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Insufficient computing power? Are you joking? It is clearly software issue, and software issues are caused by people programming software. It is a very poor excuse. Requiring margin 3 times bigger than the maximum possible loss is ridiculous and has no excuses. If they can't calculate correct...

32 cents premium might not be worth it, but if you go for 240 strike, you can get 1.30 premium. If AAPL ends above 240, you make 3.7% return on margin in one week. Not so bad. The trick is that you should be ready to own AAPL if it goes below 240. If you are, it is not a bad deal. Going to...

They don't charge cancellation/modification fee on spreads. I change my spreads a lot and was never charged. There is no doubt that customer service in TOS is no comparison to IB. In IB the customer service is close to non-existent. In addition, their margin requirements are much more...

Actually this is not true. Lets take as an example IBM stock. If you own 100 shares at $132, your margin requirement is about 4k (assuming 30% margin). Shorting 1 June 130 put will reduce the margin requirement to to around 2.4k. in case IBM is unchanged by June expiration, you make 10%...

The fact that you are in business since 1976 doesn’t prove anything. Madoff was in business for much longer. Some services give only entry points and don’t provide any guidelines when to exit the trade. You pretend to provide such guidelines based on target and/or stop loss. So when you...

You are correct about $10 monthly fee (it doesn't apply if you generate more than $30 in comissions so it is not relevant for active traders). Another annoying thing is their order cancellation/modification fee (applies to options but not spreads). But as far as I know, 70 cents per contract...

rd100, what commissions did you get? The minimum I was able to get was $1.00 per contract with trade fee, which is still almost 50% more than IB.

What is exactly the nature of his service? Does he sell educational materials? Seminars? Or does he actually send you buy/sell alerts? How much does it cost?

This is an options service that gives calls/put recommendations. Looking at their track record in the last 4 years, you see an average return per trade of 25-35%. They make 10-15 recommendations every month and average holding period is about 10 days. They suggest entry price, target and stop...

Mark, you are absolutely right. I just was curious how they calculate returns. Already cancelled and got a refund. What is surprising is the fact that those guys belong to InvestorPlace Media, which is considered a respectful organization. How do the agree to those kinds of lies??

I keep getting ads from those guys, so I decided to give it a try, considering the fact that they have a risk free subscription. They advertise profits of “…1,100% gains in 15 days, …1,200% gains in 7 days, …2,300% gains in 10 days.” They promise to double your money twice a month...

I found this old thread and I would like to comment on the topic. I completely disagree that “there is a single stock or option selection service that is worth anything more than zero.” As an example, I know about a specific service that is around since 2000 and has an average yearly...

I have been a subscriber of Options-Intelligence Special Plays for 3 weeks now and for those interested, here are my first impressions. It was a bit tough start – first five trades were losses, but I liked the fact that they are cut very quickly. Biggest loser was 25%, others 7-10%. Then I...

The owner of the service told me that it's mainly at the money.

I told them I'm IB customer and aksed to match the $0.7 per contract. The lowest they could offer was $1 per contract.

There are three good reasons why people stay with IB: COMMISSIONS, COMMISSIONS, COMMISSIONS. $0.7 per contract is hard to beat. The best you can get from TOS is $1.25, OptionsExpress charge $12.95 for 10 contracts. So for active traders, that's huge savings. Their customer support is...

Compare commissions at IB with scottrade, td ameritrade, etrade, or schwab. Compared to what you gain from low commissions, those fees are peanuts.

I found this old thread. I’m considering subscribing to this service. It bothers me that he does not give exit instructions. It also bothers me that he posts performance numbers based on the highest possible value of the option. On the other hand, he suggests -25% stop loss and profit...

Put the option symbol as it appears in MSNMoney and it will get you the option.

My goal in general is hedging a long portfolio. Of course one option is to sell everything or using a collar. I don't want to do it. I want to use an unexpensive hedge. It has to protect me against 5-7% drop (assuming I already have a black swan protection), but if the market doesn't move or...