Option Brokerage

For option trading
Reliance Money charges............Rs 00.01 per lot
Rk Global................................Rs 09.00 per lot
Geogit...................................Rs 75.00 per lot
Icici direct.............................Rs 95.00 per lot
OTHERS CHARGING 1% ON PREMIUM.
Is any other broker charges a fixed amount for option trading?
members of this forum please throw a light.
Thanks in advance.

My indiainfoline charges me 1% on premium or Rs. 100 per lot, which ever is higher.

Just a note: Reliance Money charges you on turnover. Take the Rs. 2500 option - they charge you Rs. 2500 per year for about 6 cr. turnover.

For a Nifty 5000 option - lot size is 50 so 2.5 lakh turnover happens. For this you pay 0.01 brokerage, but the amortised prepaid amount is Rs. 10.5 per Nifty lot. Obviously this changes depending on lot size and option strike price (a Nifty 6000 strike price will cost more proportionately)

On all options you will pay Turnover tax and stamp duty (about 0.005% or so?) and on the selling leg you will pay 0.017% STT.