"indirectly good for passive stock investors (and buy-write traders)" - PorkBellies
February 27, 2013 4:16 PM
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been digging deeper into this broker for a while
great fees for stock trading and option exercises, most broker rape you when you exercise an option or are exercised on an option you wrote, but these guys just treat it as a regular stock trade
I would have rated their range of services as lower, but I mean their name is OptionsHouse so I guess you can't really expect them to offer a wide range of services besides stocks and options. Overall though I have enjoyed using them. Their rates are amazing. Trading anything over 10 contracts is a huge savings compared to most places. 100 contracts is less than $25 total.
I have been with them for about a year and a half. They work well for me which is buy and hold stocks, selling cash secured puts and the occasional covered call.