Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Spots who wrote (454)	7/2/1998 5:56:00 PM
From: El Diablo	Read Replies (1) \| Respond to of 7382

Cool thread guys. I'm also doing evaluation of MB Trading, Livetrade.com, and a couple others. A few questions for those currently using options with MB: -Anyone trading naked puts/calls? -What's the execution like? -How are real-time quotes? -For the price breaks, is that 20 contracts or 20 options trades? I must admit, I'm leaning towards the MB System if Options are even close to what I expect. Yo soy El Diablo

To: Spots who wrote (454)	7/2/1998 6:06:00 PM
From: Mark Z	Read Replies (1) \| Respond to of 7382

Yes, real-time, streaming option quotes are available but you have to register for options trading (i.e. complete the OPRA paperwork) before they turn them on for you. The more questions I ask, the more I'm sensing that if you're doing anything other than trading options for 'speculative' purposes, you probably don't want to do that w/MBT. I.e. covered writing, spreads, etc. do that elsewhere. While you can probably do anything at MBT, for now the procedures are sufficiently cumbersome that you'd want an account elsewhere for that type of trading. Just my opinion... FWIW, I, too, am not really a 'day trader'. I've signed on w/MBT simply because I can get fast executions and I'll bet I can make back the $300/month because I'll be able to get into/out of trades that I simply couldn't do w/my other brokers due to the delays between the time I place an order & the time they get it out on the market. I can also trade at the open and close which I simply cannot do w/my other brokers because they need so much time to process orders. I literally just started w/MBT so we shall see how it goes.