TastyWorks option trading commissions $1 to open, Zero to close !

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https://tastyworks.com/pricing.html

​This is by the guys who started Think or Swim trading platform! They sold it to TDAmeritrade, but now have a new trading platform particularly keen for option traders! 
​$1/contract to open and ZERO ($0.00) to close !!  That is pretty good for option trading!  Allows for small trades an scaling in or out!! 



 

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Ha. Most of their customers long positions will be expiring worthless anyway

I can't seem to locate what the monthly fee is for when you don't generate $x in commissions. Also the signup page says it's by invitation only at this time, and when I put in my email they just put me on a waiting list.

Interactive Brokers is close to that pricing, especially if you add liquidity. 

TravelerMSY said:   Ha. Most of their customers long positions will be expiring worthless anyway
  They actually promote shorting options for premiums.  Instead of waiting for expiration you can close it at $0.05 or less for no commissions.  

Interesting business model with the zero closing fees. However, I do wonder whether they will still charge exchange fees. $1.00 per option is slightly more expensive than IB.



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