Advice with buying puts

Discussion in 'Retail Brokers' started by Mecro, Aug 27, 2003.

  1. Mecro


    Hey everyone,

    I just want to buy one put contract ASAP. Whats the easiest way to do that. Which retail firm will quickly process an application and take a wire transfer. A $1,000 initial is fine, but I do not want to deal with any minimum orders.

  2. omcate


    I would try Interactive Brokers or OptionsXpress. However, since the latter has a minimum commission of $15 per option trade($13 for active traders), and your account is likely to be small($1,000), I guess IB may be better for you($1 per contract).