Re: [TheOptionClub.com] Which Broker Has Best Commission Structure For Iron Condors

 

www.eoption. com.  pricing is impressive.  Anyone tried their service?  Who owns them?  Is my money safe?

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From: Mr Vivek Kapil <vivekkapil@yahoo.com>
To: OptionClub@yahoogroups.com
Sent: Wed, February 3, 2010 8:10:41 PM
Subject: Re: [TheOptionClub.com] Which Broker Has Best Commission Structure For Iron Condors

 

10 ICs are 40 contracts. It would cost you 40*$1.50 = $60.00.

 

ONce again, commissions are important but do you have to do ICs or Butterflies? Learn them first before picking 40 contracts (using 4 legs).

 

eOptions is another broker. Check them out. I like TOS too but am thinking of moving my OX to eOption. www.eoption. com. A 10 contract IC would cost you there $3.00 + 40 * $0.10 = $7.00... go figure.

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From: leobusc <leobusc@yahoo. com>
To: OptionClub@yahoogro ups.com
Sent: Wed, February 3, 2010 6:32:34 PM
Subject: [TheOptionClub. com] Which Broker Has Best Commission Structure For Iron Condors

 

I love TOS and appreciate their great rates. But are there other brokers who offer better deals on Iron Condors?

At $1.50, ten ICs will cost $15.00 in and $15.00 out, and if I make adjustments it gets a bit pricey.

Does anyone buy one SPX in place of ten SPYs and then buy SPYs if adjustments are necessary?

Leo

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