SteadyOptions is an options trading forum where you can find solutions from top options traders. Join Us!
We’ve all been there… researching options strategies and unable to find the answers we’re looking for. SteadyOptions has your solution.
All Activity
This stream auto-updates
- Past hour
-
Are you referring to options commissions going to 0 post move to Schwab??
-
Looks like those of us on ToS will move to a zero-commission structure when accounts move to Schwab. Should be more equivalent to the package that Tradier offers. Time will tell whether fills and customer service get worse with that change, however.
-
myang started following SteadyOptions Discussions, Anchor Discussions, Unofficial Trade Ideas and and 1 other
-
myang joined the community
-
- Today
-
-
-
-
-
-
Its "capisce"
-
Likely so, unless we get a decent move higher in vol. That certainly is a possibility if rates do move sharply higher. We're still very early in the cycle, so waiting until the middle of next week, won't be giving up much if anything.
-
Hi, Just a heads up that as of a few minutes ago, the open trades post needs updating.
-
@SBatch I think you mentioned you were going to wait a bit in opening the May trade. Are you still looking at the same short? 16?
-
-
Yes, please contact them by email.
-
I contacted them and they updated my fee schedule...
-
I'll tell you exactly what I want to tell you. Capiche? If I want to tell you to make a better trade then I will. What? You feeling a little butt hurt today?! A trader needs thicker skin than that! LOL!!
-
I keep hearing about how Tradier has lower commissions on VIX now, but the trades I've placed since it was announced on SO have been charged the same commissions as before. Are you supposed to contact them to get the lower commissions or it was only for new accounts?
-
Great, it's a moot point as far a you're concerned. Everyone else doesn't matter, right? Now that you're here, the rest of the subscriber base which has been here way longer than you is moot. Profits have ranged between 25%-50% depending upon broker, which you would know if you didn't just waltz in here running your mouth. Don't tell me to make a better trade. This is your one warning on this type of post. One more and your subscription will be revoked and you will be refunded.
-
Yes, but as mentioned before,some things will work better for the traders with access to things in the US that we don't have access to in Canada. Therefore, a moot point as far as I'm concerned. Yes businesses aim to reduce costs but if your hands are tied by circumstance then you do the best you can. If profits on a trade are going to be so small that commissions play a big part in eating them up then make a better trade.
-
-
-
Very true. But at the same time, every business aims to reduce the costs. Finding a broker with commissions as low as possible is part of the business.
-
Commissions are part of the trade management. Anyone using IB for example, is giving away about half of the profits completely unnecessarily. It's clearly important.
-
Trading is a business. Commissions are a cost of doing business. We should be focusing on trade management, not commissions lol.
-
https://steadyoptions.com/forums/forum/topic/3318-tradier-brokerage-special-offer/
-
Tradier only works for US clients?
-
Honestly, I don't really understand why people don't switch to Tradier. Zero commissions, one of the lowest VIX fees, excellent customer service, competitive execution etc. If I wasn't in Canada, I would switch a long time ago.
-
I think I will need to look at other options, like Tradier.
-
Looks like it, yes. Why not to try Tradier?
-
Well I looked at Tastytrade's site a little more. It looks like the $.65 per contract for trading the VIX is both directions, plus you still have to pay the $1 per contract with a $10 max per leg. I'm thinking they aren't the best solution for higher contracts trades with the VIX.
-
Thanks for the fee list Kim. I guess I missed that part. You wouldn't know if that $.65 per contract is only for opening, or if it's for both opening and closing?
-
https://tastytrade.com/commissions-and-fees/
-
I use Tastytrade as well. Unfortunately their $10 max does not apply to VIX - you will pay $1 commission for every VIX position you open. Overall they are pretty expensive for this system, but I am using them for convenience right now while I consider a long term alternative. It's still a profitable system though.