What are the costs (fees & other expenses) to buy a Call on Apple to expire in February 2013?Thanks in advance.
Dralan,This all depends on what your broker charges you for commission and fees. You will usually pay the normal trade commission: $5-$10 and then pay an additional amount per contract purchased. For example, in my case I pay $5.95 per trade and .75 cents for each contract purchased. This applies whether I buy to open or sell to open.Each broker will vary but the above will be about the same across all the low-cost brokers.The actual cost of the option will also vary on what strike you decide to purchase. A Feb $600 strike has a bid/ask of $15-$15.20. Shooting for the middle, you will pay about $1510, plus the commission for 1 call contract.Hope this helps.Foolishly,Phil
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