Index options
Trade index options.
At fees that stay small.
At $0.38–$0.54 per contract you can run defined-risk strategies across the broadest indices on the tape — including MXI, MXM, VLT and CBX.
everline active trading
Institutional-grade tooling, zero commissions,1 and a rebate on every contract you trade.
| Strike | Breakeven | To breakeven | 1D change | Ask |
|---|---|---|---|---|
| $59.00 | $60.31 | +6.82% | +12.74% | $1.24 |
| $155.00 | $154.27 | −1.18% | −24.06% | $0.71 |
| $152.50 | $152.36 | −2.41% | −36.14% | $0.19 |
| $150.00 | $149.88 | −4.06% | −45.32% | $0.08 |
| $147.50 | $147.41 | +2.18% | +9.61% | $0.44 |
| $145.00 | $144.86 | +3.77% | +14.28% | $0.92 |
Rebates
On Everline you collect $0.07–$0.21 for each stock or ETF options contract you trade, and the rate climbs as your monthly volume grows.
up to 1,199 stock and ETF contracts
1,200–5,499 stock and most ETF contracts
5,500–11,999 stock and most ETF contracts
12,000+ stock and most ETF contracts
*An adjusted rebate applies to broad-index contracts and to everything routed through the API. Traders in Tiers 1–3 earn $0.07 per API contract, while Tier 4 earns $0.11 per contract.
Index options
At $0.38–$0.54 per contract you can run defined-risk strategies across the broadest indices on the tape — including MXI, MXM, VLT and CBX.
Margin
Level 3+ traders enrolled in margin investing can unlock advanced strategies at some of the lowest borrow rates on the street.
Everline is the only brokerage running an options rebate program, built to pull your per-contract cost below what the rest of the street charges.
Competitor pricing was taken from published fee schedules on 06/12/2025 and excludes promotional rates. Figures above are an approximation, are subject to change, and may vary with monthly contract volume and contract price. See full terms for enrolling in Everline options rebates at everline.com/disclosures/rebate-terms
Pull real-time market data, route orders programmatically, and keep collecting rebates on every stock and ETF contract you fill.
Options reprice in seconds. Everline lets you act without waiting on settlement, on infrastructure that stays up when volume spikes.
Options Hub
The Options Hub surfaces live activity on the most heavily traded contracts, so you can see where flow is concentrating.
| Asset | Strike | Exp. | Asset price | 1D change | Ask |
|---|---|---|---|---|---|
| ORCA | $150.00 | Jun 16 | $90.40 | +55.42% | $0.14 |
| BLYN | $35.00 | Apr 17 | $36.27 | +46.83% | $1.66 |
| DVOT | $120.00 | May 22 | $100.57 | −64.71% | $1.27 |
| STRN | $29.00 | Apr 21 | $27.24 | +10.06% | $0.11 |
Customizable chain
Pick only the metrics you actually read, then order them the way your eye already scans the chain.
Strategy builder
Turn a market view into a trade. The builder helps you pick a structure, then size each leg against the thesis you started with.
ORCA is at $194.26
Queue
Line up every order in one place, adjust against live prices, then release them together when the setup arrives.
Rolling options
Roll the expiration or strike of an open position in a couple of taps when your read on the market shifts, not your conviction.
ORCA is at $142.18
Digital asset funds
Want the price action without the custody? Trade options on Bitcoin-linked funds and more — no wallet, no seed phrase, no self-custody.
Everline charges no commissions and no per-contract fees on stock and ETF options trades. You also earn a rebate on every eligible contract. Your rebate tier is set by the number of contracts you trade each month; reach a higher tier and you keep that rate for the rest of the current month plus all of the next one, after which the tier resets to your original level.
| Asset | Strike | Exp. | Asset price | 1D change | Ask |
|---|---|---|---|---|---|
| PNDL | $27.00 | May 21 | $24.57 | +8.43% | $0.06 |
| DVOT | $46.00 | Apr 16 | $46.90 | +6.41% | $0.05 |
| STRN | $35.00 | Jan 22 | $36.52 | +0.78% | $1.08 |
| ORCA | $110.00 | May 2 | $107.62 | +60.71% | $1.63 |
| BLYN | $190.00 | Mar 28 | $172.35 | +1.86% | $0.41 |
1 See the Fee Schedule for all options trading fees. Index options carry distinct features and fees that deserve careful review, including settlement, exercise, expiration, tax, and cost characteristics.
* 5.20% rate applies on margin balances of $180,000 or more. See all margin rates here.
2 Refers to zero complete outages across the previous rolling 12 months.