Options House by Etrade?

T

TD877

I'm looking for a good broker/platform for trading options, and I really like the Options House software, but the commission seems really high. I mean, 0.50 per contract is fine, but then they also charge a 4.95 base fee. Interactive Brokers seems to charge roughly the same per contact, but no base fee. Am I missing something? I don't like IB's software at all.

If I wanted to buy 100 options contracts on the same underlying in a day, but wanted to spread the order out over the day, then Options House will charge 4.95 for each block?

Any suggestions on a platform like Options House but commissions like IB?
 
TD877 said:
I'm looking for a good broker/platform for trading options, and I really like the Options House software, but the commission seems really high. I mean, 0.50 per contract is fine, but then they also charge a 4.95 base fee. Interactive Brokers seems to charge roughly the same per contact, but no base fee. Am I missing something? I don't like IB's software at all.

If I wanted to buy 100 options contracts on the same underlying in a day, but wanted to spread the order out over the day, then Options House will charge 4.95 for each block?

Any suggestions on a platform like Options House but commissions like IB?
More...

Email me your contact information and we can discuss your needs. We offer both SMART and DMA starting at $0.60/options and $0.0045 per share with a choice of trading platforms. We also have a current promotion to cut your commissions for the first two months.
https://www.lightspeed.com/

Bob
 
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