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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: chic_hearne who wrote (108305)4/28/2000 4:05:00 PM
From: TimF  Respond to of 1570895
 
RE: I think commisions are irrelevant. Say you save $5 per trade by going with one broker over another, to make up for a few good
fills (see above) you would have to make 125 trades. An 1/8th of a point on 1000 shares is $125. I think it's far more important
to have a broker that gives you good fills. Also, if you don't trade that often, customer service is important.

Your right but without actually opening several accounts and doing a lot of options trading on all of them how am I to know who has good fills?

Tim



To: chic_hearne who wrote (108305)4/28/2000 4:14:00 PM
From: Kenith Lee  Respond to of 1570895
 
Option commissions are way too expensive. An 100 contract is $280 per side. A 10,000 share (2 orders of 5,000 each) costs only $24 in commission. For options, there is usually an 3/8 spread in option. The stock has to move $1-2 during the day in order to break even. I have yet found any brokerage that will offer low commission and quick fills.


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