Bullish stocks near support

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  • wooish
    Senior Member
    • Dec 2008
    • 499

    Steel

    Who's your broker for options trading? I'm looking for some cheap alternative to TD as I think they charged too much.

    Comment

    • steelman
      Senior Member
      • Jun 2008
      • 648

      Originally posted by wooish View Post
      Steel

      Who's your broker for options trading? I'm looking for some cheap alternative to TD as I think they charged too much.
      Wooish, I have been with Scottrade for a few years now. They charge $7.00 plus $1.25 per contract.

      I heard thinkorswim has good rates. I know their platform is incredible. I use their papermoney account to look at charts.

      This was from their website, The lesser of:
      $2.95 per contract
      OR
      $1.50 per contract plus $9.95 (only one $9.95 charge for unlimited spread legs)

      They say this works best for traders who generally execute single orders of 1-5 contracts.
      Best,
      Steel
      It's time to Grab the Bull by the Horns!

      Comment

      • wooish
        Senior Member
        • Dec 2008
        • 499

        Have u look at http://optionshouse.com/ ? their rate is incredibly cheap. I might try them out with small account.

        Comment

        • steelman
          Senior Member
          • Jun 2008
          • 648

          Wooish, just looked at their site. At first glance it looks pretty good AND they are offering 100 commission free trades when executed withing the first 60 days. I wouldn't hit a 100 trades but, I could go for 2 months of free trading.
          Best,
          Steel
          It's time to Grab the Bull by the Horns!

          Comment

          • steelman
            Senior Member
            • Jun 2008
            • 648

            HOLY...$%&#^*@&*#&$( ??????

            Wow, I take a day to run around and get some errands done, in my car most of the day, no computer, etc and I finally walk into my office. The market closed 30 minutes ago. WHAM, right there on the TV in our main reception area..."Stocks Plunge, DOW finishes at 11,984 down 228 points"

            Blame it on Libya? What happened?
            Best,
            Steel
            It's time to Grab the Bull by the Horns!

            Comment

            • steelman
              Senior Member
              • Jun 2008
              • 648

              Nog

              NOG is getting ready to run again. It just went above 30 day MA. Stochastics and MACD have just come off the bottom and starting to turn up. It was almost to $34 last week on 3/7. I don't see why it can't get there again, quickly. I am still holding April $32 Calls
              Best,
              Steel
              It's time to Grab the Bull by the Horns!

              Comment

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