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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (18383)	5/12/1998 10:56:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (1) of 94695

Barbara NO LOW COMMISSION ON OPTIONS it sucks but I had too many problem with places like Pacific Brokerage... BUT the base price of the commission stays the same so I can buy ten times during the day and just pay for the per contract charge (after the initial base) which is 27 on the net for me... and then 1.25 a contract and a 10% discount off of that... so 27 dollars and then 1.13 for every contract traded... (more or less..there is some variation to that) and same on the sell side... you dont make HUGE amounts of money...but it reduces the cost of the June 1110 put and since I am sitting here all day long watching the market..i might as well do something...even if it is only 200 dollars... the trick is being flat before it tanks...but even if I am not..I am not going to lose money because it is a horizontal spread...(i think that is the term)

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