Wednesday, February 3, 2010

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

 

Did you see the other member talking about eOptions which is $3.00 per ticket plus $0.10 per contract.
 
So 10 ICs would be $3.00 + (40 x 0.10) =  $7.00  (versus $60 at TOS at $1.50/contract) -- huge savings!


From: OptionClub@yahoogroups.com [mailto:OptionClub@yahoogroups.com] On Behalf Of leobusc
Sent: Wednesday, February 03, 2010 4:33 PM
To: OptionClub@yahoogroups.com
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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