This is part six of the Options Series.  In this article, we will answer the question of Where to do Options Trading?

Next to active traders, there is arguably no customer more valuable to an online broker than an options trader. Options trades offer brokers much higher profit margins than stock trades, and, as a result, competition is fierce in attracting these clients. This type of market atmosphere is great for investors because with healthy competition comes product innovation and competitive pricing.

The best trading platform for options trading offers low costs, feature-rich trading tools, and robust research.  The other thing to mention is that everything is negotiable when it comes to fees.  Important things to think about are how many trades per day/week/month your plan calls for.  This will help decide which broker will suit you best.

Here is our list of the best brokers for trading options right now:

• Tastyworks – best for large number of option contracts, fees capped.
• TD Ameritrade (ToS) – best paper trading, best tools
• Interactive Brokers (more complex, but good rates), best for professionals
• Fidelity (decent platform, decent rates)
• TradeStation – low costs, great platform

Some other nice features to look for in your trading platform are: education options, real-time streaming data, viewable Greeks, quick analysis of trades, P&L charts, Probability Analysis, Rolling Position integration, strategy groupings, and customizable screeners.

Schedule a FREE consultation and figure out if Options are right for YOU!  Click HERE

Check out this link from Investopedia if you want even more details on Options.