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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: OX who wrote (11720)10/22/1999 3:46:00 PM
From: Herm  Read Replies (4) of 14162
 
Hey Ox,

Thanks for that come back. I checked out Preferred and I'm impressed with the options order entry system where you can stage the trade and then obtain quotes from the different exchanges for the best price to send. Real nice feature! The commission prices are very reasonable. $7.00+ for stocks is fantastic. Hummmm? Not bad! $5,000 min. for opening margin accounts. Do they require more if you want to trade options spreads with covered calls?

Can anyone comment on AmeriTrade or Fidelity as far as staged order placements and the ability to write or leg into LEAP spreads online?

Thanks again Ox!
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