WTF, closing out options now charges commissions?

Discussion in 'Interactive Brokers' started by IndyJonerJr, Aug 17, 2020.

  1. HI guys,

    can anyone confirm, As I never look at my commissions charges.. for as long as I knew, any options being "bought to close" at .1 cent was always never charged commissions.. and I just looked at a trade and noticed I'm now being charged "regular" commissions to close out short options positions!!! ???

    I'm upset right now as that's costing me another 1k a week they are getting from me....
     
  2. JSOP

    JSOP

    Which broker is this? I know that some brokers do offer to waive commissions for closing of short option positions below a certain price level but not all brokers.
     
  3. taowave

    taowave

    TOS doesn't charge for options .05 or less
     
  4. guru

    guru

    This is in Interactive Brokers forum.
    I don’t think they distinguish any trades “to close”, so we pay per trade. I don’t recall ever not paying commissions, though occasionally they can be negative/credit.
     
    jys78 likes this.
  5. Yeah they charge 25 cents for trading options with premiums under 5 cents iirc.