StockFetcher Forums · General Discussion · OptionsHouse<< >>Post Follow-up
karennma
8,057 posts
msg #83670
Ignore karennma
modified
12/1/2009 11:05:00 AM

Now only charging $2.50 for stock trades.
But they're charging 0.15 cents Xtra per contract on options.


machismo
115 posts
msg #83674
Ignore machismo
12/1/2009 11:29:19 AM

$10.95 flat option rate was pretty good.

trendscanner
265 posts
msg #83676
Ignore trendscanner
12/1/2009 11:54:18 AM

They have several new pricing structures. Instead of $9.95 flat rate for options, they are offering $8.50 flat rate plus 0.15 per contract. So for 10 contracts it would be about the same as the previous rate. For more than 10 contracts, it would be more than the previous flat rate of 9.95.

Another choice is up to 5 contracts for $5 flat rate rather than $9.95.

Overall, these changes appear to favor those who trade a smaller number of contracts, which would include me.

$2.95 is a good rate for a stock trade.

machismo
115 posts
msg #83682
Ignore machismo
12/1/2009 12:56:47 PM

For stocks priced $2.00 or less that are not options eligible, add $0.005 per share for the entire order.

so some of the small cap stocks without options attached can become a pricey trade. I sure would like flat $9.95 options to stay..

StockFetcher Forums · General Discussion · OptionsHouse<< >>Post Follow-up

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