Options Trading

What is the cost if I exercise my options early?

If you opt to exercise any long call or put options positions prior to the assignment date of the contracts, the early exercise charge is $30.

You won't have a separate trade charge when you exercise a call (buy) or a put (sell).

Please note: Options trading involves risk and isn't suitable for every investor. Before investing in options, please read the Characteristics and Risks of Standardized Options.

What is the cost if my options are automatically exercised?

If you own long call or put options contracts that finish at least $0.01 in-the-money, the contracts gets automatically exercised on expiration weekend. Each contract that finishes in-the-money costs $20 per position to exercise.

You won't be charged a separate transaction cost when you exercise a call (buy) or a put (sell).

Please note: Options trading involves risk and isn't suitable for every investor. Before investing in options, please read the Characteristics and Risks of Standardized Options.

What is the cost if I am assigned an exercise notice?

If you, A) own short call option contracts; B) you receive an exercise notice prior to expiration; or C) let your short call option contracts finish in-the-money, the cost to assign each option is $20 per position.

If your short call position is assigned, you won't have to pay a separate trade cost.

Please note: Options trading involves risk and isn't suitable for every investor. Before investing in options, please read the Characteristics and Risks of Standardized Options.