lowest cost in future option
- Thread starter yip1997
- Start date
http://www.interactivebrokers.com/en/accounts/fees/commissionFutures-FOPs.php?ib_entity=llc
USD 3.30 for r/t. If you are doing volume, unbundled rate at the bottom of the page will suite your needs.
USD 3.30 for r/t. If you are doing volume, unbundled rate at the bottom of the page will suite your needs.
IB does not do floor options.
It seems to me that the unbundled rate is always lower than the bundled rate even for small volume.
One contract for unbundled rate is only 0.9 (exectution fee) + 0.3 (clearing fee) + 0.1 (carrying fee) = 1.3, and the closing position is 1.2 ( w/o carrying fee). So the rt is only 2.5. Am I right? Why would one use bundled is the unbundled rate is always lower?
I also found the cancellation fee. Does it apply to cme exchange? I am only in intersted in es and er2 future options.
Pit traded futures, not pit traded options.
The carrying fee can add up with options. I guess it all depends on how long you're holding. 30 days isn't unusual for me, adding up to $3 per contract. The bundled rate eliminates that.
