Close short options for free1
Using the Dime Buyback Program
- Automatically starts when you buy-to-close for 10¢ or less
- Applies to the qualifying buyback legs on multi-leg spreads
- Manage your risk and pay $0 contract fees on qualified trades
Why cover your short options positions?
Using our Dime Buyback Program can help you manage and protect your capital by allowing you to sell positions that carry outsized risk to reward, commission free.
Trade more
Free up buying power to act on new market opportunities with higher reward potential
Reduce risk
Sudden or dramatic moves on short positions may make you vulnerable
Clean house
Clear out lingering short option positions in your portfolio
No contract fees
Pay no contract fees1 on single short options priced at 10¢ or less