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

To: dealmakr who wrote (186)	6/25/1998 8:51:00 PM
From: ccportfolio	Read Replies (1) \| Respond to of 2317

I checked into Ameritrade, which as far as I can tell is the only broker which will currently allow you to make spread trades over the internet... A trade consisting of 12 options would be a commission of only 41.40 or there abouts... E*trade requires going through a broker which adds an additional $15.00 on top of the minimum which would be close to Ameritrade's rates...but cannot be done online. Wall Street Access that sells itself as a discount broker specializing in options trades would be around $160.00 for the same trade. Ouch.