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


To: FIFO_kid2 who wrote (32)2/23/2021 12:28:41 PM
From: petal  Respond to of 249
 
My frustration is the clunkiness of Ameritrade's website that isn't really conducive to handling options. It took me too long of time to exercise a put option that I sold that was in the money. As a result I missed out on converting the PLTR 24s. I was only able to exercise the 24 1/2s. As I write PLTR is 26.75.
Interesting to hear what problems may arise with the actual trading too, beforehand. I can't understand why brokers can't be good at both stocks and options trading. Seems stock brokers are maybe poorer at options than option brokers are at stocks. Probably a good idea for most everyone to have at least two brokers, for these different purposes (or only use an 'options broker' since they should be able to handle stocks too?)

Yesterday I was surprised to see NXE 2.5 puts at a .30 premium (12% return) with only a 87 day holding period with a stock price at $4 that I wouldn't at all mind owning the best uranium project in the world at that strike price should it be exercised.
Interesting; was just looking casually at uranium – might take a look at those, if the "offer still stands" when my account is up and running!