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Umm…still doing it and looking at my best year yet.

Futures use SPAN margin, very favorable to options sellers vs selling options against individual stocks or the SPY. My 2 cents.

Yes sir...just don't go crazy with the margin and leave plenty on hand for adjustments if needed.

Well, I am aware of what they are at a high level, but my understanding is not nearly as rigorous as some on this board. I just have never used them. Have been selling options since 2007...I don't use the greeks, but I do react and adjust positions as needed. So, maybe I am 'acting' in a way...

Hi opt789, I meant less than a 100 round trips per year. Yes you are right that I am paying more than I should be.

Yes, you are right....I place less than 100 trades a year, so I guess that makes me an 'infrequent trader'. I like OX because the user interface is very intuitive and is easy for me to understand. I am not a math wiz and have no idea what the greeks are and don't use them. So, their trade...

So, as your account grows do you guys suggest to keep opening new brokerage accounts as needed to keep the cash below 500k? Or is there a point where it makes more sense to to just stop opening new accounts and move the funds into real estate etc.? I started out selling options but am now...

So, is it risky to have more funds with a broker than the SPIC insured limit (I think it is $500,000 at the moment)?

Thanks for the responses so far. What is IBKR? I have no issues with Optionsxpress, I was just curious about other brokers that provide the ability to trade options on futures. Maybe this is a me being paranoid, but to protect from brokerage fraud/bankruptcy or what have you...I was...

Hi, Do any of you guys trade options on futures? If so which broker(s) do you use? I am an options seller and would love to hear from other sellers (or buyers) about their experience with other brokers that allow selling options on futures. Thank you. (P.S. I use optionsxpress at the...