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    Brokerage Commissions

    Would TOS be your recommendation for portfolio margin trading of options?
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    Interactive brokers and option expiration

    How does IB handle debit and / or credit spreads that are in the money at expiration?
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    Low cost broker that doesn't clear through Penson

    OptionsHouse and E Option only charge $.10 per contract.
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    Low cost broker that doesn't clear through Penson

    If they do that it would be fantastic. I was one of the very early traders at Options Xpress and even helped them develop some of their tools such as their Option Pricer. I they would do flat price it would be a home run.
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    Low cost broker that doesn't clear through Penson

    Options Xpress is grossly overpriced in terms of commissions.
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    Low cost broker that doesn't clear through Penson

    Who are you and what is your basis for that question?
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    Low cost broker that doesn't clear through Penson

    There is also some form of concnetrated position kicker. Since I typically deal in large numbes of contract in a relatively small number of issues, perhaps a dozen or so, it seems like the concentration rules of portfolio margin would kick in.
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    Low cost broker that doesn't clear through Penson

    Do you trade in uncovered option securities? Also, these accounts are covered by Reg-T margin not portfolio margin.
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    Low cost broker that doesn't clear through Penson

    Several of the low cost option brokers that I use, E-Option and Optionshouse have efeectively increased their margin requirements for uncovered options by 50% over the last several months. They both indicated this was imposed on them by Pension Financial, who they use to clear. What other...
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    Wealthy Option Traders

    With a large firm: Can you obtain greater leverage than a retail trader? Are you trading with their or your money? How much haircut does the firm take?
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    Wealthy Option Traders

    Given this limited information, let us make some assumptions, 1) One needs $100,000 yearly in today's dollars for living expenses 2) A conservative investment with very limited principal risk can yield about 4 percent 3) One starts with $5,000 working capital / principal Thus, you would...
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    Wealthy Option Traders

    Perhaps another way to ask the question is : "What rate of return are option traders able to generate repeatedly over a long period of time?" This tells you how much you are able to compound your initial capital over time.
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    Margin on Naked ETF Options

    What is your reading of the order of the increased margin calculation. Will they first increase the margin (by 2 or 3) and then back off the Out of the Money amount and still possibly produce 15 or 20% min requirement for deep OTM options. Or back off the OTM amount and then double or triple...
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    Margin on Naked ETF Options

    With the new FINRA margin regulations to be enacted on Dec 1. http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p119906.pdf How does the out of the money amount for short options impact the margin requirement?
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    Regulatory Fee on Options

    How do brokers charge the regulatory fee on option transactions? Based on the option proceeds from a sale or the price of the underlying?
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    Optionshouse Experience

    Dear Customer, Your OptionsHouse account currently maintains ETF positions that will no longer be marginable at OptionsHouse; this is due to a margin policy change at our clearing firm, Penson Financial Services, Inc. Because of this policy change, you are required to take the following...
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    Optionshouse Experience

    Optionshouse seems to change Margin requirements on the fly frequently , such as on VIX options. The most recent: Dear Customer, Effective February 25, 2009, you will no longer be allowed to initiate trades in Three Times (3X) Leveraged Exchange Traded Funds on margin. Additionally...
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    Why do you trade options?

    Can someone point me to a website that shows the changes in margin treatment that will occur in April 2007? Thanks in Advance Dave
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    Literatures on Delta Neutral?

    A good discussion of Delta Neutral trading can be found in a classic but dated text: Natenberg "Option Pricing and Volatility"
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    Anyone use PowerOptions?

    I have been a Power Options subscriber since early 2002. I find that their SmartSearch XL is worth the money and much more.
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