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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: Girish Patel who wrote (319)12/28/1999 10:06:00 PM
From: taxman  Respond to of 8096
 
"shortcomings with Schwab"

but it seems almost all new investors use them. they are great marketing people.

regards



To: Girish Patel who wrote (319)12/28/1999 11:37:00 PM
From: Labrador  Read Replies (1) | Respond to of 8096
 
>>. They would execute a 10-contract order one-by one and charge me commission on each execution! So I moved all my accounts out of Schwab and into Dreyfus<<

Check again -- they prorate the commissions for partially filled orders -- I think that Schwab's system is very good.



To: Girish Patel who wrote (319)12/29/1999 8:22:00 AM
From: Jill  Read Replies (1) | Respond to of 8096
 
I just checked with Fidelity. If I trade options on the web it's $20 trade plus $1.75 per contract. If I trade with a broker it's $25, plus $1.75. The minimum is $27. No negotiation.

I already use dreyfus' options chain, even though I'm not a customer. The problem with switching accounts is when to do it, of course, since you're out of commission <g> during that time.

Jill


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