- - Options
( http://www.paceadvantage.com/forum/showthread.php?t=138575)
| barn32 |
05-22-2017 09:43 AM |
Options
luv, B, 2, June, 23, 58.5, C, $1.60, .09, $320.09
[Southwest Airlines, bought, 2 June 23, 58.5 calls for $1.60, commission .09¢, total cost $320.09]
https://www.screencast.com/t/WTTgDv5A8 |
| Tape Reader |
05-22-2017 09:47 AM |
Good luck! Luv the thread.
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| AltonKelsey |
05-22-2017 04:15 PM |
9 cent commission? Really?
I guess it might be possible if there was a rebate. Was that the case?
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| barn32 |
05-22-2017 06:15 PM |
Quote:
Originally Posted by AltonKelsey
(Post 2173396)
9 cent commission? Really?
I guess it might be possible if there was a rebate. Was that the case?
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Yes.
Actually, I had the same question when I saw the commission, because I had never seen one quite that low before. I called them and was told it depends somewhat upon the exchange it was routed through (in this case PSE), but more importantly it's whether or not you are providing liquidity.
Since my bid for the option was under the market and the price came to me I was providing liquidity--hence the rebate. Otherwise, such as in the case of a market order, the commission would have been appx .85¢ or $1.90 total, $1.40 of which is IB's commission.
Here is a link to IB's commissions. |
| barn32 |
05-23-2017 09:53 AM |
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| barn32 |
05-23-2017 10:07 AM |
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| barn32 |
05-23-2017 10:38 AM |
1 Attachment(s)
Trades so far:
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| barn32 |
05-23-2017 12:11 PM |
abx, b, 5, June, 23, c, .20, $102.47
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| barn32 |
05-23-2017 12:42 PM |
cpn, b, 3, sep, 15, c, $4.93, $195.93
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| barn32 |
05-23-2017 01:29 PM |
myl, b, 2, June, 40, p, $1.14 .99, $228.99
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| barn32 |
05-23-2017 01:48 PM |
skx, b, 2, June, 23, 23, c, $1.45, $1.58, $299.58
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| AltonKelsey |
05-23-2017 02:24 PM |
Quote:
Originally Posted by barn32
(Post 2173477)
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Thanks, I've been an IB customer for 15 years or so. Yep. Maybe longer, you lose track over the millennia |
| barn32 |
05-23-2017 02:59 PM |
cxw, b, 2, sep, 15, p, $1.75, $0.09, $350.09
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| barn32 |
05-23-2017 03:05 PM |
1 Attachment(s)
I put on 10 trades today, and only 1 is winning.
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| barn32 |
05-23-2017 03:31 PM |
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