What brokers allow you to make single order option spread trades?

FSU said:
Your friend is wrong about Fidelity. I have an account there and it is very easy to trade option spreads. I use their Active Trader software, very ease to enter a option spread order.
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I'll double check with him,he might be using different software.Thanks for your input.
 
Id also suggest either TD or Interactive Brokers. IB will be a bit cheaper trading, but you will pay for their quote feeds. TD will offer you more help if you need it.
 
Even Robinhood will allow you to trade spreads :-)
No fees, no minimum account size, and instant signup. Just no margin. May be a good way to start and learn.
 
guru said:
Even Robinhood will allow you to trade spreads :)
No fees, no minimum account size, and instant signup. Just no margin. May be a good way to start and learn.
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First time hearing of them.Can you buy option spreads as 1 order with them? Are they a good and reputable company? I generally believe in the saying good is not free and free is not good.
 
Wade Wilson said:
What brokers allow you to make single order option spread trades?For example I want to buy a call option at 50 and sell the same option at 51 and enter it as one order rather than selling the call on one ticket and buying on another.

Thanks for any suggestions.
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All of them
 
Robinhood is fine if you're just trading simple directional spreads. They're US only though. Surprised you haven't heard of them, unless you're not US based.
 
Tdameritrade and thinkorswim easy to set up the vertical
Shows the limit spread, select what you want and send.
If you don't get the trade you can walk up the limit until
You get the trade.
 
All four brokerages I've used allow you to enter a multi-leg trade as a single trade, i.e., all legs are traded simultaneously. That includes Fidelity, E-trade, Ally Invest, and Robinhood. All of those brokerages then isolate the multi-leg positions in your account so that you can see the current market value of, for example, any given credit spread or iron condor, etc. With Ally Invest you might want to ask them to switch you to their "classic" account view for ease of viewing those positions.
 
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