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Kim

eOption Brokerage Special Offer

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Hello all,

 

We’re happy to share a special offer from an online broker partner of ours who specializes in options trading – eOption. Starting now, eOption is offering SteadyOptions members special pricing of $1.99 per options trade (or equity trade) plus 10₵ per options contract. There’s no end date for how long this rate lasts, it’s yours.

 

Few things to know about eOption:

  • Trading platform offers OptionsPlay, which helps users research and analyze options trades
  • Live customer service is available by phone and online chat
  • Broker-assisted trades offered for $6.00
  • Streaming news and market reports are accessible from the platform
  • Zero fees for transfer-in accounts
     

We encourage you to check them out, and if you’re interested you can sign up here. If you want to learn more about them you can visit their website at www.eoption.com, but if you sign up please use the promo code “steadyoptions” to receive the discount.

If you have any questions please feel free to ask here. 

 

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21 minutes ago, mediaboy said:

It appears the  pricing is the same as public website - available to all not just members here. 

The rate is not that competitive.  Pretty sure Tastyworks is cheaper and we know they develop the entire stack.  This looks white label to me. 

No, actually the public rate is $3 plus 15c per contract. 50% higher than SO rate.

https://www.eoption.com/rates/

 

Tastytworks is $1 per contract. Sosnoff is just much better in marketing.

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Shame they dont accept people from Belgium - what is their interface like. I am with TW and sort of happy there but the Tradier screens with more complex trading options did seem attractive. Is the eoption interface also able to process trades like: opening three attempts for a spread and then cancelling the previous two if one is filled?

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Hi There! Scott from eOption here.

You can enter multiple orders, but you would be responsible for monitoring them, including if you wish to cancel them. Soon we’ll have trade parameters OTO/OCO available where one trade can cancel another, but that’ll only be applicable to two trades, not three. This is currently in development for our platform. Does that answer your questions? Let us know if there’s anything else.

 

 

 

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@Scott Green - does eOption allow long calendar/diagonal spreads on the SPX and RUT cash-settled index products?  Also, can you provide the exchange fees you pass on to the customer on those products?  I did not see those specifics listed on the website's commission schedule.

 

Thanks,

Tim

Edited by luxmon
added hash tag, found those fees

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2 hours ago, luxmon said:

@Scott Green - does eOption allow long calendar/diagonal spreads on the SPX and RUT cash-settled index products?  Also, can you provide the exchange fees you pass on to the customer on those products?  I did not see those specifics listed on the website's commission schedule.

 

Thanks,

Tim

 

Hi, thanks for your question.

No, our clearing firm does not allow for calendar or diagonal on index options. As for the exchange fees, they can be found here www.eoption.com/rates/ under Miscellaneous Fees >> Index Option Exchange Fees. There are other fees such as SEC, TAF, OCC, and ORF. Let me know if you have anymore questions.

Scott

 

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