Options are risky vehicles for the novice trader. Since brokerages are responsible for covering bankrupt accounts, they are understandably careful with who trades options. In fact, you are not allowed to trade options on margin. As a result, most brokerages require you to apply for option trading privileges.

Personally, I trade on Tradier Brokerage's TradeHawk. It offers reasonable commission pricing, charging a monthly fee instead of a cost per transaction. It allows for liquid, dynamic trading.

If you wish to open an account at Tradier Brokerage, visit www.tradierbrokerage.com. I also recommend signing up for the free trial of TradeHawk to see if it fits your trading needs.