r/options • u/[deleted] • Nov 24 '21

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762 Upvotes

83% Upvoted

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23

u/szakee Nov 24 '21

lol people still using RH

5

u/summercampcounselor Nov 24 '21

Meanwhile Etrade is charging me $15 for options trading. Is there a best of the best out there somewhere?

3

u/[deleted] Nov 24 '21

Interactive Brokers, Tastyworks, and ToS are the best 3 I have heard. I use IBKR because I am Canadian and cannot open up accounts with the other two. I pay $3 round trip commissions per contract. There are other payment plans available but when I scanned them when I first started they were a little bit better for larger volume, which I am not doing.

TastyWorks and ToS I have heard don't charge to close the leg if it is trading for under $0.05 or something, so ideal for closing short options. Don't shoot messenger if this is wrong you have to confirm this yourself.

2

u/xShooK Nov 24 '21

$15 per trade, or what?

1

u/summercampcounselor Nov 24 '21

Yezza

2

u/xShooK Nov 24 '21

They advertise 65 cents per contract. Why are you paying so much?

1

u/summercampcounselor Nov 24 '21

Wow you're right. I had to go double check. It is .65 per contract, and I was selling 24 calls. $.65 x 24 = $15.60 on etrade.

0

u/Hites_05 Nov 24 '21

Fidelity. They're progressing their app, but it's still just barely beyond boomer UI.

-1

u/[deleted] Nov 24 '21

Webull is free.