Wednesday, January 27, 2010

Re: [TheOptionClub.com] Re: Has anyone tried this for TOS Commissions?

 

Jim,

if you are trading 'that many' contracts, couldn't you negotiate a better deal?

Thanks, gis

On Tue, Jan 26, 2010 at 5:33 PM, Jim Ranum <amt2100@gmail.com> wrote:


Didn't understand this. You asked for $1.50, and got it? Everyone gets $1.50.

I love TOS, but $60 to enter a 10 contract iron condor and another $60 if you need to sell it before expiration. If you're only getting $300 on it, that's a huge hit.

eOptions is $3.00 plus $0.10/contract. $4 vs. $60 is not "minor". Especially if all you're getting out of the trade is $200-$400.

 

JimR

 


__._,_.___
The goal of TheOptionClub is to provide a forum for members to work together for the purpose of furthering our individual understanding option trading.  All messages and postings, and any materials circulated are provided for discussion and educational purposes only.  No statement contained in any materials from TheOptionClub should be considered a recommendation to buy or sell a security or to provide investment, legal or tax advice.  All investors are encouraged to consult a qualified professional before trading in any security.  Stock and option trading involves risk and is not suitable for most people.  There is no guarantee that any information provided is accurate and, may in fact, be wrong.  It is understood that the participants in TheOptionClub have varying backgrounds and degrees of experience in option trading, and that regardless of experience each member is considered a student.  As such, any information distributed through TheOptionClub should be considered with a critical mind and not relied upon as an authoritative source.

To unsubscribe from TheOptionClub, send an email to:
OptionClub-unsubscribe@yahoogroups.com
.

__,_._,___

No comments:

Post a Comment