Un sustainable fees!

mervyn said:
i concluded that you can’t read.

for premium less than 5 cents, 1 contract premium max at $5, why would you want to trade that and how many contracts can you trade. for average stocks weekly, it is less than delta 10, these is no meat other than parking money to beat the money market.
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RUOK?
 
Steve777 said:
Maybe trading isn't for you then
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You're ok with paying 1.25 per contract? Its not a big deal if you're trading 1 lots lol. D is paying 0.15... is trading not for him either? I will only be placing options trades on IBKR going forward.
 
wxytrader said:
You're ok with paying 1.25 per contract? Its not a big deal if you're trading 1 lots lol. D is paying 0.15... is trading not for him either? I will only be placing options trades on IBKR going forward.
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No it's a pretty big amount. Well I only trade options. I have no idea how you day trader guys do it
 
I left IB for the very same reasons..

I was paying 6 bucks per fly,each way.Not all the time,but enough...

Im at TOS/Schwab and Im paying close to what Poopster is paying.

Trading flys /1x3x2's at at IB numbers was/is prohibitive.





wxytrader said:
You're ok with paying 1.25 per contract? Its not a big deal if you're trading 1 lots lol. D is paying 0.15... is trading not for him either? I will only be placing options trades on IBKR going forward.
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taowave said:
I left IB for the very same reasons..

I was paying 6 bucks per fly,each way.Not all the time,but enough...

Im at TOS/Schwab and Im paying close to what Poopster is paying.

Trading flys /1x3x2's at at IB numbers was/is prohibitive.
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Yeah but in Canada IB is the best and only option afaik where you can get .15-.65 depending instead of 1.25. I was able to get .75 with TD when it was TOS.
 
poopy said:
RUOK?
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you claimed that you paid 15 cents commission on option trades, and gave a ib schedule. i am saying that only option premium is less than 5 cents can qualify the lowest tier commission, which is still more than 15 cents. for 5 cents premium, $5 gross, it is way out of money and not even a trading strategy.
 
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