Yes, TradeZero presently offers single legged trading at this time.

Multi legged trading will be available in the near future.

Approvals are only provided for level 1 and level 2 trading.

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Yes, the fees related to Options trading are as follows:

Options Clearing Corp (OCC) fee - $0.055 USD per contract

Options Regulatory (ORF) fee - $0.02875 USD per contract

Options Exercise or Assignment - $35.00 USD

Options positions may be opened up to 1:59 PM ET on the day of expiration.

To minimize risk we may close option positions in the last 30 minutes of trading on the day of expiration.

Positions may be sold out for the following reasons:

Contracts are not fully held in cash (less than 100% equity).

Contracts held where the equity level is below $99.

Contracts that are in the money at 3:30 PM ET on the expiration date.

Yes, options trading is available in the ZeroFree and ZeroPro demo.

Options markets operate between 9:30 AM - 4:00 PM ET (4:15 PM ET for some index options) Monday - Friday. Prior to or after certain holidays, the options market hours are 9:30 AM - 4:00 PM ET (4:15 PM ET for some index options).

Options Trading