selling options with no margin requirement?

Discussion in 'Options' started by newguy05, Mar 9, 2008.

  1. are you sure that's normal commission? i just tried the same spread on IB for april, and the commision is only $36 vs $260 optionsxpress charges!

    ES Vertical Spread (1) ESJ8 P1270 (1) ESJ8 P1250 DAY SELL 10

    commission 36.20 USD
     
    #11     Mar 19, 2008
  2. lar

    lar

    I use 5PerSide. I pay about 6 bucks a side after all is said and done.
     
    #12     Mar 19, 2008
  3. As I said, commission on electronically traded options would be lower at IB as you ca n see. If you want pit traded options, the last time I checked, IB won't do it, and others like optionsxpress will charge higher. In that case, 5perside is the best (except NYME options which are at a higher rate) As I said, the online ordering is no so good, but you can always call the trade desk and they take the order or guide you how to enter it.
     
    #13     Mar 25, 2008