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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?


To: KFE who wrote (1541)7/22/2000 2:46:44 PM
From: KFE  Respond to of 2317
 
This is table from previous post.

Contracts**
Web address Basic* Strategies Spread Straddle Minimum Commission 10 20 50 Exercises
www.abwatley.com Yes No No $35.00 $47.50 $70.00 $117.50 $9.95
www.accutrade.com Yes Yes Yes 35.00 65.00 70.00 150.00 29.95
www.ameritrade.com Yes Yes Yes 29.00 38.25 54.00 101.25 18.00
www.brownco.com Yes No No 25.00 30.00 45.00 102.50 19.00
www.dljdirect.com Yes No No n/a 52.50 70.00 122.50 20.00
www.etrade.com Yes No No 29.00 37.50 55.00 107.50 19.95
www.firstrade.com Yes No No 24.95 37.50 55.00 107.50 29.95
www.jboxford.com Yes No No 35.00 62.50 90.00 172.50 19.50
www.msdw.com Yes No No 37.25 54.75 72.25 124.75 34-100
www.siebertnet.com Yes No No 34.00 67.50 94.50 162.00 14.95
www.mydiscountbroker.com Yes No No 12.00 32.00 52.00 112.00 12.00
www.ndb.com Yes No No 29.00 37.50 55.00 107.50 25.00
www.schwab.com Yes Yes Yes 39.00 43.80 57.80 99.80 29.95
www.scottrade.com Yes No No 20.00 36.00 52.00 100.00 12.00
www.suretrade.com Yes Yes Yes 28.95 37.00 54.00 105.00 34.95
www.wallstreetaccess.com Yes Yes Yes 25.00 45.00 65.00 125.00 25.00
www.wallstreete.com Yes Yes Yes 27.50 50.00 75.00 125.00 25.00
www.waterhouse.com Yes No No 28.13 57.15 95.40 203.40 12.00
www.webstreet.com Yes No No 16.70 32.45 49.95 102.45 14.95
www.mytrack.com Yes No No 25.00 35.50 53.00 105.50 12.95
www.interactivebrokers.com Yes Yes Yes n/a 19.50 39.00 97.50 $1/Option



To: KFE who wrote (1541)7/22/2000 2:56:22 PM
From: jjs_ynot  Read Replies (1) | Respond to of 2317
 
Ken,

Do they say anything about margins?

Margins can be as variable as commission rates.

Thanks for posting the article.

Regards,

Dave



To: KFE who wrote (1541)7/22/2000 5:53:40 PM
From: OX  Read Replies (1) | Respond to of 2317
 
thanks for posting Ken.

I found the following particularly funny... (my emphasis)

"Schwab allows complex options strategies to be put in place online, but you must first prove yourself worthy and obtain prior authorization..."

I didn't realize Schwab did that.
Also, I didn't realize till I started trading 'advanced' options online w/ Schwab that their software won't let you do ratio spreads online. so many little "gotchas".