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Options trading has become one of the most popular ways of trading, allowing traders to make gains or profits from assets they choose to invest or trade. There are at least 16 exchanges in the US right now where you can trade options. Options trading is growing by leaps and bounds. A CBOE report said that in 2022, the total volume of US options hit 10.32 billion contracts, up 4.6% from 2021 (numbers for 2023 are not out yet). And this was despite a bear market.
While this sounds great, trading options come with their own costs. If you are unaware, these costs could often eat into a large chunk of your earnings. You must be very careful when choosing a broker for your options trading. Good options brokers offer low contract fees, low commissions, quality trading, and research tools. One such broker is www.public.com.
Public.com tries to simplify options trading. More importantly, it is making it significantly cheaper with a first-of-its-kind move. The platform is the first in the trading industry to share 50% of its options revenue directly with users, ensuring transparency.
Customers who activate options trading on Public.com by March 31 will get a cash rebate for each trade worth 50% of Public’s revenue. Right now, it’s an 18 cents-per-contract payout. There’s no charge for users for every contract. However, they will pay a regulatory fee of 2 cents per contract. Click here to activate this offer before March 31st.
Public.com Options Trading Review
Public.com Options Trading Review 2024
Great For Beginners
Public.com simplifies the process of constructing a diversified investment portfolio, eliminating the need for multiple broker accounts. Public.com boasts an expanding array of asset classes, providing investors with seamless access to both conventional and unconventional assets—all from a unified trading interface.
You can create diverse portfolios encompassing stocks, options, bonds, ETFs, T-Bills, crypto, and alternative assets such as collectibles, fine art, and music royalties. Public.com recently rolled out a high-yield cash account with a competitive 5.1% APY. There are no subscription requirements or minimum balance prerequisites for earning the APY, and you can make unlimited transfers and withdrawals. Further enhancing its appeal, Public.com collaborates with 20 FDIC-insured banks, ensuring users benefit from up to $5 million in combined coverage.
Public.com is perhaps the first mobile-only broker that lets you invest in T-Bills. The company also has launched Alpha, an AI powered fundamental data and analysis tool. You’re able to ask any question about any stock, analyze assets in great detail, and get real-time investment context.
Public.com aims to make the whole options trading process more transparent and cheaper for traders. Apart from this unique rebate feature, Public.com enables traders to use different tools and features to navigate the options trading industry, understand and build profitable strategies, and increase profitable outcomes. The investment platform uses innovation and technology to help traders build a multi-asset portfolio quickly, securely, and without friction.
Features
A Suite of Research and Technical Tools: Public.com offers users a sophisticated suite of research and technical tools to explore various markets and gather the necessary information to build appropriate strategies in a riskier investment environment.
Comprehensive Strategy Builder: The comprehensive strategy builder tool on the platform helps users build options strategies and plan single or multi-leg strategies to increase the probabilities of a profitable trade. Users can have a better outlook on stock and visualize future outcomes through the tool, from fundamental strategies that include long calls, long puts, and covered calls to straddles and strangles, vertical spreads, calendar spreads, etc. The platform will soon include covered and multi-leg strategies as a part of their services.
Visualization and Analysis Tools: Users can also easily monitor options and stay on top of every trade through Public.com. The platform has interactive profit and loss that helps traders understand the balance between risks and rewards. The advanced charts feature helps traders analyze trades more efficiently, providing access to charts equipped with built-in technical analysis indicators to evaluate risk, volatility, and performance. The feature provides a more precise visualization of data points related to options contracts to ensure traders have critical information.
Options Hub: The Options Hub on the platform enables users to explore active traded options contracts, track earning dates, etc., all based on quantitative methodological screens.
Resource Center: Besides helping traders, Public.com educates traders and users of the platform through the variety of guides and resources available. The comprehensive library of options trading guides available covers everything from the fundamentals of options trading and strategies to advanced tactics for everyone to learn from.
Perks of Public.com
Although many investment platforms are available that enable traders to trade options, the rebate feature can be a significant game-changer. One of the biggest perks of this investment platform is that it offers traders the cheapest ways to trade options. The platform does not charge any commission fees for its services in addition to the zero pre-contract fees. Furthermore, traders who use the platform earn something back instead of paying a fee per contract. Public.com also allows traders to earn an options revenue rebate, unlike any other investment platform. The platform also has one of the lowest exchange and regulatory fees at only $0.02.
Conclusion
Options trading is considered riskier than other investment forms mainly due to their leveraged instruments, where small investments can lead to either a significant gain or a large loss. The potential for huge losses with options trading is higher than with stocks or bonds. However, through Public.com, these risks can be mitigated. The various tools and features available on the investment platform can better prepare traders for a fluctuating market and increase their chances of a profit. Interested? Activate options trading at Public here by March 31 to lock in your lifetime rebate.
This Options Discord Chat is The Real Deal
While the internet is scoured with trading chat rooms, many of which even charge upwards of thousands of dollars to join, this smaller options trading discord chatroom is the real deal and actually providing valuable trade setups, education, and community without the noise and spam of the larger more expensive rooms. With a incredibly low-cost monthly fee, Options Trading Club (click here to see their reviews) requires an application to join ensuring that every member is dedicated and serious about taking their trading to the next level. If you are looking for a change in your trading strategies, then click here to apply for a membership.