Trade index options on powerful trading platforms
Our award-winning platforms are powerful for traders from beginner to advanced, allowing you to trade at your fingertips via Mobile, Tablet, and Desktop.
Trade a variety of index options to diversify your investment portfolio.
Open an accountOption trading entails significant risks and is not suitable for all investors. Only eligible accounts may trade options. Investors can rapidly lose their entire investment in a short period of time and incur permanent loss beyond their initial deposit. Please read the Characteristics and Risks of Standardized Options before trading options. Regulatory and Exchange fees apply to options trades. If you want to know more details related to options trading, please go to Options Trading FAQ of Help Center.
$0.00 commission, lower contract fees. No added platform fees or account minimums.
With standard, mini, and nano contracts, choose a size that matches your investing goals.
Trade index options on a secure, fast, and reliable platform. Get instant access to markets and customize your trading with our free trading tools.
Get free Cboe Global Indices Feed data to track market changes in real-time after registration.
Trade stocks, ETFs, options, index options, and more, with one BIGEIO account.
Level up your market knowledge and learn about investing with free online courses on BIGEIO Learning Center.
Subscribe to BIGEIO Premium and enjoy exclusive benefits, including a Premium IRA Match, Reduced Margin Rates, High Cash APY, and Premium Experience
When trading index options with BIGEIO, the fee structure is different from other products. Familiarize yourself with the fees and costs of trading index options:
| Ticker | Tier Schedule | Exchange Proprietary Fee | BIGEIO Contract Fee |
|---|---|---|---|
| SPX | <$1 | $0.57 | $0.50 |
| >=$1 | $0.66 | $0.50 | |
| SPXW | <$1 | $0.50 | $0.50 |
| >=$1 | $0.59 | $0.50 |
| Tier Schedule | Exchange Fee | BIGEIO Fee |
|---|---|---|
| <=$0.10 | $0.10 | $0.50 |
| $0.11-$0.99 | $0.25 | $0.50 |
| $1-$1.99 | $0.40 | $0.50 |
| $2+ | $0.45 | $0.50 |
| Tier Schedule | Exchange Fee | BIGEIO Fee |
|---|---|---|
| <=$0.10 | $0.05 | $0.50 |
| $0.11-$0.99 | $0.17 | $0.50 |
| $1-$1.99 | $0.30 | $0.50 |
| $2+ | $0.45 | $0.50 |
| Ticker | Description | Tier Schedule | Exchange Fee | BIGEIO Fee |
|---|---|---|---|---|
| XSP | Mini-SPX Index | <10 contracts | $0.00 | $0.50 |
| >=10 contracts | $0.07 | $0.50 | ||
| DJX | Dow Jones Industrial Average | -- | $0.18 | $0.50 |
| Order Type | Premium | Exchange Fee | BIGEIO Fee |
|---|---|---|---|
| Single-Leg Order | < $25 | $0.25 | $0.50 |
| Single-Leg Order | >= $25 | $0.50 | $0.50 |
| Multi-Leg Order | < $25 | $0.50 | $0.50 |
| Multi-Leg Order | >= $25 | $0.75 | $0.50 |
VIX Priority Surcharge: For simple VIX, a priority surcharge is assessed on contracts executed electronically that are Maker and not Market Turner by $0.20 more.
Free Products: There is no exchange proprietary index options fee for Nanos, SPIKEs, and XND.
Calculation: Exchange proprietary fees will be calculated based on execution price, not average price at order entry.
* Relevant regulatory and exchange fees may apply. Please refer to our Fee Schedule for more details.
BIGEIO partnered with CBOE to provide users with the Cboe Indices Feed (CGIF), which offers real-time index values for over 400 products. Utilize real-time market data indicators to track market moves and make more informed decisions.
Our award-winning platforms are powerful for traders from beginner to advanced, allowing you to trade at your fingertips via Mobile, Tablet, and Desktop.
An index option is a financial derivative that gives the holder the right, but not the obligation, to buy or sell the value of an underlying index at a specified price before a certain expiration date. Index options are cash-settled and are typically used for hedging or speculation on the broader market.
Index options provide several benefits: portfolio diversification, hedging against market risk, potential for leveraged returns, and the ability to trade market-wide movements without selecting individual stocks. They're also cash-settled, which eliminates delivery concerns.
To place an index option trade on BIGEIO: