Options Zero-commission

[Surprise]

Zero commission from choicetrade up to 500 contracts on the expiration week , what is this ?


http://www.choicetrade.com/messages/zerocomm/

 

[spindr0]

Looks reasonable except for the monthly data fee and the $25 whacking per assignment/exercise.

 

[atticus]

Quote from Surprise:

Zero commission from choicetrade up to 500 contracts on the expiration week , what is this ?


http://www.choicetrade.com/messages/zerocomm/

They're assuming that quite a few exp-week trades will be assigned. Is Choice direct-access?

 

[Rodney King]

Also, importantly, "Zero commission rate does not apply to index options which may be traded for the regular commission."

 

[crgarcia]

Quote from Surprise:

Zero commission from choicetrade up to 500 contracts on the expiration week , what is this ?


http://www.choicetrade.com/messages/zerocomm/

Never trade or buy something because its cheap.
Jumping out of a bridge is free, but would you?

 

[gobar]

Quote from crgarcia:

Never trade or buy something because its cheap.
Jumping out of a bridge is free, but would you?

how its free? cost is ones life

nothing is free

 

[Rodney King]

Quote from gobar:
nothing is free

Quote from crgarcia:
Never trade or buy something because its cheap

Wow, deep. You guys should write fortune cookies.

 

[crgarcia]

Quote from gobar:

how its free? cost is ones life

nothing is free

To others your life is worthless.
So for brokers, they don't care if you profit. They only want your commissions.