Cheap Option Commission (controversy free version)

Discussion in 'Options' started by Option Trader, Dec 19, 2005.

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  1. Because of the almost comical exchange of messages in the thread "Cheap Option Commissions", I thought to start a new and sterile replacement thread, starting with copying over some of the worthy-to-note communications.

    My own message was:

    "No broker is publicizing a rate of below $.75 per contract, nor would they want anyone broadcasting this, as 98% of their customers don't mind paying more.

    Rates of below $.75 are made by limited brokers to limited customers. I have found 4 brokers since my posting in October
    who would offer such rates--each one
    http://www.elitetrader.com/vb/showthread.php?threadid=56440&goto=newpost --

    I would give this information only to someone who does over 1,000 contracts per month, and only by phone--i.e. PM to exchange phone numbers.

    P.s. Disclaimer: If you use the company I mentioned in the October posting, I would get an indirect personal benefit (so I paid Elite Trader $500 last month); otherwise, I would ask if you allow a broker friend of mine to refer the account, and they would get the benefit."
     
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