.25 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
NANOS USD 0.00 USD 0.00 USD 0.01 USD 0.01 USD 0.01 USD 0.01 USD 0.01 USD 0.01 USD 0.01 USD 0.01 USD 0.01 USD 0.01
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 0.12 USD 0.12 USD 0.12 USD 0.12 USD 0.12 USD 0.12 USD 0.12 USD 0.12 USD 0.12 USD 0.12
Surcharge - SPX USD 0.00 USD 0.00 USD 0.18 USD 0.18 USD 0.18 USD 0.18 USD 0.18 USD 0.18 USD 0.18 USD 0.18 USD 0.18 USD 0.18
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 0.14 USD 0.14 USD 0.30 USD 0.30 USD 0.30 USD 0.30 USD 0.30 USD 0.30 USD 0.30 USD 0.30 USD 0.30 USD 0.30

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.

The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information read the "Characteristics and Risks of Standardized Options". For a copy click here.

Your capital is at risk and your losses may exceed the value of your original investment.

Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.

Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

For a list of IBG memberships worldwide, click here.