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eOption review
Connect eOptionQuantWheel
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No integration. QuantWheel cannot read accounts at eOption, so you cannot use it with QuantWheel.
- Fee per contract
- $0.10 + $1.99 per trade
- to open a contract
- Exercise and assignment
- $9
- per event
- Approval
- Naked
- up to naked short options
- Margin rate
- 8.20%
- on a $50,000 balance
- Countries
- US residents plus 12 listed countries, or 13 with China, as broker pages disagree ($25,000 minimum)
- from the broker's own pages
What you can trade
From the options agreement
- 0DTE (Not published)
- Index options (SPX)
- Options on futures (Not published)
- Spreads in an IRA
- Portfolio margin (Not published)
- Paper trading
- 24/7 support (Not published)
PlatformsWeb, Mobile
Cost to open
Per-contract fee only
- One cash-secured put1 contract
- $0.10
- Ten-lot iron condor40 contracts
- $4
- Twenty covered calls20 contracts
- $2
- One turn of the wheelput assigned, call exercised, 2 contracts
- $18.20
Exchange fees and per-order minimums are extra where the fee schedule has them. The wheel row adds the two $9 events.
What eOption costs for the way you trade
A year of fees from eOption's published prices, checked 7 and 8 October 2026.
- eOption standard price$4.35 a trade, 3.6% of your premium
- $417 a year
- Among 21 brokers open to residents of the United StatesLowest is Firstrade at $3.67 a year, plus small regulatory fees it does not publish
- 20th
QuantWheel
Not connected
No integration. QuantWheel cannot read accounts at eOption, so you cannot use it with QuantWheel.
Compare eOption with
Brokers that serve the same countries, compared fact by factFees explained
What each line of the fee schedule means for an options ordereOption
$0.10 + $1.99 per trade, charged on each leg. A ten-lot iron condor is 40 contracts, so $4 to open, and the same again if you close it before expiry. Exchange fees and per-order minimums are extra where the fee schedule has them.
$9 per event, on top of the per-contract fee. A cash-secured put that is assigned costs $9, and the covered call that is later exercised costs $9 again. Closing the option before expiry avoids both. Cost to open
The options agreement approves up to naked short options in a margin account. Spreads are allowed in an IRA. It does not publish whether portfolio margin is offered.
Not published.
What changed at eOption
Every fee, term and policy we track, with the day it movedNo change recorded since the last check. A change to a fee or a rule appears here on the day we record it.
Questions people ask
Answered from the documents aboveeOption
No; QuantWheel cannot read accounts at eOption. Connect eOption
$0.10 + $1.99 per trade, and $9 per exercise or assignment, from the fee schedule checked 8 October 2026. Exchange fees are extra. Compare fees across brokers
It does not publish whether 0DTE trading is allowed. Index options such as SPX are offered. The options agreement approves up to naked short options in a margin account. Brokers for 0DTE
US residents plus 12 listed countries, or 13 with China, as broker pages disagree ($25,000 minimum), according to eOption's own pages. Check with eOption before you open an account. Brokers by country
Facts from eOption's own fee schedule and options agreement, checked 8 October 2026.