SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jebj who wrote (10340)4/12/1999 11:54:00 PM
From: RDHickman  Read Replies (2) of 14162
 
jb, Yes, Mr. Stock is my Broker. Good people. Friendly. Relaxed.
I bugged them with all kinds of nit-picky questions BEFORE signing on, because I wanted to be sure I could use Leaps as a Stock Substitute and Write Conventional Calls against them. Very helpful.
No pressure. No hype.

Ordinary Equity Purchases and Options can be done on-line.
Leaps and Spreads MUST be called in at the $19.95+ price.
When you call to trade, you go to the "Options Desk".
Their primary function is OPTIONS! What a relief!

xxx
Stock Trades

Transaction Size Order Type Entry System Commission
0-5000 Shares Market Order Internet $14.95
0-5000 Shares Market Order Touch Tone $14.95
0-5000 Shares Market Order Live Broker $19.95
0-5000 Shares Limit or Stop Order All Types $19.95
Above 5000 Shares All Types All Types Addtional 1 1/2¢ per share

** Stocks priced under $1 are $19.95 per 5000 shares


Options

$19.95 per trade plus $1.75 per contract.


Mutual Funds

Fund Type Buy Sell Exchange
No Load $25 $25 $25
Load No Fee Load Only No Fee No Fee


Margin Rates

Average Debt Balance Interest Rate
$25,000 and Above 3/4% above broker's call rate
$20,000 to $24,999.99 1% above broker's call rate
$15,000 to $19,999.99 1 1/4% above broker's call rate
$10,000 to $14,999.99 1 1/2% above broker's call rate
$5,000 to $9,999.99 1 3/4% above broker's call rate
Below $5,000 2% above broker's call rate


Miscellaneous Fees

Fee For Amount
IRA No Set Up Fee.
No Annual Fee.
$50 Termination Charge.
Incoming Funds Transfer No Charge
Outgoing Funds Transfer $15
Bounced Checks $25
Accommodation Transfers $15
Legal Transfers $15
Physical DVP $15
Regulation T Extension $25
Cash/Margin Call Letters $5
Stock Certificate Handling Fee $25
Duplicate Statements $15
Document Reprinting $3
xxx

On their Website at mrstock.com
they have a second opinion feature which is interesting.
I'm comfortable with them! /Dick

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext