Option Spreads, Credit my Debit Message Board

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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: Aaron Weiss who wrote (185)	6/25/1998 8:49:00 PM
From: Tom K.	Read Replies (1) of 2317

Aaron... I just transferred my IRA to them as well and yesterday they sent me the latest fees.... Options: up to 30 contracts: $15 + $1.50 per contract over 30: $15 + 1.75 per contract Limit orders: $15 + $1.75 per contract. Minimum $25.00 Assignments & exercises: $19 per transaction The web site works real well for basic orders. I just became interested in spreads and that's how I came to ask how to use the web page for spreads and was told it's coming. Collateral/margin are the traditional requirements (e.g., 20% + proceeds). When you open an account you have to specify and discuss your trading intentions and they will level your account appropriately to do naked stuff. Hope that helps. Tom

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