Options involve risk and are not suitable for all investors. Please read "Characteristics and Risks of Standardized Options" or available by calling (888) 280-8020. Multi-leg option strategies are subject to multiple commissions. Profits may be eroded by the commission expended to open and close the positions and other risks apply.

¹ For qualified Active Trader spreads that contain a grand total of 10 contracts or less across all legs, the rate is $12.95. For qualified Active Trader spreads that contain a grand total of 11 or more contacts across all legs, the rate is $1.25 per contract. For accounts that do not have the Active Trader rate, the spread commission is $1.50 per contract, with a minimum commission of $14.95.

² Direct quotes are indications of interest retrieved directly from exchange liquidity providers and represent quotes with a potential for discount beyond a combination of single leg quotes on spreads; direct quotes are not firm and may be subject to limitations.

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Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, volume and other factors. An investor should understand these and additional risks before trading.