Partial-filled Straddle Order

Quote from spindr0:

What's hanging you up is the minimum ticket of $1 per transaction (a straddle involves 2 transactions).

If your straddle order had been for 2 contacts on either side, the commish would have been $1.50 per position for a total of $3
More...

Thanks for clearing it up.
 
I agree with what the others have said - use a combo order to sell both at the same time. Managing a short straddle however might be a whole 'nother issue!

JJacksET4
 
Quote from stoic:

Yes.. All the brokerages I know will treat an adjusted partial fill order as a new order for commissions.
More...

I believe OptionsXpress does not charge another commission for the same thing. For example, I have before bought say 10 calls for $1.00 each limit - 6 were filled and the stock moved up somewhat - I modified the rest to $1.05/per and 4 more were filled and I was charged one commission total. That being said, everyone seems to feel OX has some of the highest commissions so oh well :)

JJacksET4
 
You must log in or register to reply here.
Back
Top