Does anyone know any platforms that have Level 2 for Options? I currently use Options House and I love it but I wish there was Level 2 to trade from. I seen Fidelity Active Pro has it but their fees are $7.95 + .75 for options that's a lot more than I'm paying currently with Options House. Does anyone know any other platforms that has Level 2 access with a better rate?
Not for the ultra low discount Option Brokers because they cost over $200+ for exchange and depth fees. So the answer to your question is No, unless your willing to part with money for the luxury of OPRA LL2 Fees.
Unless you are a market maker, what exactly do you need these for? Given that most of the price movement is due to delta, all you really get is quick-turnover layers of HFMM orders.
For people who trade the Weeklies actively I do not know how you can trade effectively without seeing the Stock and Option Depth by having both Montages up. Someone was asking about Level 3 which is used by Market Makers to change their Markets in the past but with HFTS those days are gone. I wish you good luck and wealth, with Etrade buying Option House are you going to stay around to see if they change your commission rate to $7.95+$.75 per contract versus your $8+$.15 or $1.00 per ticket depending on which agreement you have. For Swing Traders I agree there is not much of a need for OPRA Level 2 paying all that extra commission and contract fees.