Trade Options at RBC Direct Investing

“Opportunities for Savvy Investors”

If you’re an experienced investor, options can provide flexibility and leverage that may allow you to profit through the volatility of a stock price, lock in market gains, protect against losses and generate income on your stock holdings.

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Benefits of Investing in Options With Us

Low Commissions

Pay only $6.95 or $9.95,¹ depending on how often you trade, plus $1.25 per contract²

Practice Accounts

Trade options risk-free with a Practice Account before you invest real money.

How Options Work

Options, also known as derivatives, are contracts that generally give you the right to buy or sell an underlying asset at a certain price on or before a specified date. Like stocks, many options trade on an exchange and are subject to defined terms and properties.

“What Options Strategies Does RBC Direct Investing Allow?”

You can purchase call options or put options, write covered calls and, with special exception, write naked puts. Additional spread strategies are not allowed.

Read Related FAQs

“I want to practice trading options first.”

Use a Practice Account to buy and sell options, risk-free. You’ll have the same online experience as with a real account, without using actual money.

Practice Accounts

“I have questions. Can I talk to someone?”

Absolutely. We’re available Monday – Friday from 7 am to 8 pm ET.³ Call us toll–free at: 1-800-769-2560

Investment Services Representative

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Legal Disclaimer 1)

All RBC Direct Investing clients pay $9.95 flat CDN or U.S. per equity trade with no minimum account balance or trading activity required. $6.95 flat CDN or U.S. per equity trade when you trade 150 times or more per quarter. This pricing only applies to trades placed through an available Automated Service (as such term is defined in RBC Direct Investing’s Operation of Account Agreement), including the online investing site and mobile application. Additional terms and conditions apply. Visit the Pricing page or call 1-800-769-2560 for complete details.

Legal Disclaimer 2)

For option assignments and exercises the investment services representative equity rates apply.

Legal Disclaimer 3)

Hours may differ on holidays.