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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Ken R who wrote (4816)	3/11/2007 5:09:31 PM
From: Jerome	of 5205

>>contact my broker (SmithBarney) about fees. For July 42.50"s at a dollar, I was quoted $31 for one contract and $70 for five contracts. <<< I think your broker makes money the old fashioned way, by rippin' their clients. Why pay for advice that you are not getting? A reasonable option fee fo one contract would be $6.00 to $15.00 and for five contract the exact same fee. Just my opinion.....Jerome

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