dergol

Sounds like this guy is all hopped up on steroids from his power-lifting. He's hardly intelligible. You can almost see the veins bulging out in his neck as he writes that garbled nonsense. Its unfortunate to come across people like this but I would just ignore him. He's a moron.

Thanks, Maji.

Thanks. Yes, that’s what I was able to negotiate. Either that or $1/contract and no flat fee.

Thanks for all the feedback. Kim, you are right. I mis-spoke about any additional fees. I should have made it clearer that I was largely comparing the main broker execution fees and what I was trying to get at was that there was no additional execution flat fee like the $10 one TOS imposes in some of their commission structures. For example, my commission with TOS is .60 per contract + 10 flat fee. I know there are other smaller incidental fees for clearing and regulation, but I consider those generally a wash. But I should have stated that outright to avoid any confusion or misleading statements. Thanks for pointing that out.

Anyone using the new TastyWorks options platform? I’m thinking of switching to it. Their commissions are $1 per options contract to open and no charge to close. No other fees, base or otherwise. Only downer is that if u open an entity account (I.e., you’re trading under an LLC), they consider u a professional and charge you $120/month for real time quotes. Real time quotes are free for individual accounts. Either way, cost of making 15-20 option trades a month should be quite a bit lower than the rate I worked out with TOS. https://tastyworks.com/pricing.html Disclosure: I am not affiliated with TastyWorks and do not get any compensation from them for sharing this info. I am just interested to know if anyone uses them and if so what their experience has been.

I’m thinking of switching to the TastyWorks new platform. Their commissions are $1 per options contract to open and no charge to close. No other fees, base or otherwise. Only downer is that if u open an entity account (I.e., you’re trading under an LLC), they consider u a professional and charge you $120/month for real time quotes. Real time quotes are free for individual accounts. Either way, cost of making 15-20 option trades a month should be quite a bit lower than the rate I worked out with TOS. https://tastyworks.com/pricing.html