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  1. O

    RIP Thinkorswim

    Trademonster have a minimum of $12.50 per option trade which makes them useless, they are cheating when they say they don't have a ticket fee, they do have one because you pay $12.50 even if you trade just one contract, with TOS its $1.50 per contract, atleast it used to be.
  2. O

    no minimum deposit required futures brokerage? any?

    I checked Generic Trade, they have no minimum requirement to open and trade but like other said, with every broker you need to deposit money to trade, you cannot trade if you have zero money in your account.
  3. O

    RIP Thinkorswim

    They bought TOS in 2009 and they are still in the process of registering as an FCM? i don't think it takes 2 year to register, especially not for a big broker like TD.
  4. O

    not selling puts for unstable companies

    there is no assignement risk on options that still have time value because its cheaper for the option holder to sell his contracts than to exerce his options
  5. O

    not selling puts for unstable companies

    are you calling GE a crappy stock?? if yes i think you don't know anything about stocks, back in august, LEH was at $15 while F was at $2 and guess which one filed for chap11 just a month later your reasoning of judging a stock by its price is not corect
  6. O

    not selling puts for unstable companies

    thats what i thought too and i think its quite interesting for the trader who sells the put and a sure loosing trade for the market maker who will have to buy it i would like to ask a question: how can the market makers aford to buy such overpriced put options? are they convinced F will be...
  7. O

    not selling puts for unstable companies

    BAC and GE both got to $5, are you saying these two companies are crappy? i don't think they are especially not GE if you are concerned one company could go bankrupt, you can sell puts on a basket of stocks or on an ETF if you can find one at around $5, you are therefore less vulnerable to...
  8. O

    not selling puts for unstable companies

    thank you and thank everybody for the replies, iam not saying there is a free lunch because there is not and option prices are almost never wrong. GM puts are very atractive to sell because, i will quote someone in another thread who said, there is plenty of FEAR priced in there, i just read...
  9. O

    not selling puts for unstable companies

    because there is no stock i want to own, there is not a single stock that is higher at jan 2009 than it was at jan 2007! all the stocks are down and they slashed their dividend so whats the point in owning any? because it will go from $2 to $60? i will not hold my breath on that. if a stock...
  10. O

    not selling puts for unstable companies

    i don't even look at stocks higher than $5 let alone selling puts on the them. one must be a fool to trade anything higher than 5 bucks. FRE, FNM, AIG, LEH, Bear were at $50 few weeks before they went under while Ford was at $2 and is still around WITHOUT getting any sent from the bailout...
  11. O

    not selling puts for unstable companies

    not always true as you can roll the contacts forever and never actually own the stocks, collecting premium every 3 or so months. after 2 or 3 years, you might get back the price you would pay if assigned and break even, the thing is not to do it on firms that may go bankrupt when contrywide...
  12. O

    not selling puts for unstable companies

    i recently started selling puts and doing covered calls to collect some premium. i made a small trade with GM selling the march 2.5 Put for $1.45 in november and buying it back in early february for $0.7 making a nice $60 after fees. this seems like a risk free small trade but if GM didn't...
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