I've recently begun using options to hedge and my current broker charges me a flat rate + $1 per contract. So I can incur $32 in commissions just to buy and sell one contract. I've just looked at IB for options prices and they state $1 per contract and I've looked all over the place for a minimum of some sort. Is it true that I can buy and sell 1 contract for $2 round trip? Seems to good to be true so I've got to be missing something.