Un sustainable fees!

Discussion in 'Options' started by wxytrader, Aug 16, 2024.

  1. poopy

    poopy


    RUOK?
     
    #21     Aug 16, 2024
  2. Steve777

    Steve777

    Maybe trading isn't for you then
     
    #22     Aug 16, 2024
  3. poopy

    poopy

    bundled/unbundled.
     
    #23     Aug 16, 2024
  4. You're ok with paying 1.25 per contract? Its not a big deal if you're trading 1 lots lol. D is paying 0.15... is trading not for him either? I will only be placing options trades on IBKR going forward.
     
    #24     Aug 16, 2024
  5. poopy

    poopy

    I pay 0.09 when I add liq.
     
    #25     Aug 16, 2024
    wxytrader likes this.
  6. Steve777

    Steve777

    No it's a pretty big amount. Well I only trade options. I have no idea how you day trader guys do it
     
    #26     Aug 17, 2024
  7. taowave

    taowave

    I left IB for the very same reasons..

    I was paying 6 bucks per fly,each way.Not all the time,but enough...

    Im at TOS/Schwab and Im paying close to what Poopster is paying.

    Trading flys /1x3x2's at at IB numbers was/is prohibitive.





     
    #27     Aug 17, 2024
  8. Yeah but in Canada IB is the best and only option afaik where you can get .15-.65 depending instead of 1.25. I was able to get .75 with TD when it was TOS.
     
    #28     Aug 17, 2024
  9. poopy

    poopy

    Well, I am paying only exch and regulatory. Schwab is still a hard floor at $0.2 +reg/exchange.
     
    #29     Aug 17, 2024
  10. mervyn

    mervyn

    you claimed that you paid 15 cents commission on option trades, and gave a ib schedule. i am saying that only option premium is less than 5 cents can qualify the lowest tier commission, which is still more than 15 cents. for 5 cents premium, $5 gross, it is way out of money and not even a trading strategy.
     
    #30     Aug 17, 2024