What % of your P&L is going to commissions?

Discussion in 'Options' started by Bekim, Aug 10, 2018.

  1. Bekim

    Bekim

    I was wondering for those that trade 4 legged spreads on equity options, what percentage of your P&L is going to commissions. For me its about 20%, thanks
     
  2. Robert Morse

    Robert Morse Sponsor

    What is your rate?
     
  3. Bekim

    Bekim

    $12.50 ticket fee plus .15 per contract plus fees
     
    Last edited: Aug 10, 2018
  4. SmallFry

    SmallFry

    From personal experience with a similar commission rate/structure before: You won't make money.
     
    TheBigShort likes this.
  5. +1
     
  6. Bekim

    Bekim

    No, I do make money, more so on larger orders
     
  7. John9999

    John9999

    trade less.. hold positions longer.. that will greatly reduce your trading costs
     
    ET180 likes this.
  8. Bekim

    Bekim

    Ok I appreciate everyone’s answers but I was really just looking for an answer to the original question.
     
    Barz likes this.
  9. nickynoes

    nickynoes

    I think the answers you would get would not be very useful to you since they would be very subjective and differ greatly depending on those traders particular trading styles.

    Instead if you want to reduce the cost of trading go compare rates of brokers and find one which will be suitable for your trading style.
     
    777 likes this.
  10. SmallFry

    SmallFry

    It can work with larger orders, but inefficient none the less.

    To answer your question: roundtrip around 1-2% of profits assuming 1:1 risk to reward.
     
    Last edited: Aug 10, 2018
    #10     Aug 10, 2018