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Maverick74
 

Registered: Mar 2002
Posts: 17364

 

08-10-12 08:23 PM


Quote from rocky_raccoon:

How do you negotiate with a broker (TOS or any other)? I tried to chat with TD Ameritrade rep just to see how far I could go and I asked them to match OptionsHouse promotion. They did not want to do that.
Is there a "secret" negotiation technique?



Are you doing any kind of volume? Have a large account?

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webicknell
 

Registered: Mar 2012
Posts: 59

 

08-10-12 08:31 PM

I have a 6 figure account for trading options, currently with OH as well.
I provided TOS/TDAmeritrade with a copy of my statement justifying my option contract volumes... They did come off their listed fees, but not enough to make it worthwhile for me to make a move.
I hear good things about TOS, but the pricing is too high.
Pricing at IB is better then OH, but I hear less then glowing reviews about their platform and service.

I am happy with OH and will remain for now.

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rocky_raccoon
 

Registered: Mar 2012
Posts: 138

 

08-13-12 03:12 PM


Quote from webicknell:


I am happy with OH and will remain for now.



How do you like OH in general? Have you experienced any problems similar to what people describe here:
http://moneyning.com/review/options...eview/#comments

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webicknell
 

Registered: Mar 2012
Posts: 59

 

08-13-12 03:37 PM


Quote from rocky_raccoon:

How do you like OH in general? Have you experienced any problems similar to what people describe here:
http://moneyning.com/review/options...eview/#comments



Interesting remarks on OH.. many are negative.
On several ocasions, I have noticed a change in my Account Value during the night... Their explanation was an alignment with their Clearing House... They indicated that they will be coming out with a undate to their system to correct this.
On the issues about OH executing transactions related to "alledged" margin call instances, I cannot speak to this. I try to keep my trades rather Conservative and have not come close to a Margin Call.
I continue to keep my eyes open for other brokers, but as of today, I have not reason to move from OH.
I have, and will continue to look at IB, but it is their platform that is keeping me away. OH platform is not fancy, but it gives me what I need. I track the progress of my credit spreads on a different site.

Hope this helps

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rocky_raccoon
 

Registered: Mar 2012
Posts: 138

 

08-13-12 04:01 PM

@webicknell:

Does OH platform allow for position grouping similar to tradeMONSTER?
I played with their demo account but could not find the way to show combinations instead of single options.

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webicknell
 

Registered: Mar 2012
Posts: 59

 

08-13-12 06:10 PM


Quote from rocky_raccoon:

@webicknell:

Does OH platform allow for position grouping similar to tradeMONSTER?
I played with their demo account but could not find the way to show combinations instead of single options.



Not sure of the "grouping" capabilities with tradeMonster, but OH does not have this to my satisfaction.
All are grouped by expiration date and strike price...
So if I have 5 RUT 880 Sept Calls in a credit spread, 5 of the same in a Calendar, and anther 5 in Double Diagonal... it will show 15 RUT 880 Sept Calls... I do not have the ability to group and track the progress of each of my trades...
I use another service to track the individual tades I enter.... wish OH could handle it all.

Hope that helps

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