optionshouse: Good? Bad?

Discussion in 'Options' started by ByLoSellHi, May 11, 2008.

  1. Anyone here have an optionshouse account?

    How is their platform? Their prices are damn good.

    I'd strictly be using it for options trading, leaving equity trading to another platform.

  2. magicz


    I checked them out, its good if you like to click refresh all the time, no streaming quote. the platform is web based. if you trade more then 10 contract then it might be a good deal. I went with TOS.
  3. Tried out the platform, hated that it was strictly web based. If your doing tons of contracts every trade, more power to you, I couldn't stand it though.
  4. OP might want to PM Mvic, I think he was raving about the thousands in commissions he was saving in the some thread (not an optionshouse review thread, of which there is another).
  5. I tried them and discovered that you can't trade in penny increments on SPY options when their price is => 3.20 . Also slow platform. Perhaps they'll improve in the near future.
  6. archon


  7. Thanks guys.

    I think I'll pass for now based on the feedback.
  8. hostlucky


    Even after selling the stock after 5 days, they are not making my funds available to do another trade. Its very cheap trick they are playing.

    No luck even after contacting them. They are just saying their technical team will look into it. NO ETA.

    I missed big oportunity to do another trade. I dont recommend options house.