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Beerworld

05/27/14 6:06 PM

#15569 RE: royg1927 #15568

Jane and Roy. I know that feeling of changing platforms. I eventually went from etrade to opxpress and don't recall exactly why but got so used to opxp platform that when I consolidated brokers and moved shares etc to Schwab. I had been active enough to negotiate a pretty good rate at Opxpress. well Schwab bought Opx and I was able to negotiate the same options rate at schwab. As it is I kept Opx account and trade there and use the platform I had become used to BUT trade some times options at Schwab and use their
platform for most of my Spy setup.
Many have spoke of IB and some others but ease is a major influence for me.

The PCLN I was watching was the this weekly 1200 and at the time share were about 1170. And more importantly the market was drifting and no one wanted calls so premium was less.I think they were about $4. Looking at today of course the options look expensive but the stock was up big all day and premiums grew.