hcgdavis 9:40 am on Thursday, June 28, 2018

TOS commissions clarified.

Spoke with my account rep. I have $4.95 stock trades. Options are either 0.65 and $4.95 ticket charge or 1 and no ticket charge.

Doing the math the break even point is about 11-13 contracts. If 10 or lower ask for the 1.00 option no ticket charge. If over 11 contacts go for the 0.65 with 4.95 ticket charge.

Hope that helps the other TOS users 🙂

jdietz1954 10:01 am on Thursday, June 28, 2018

I just received word of my request for a price improvement for ToS. They lowered my contract fee to 0.75, no ticket charge. Prior was 1.00 per contract with no ticket charge, 4.95 equity trade, 6.95 assignment. Try to get that ticket charge dropped regardless of contracts. You trade many more contracts than I at my 1 or 2 or 3 lot puny size.
- hcgdavis 10:17 am on Thursday, June 28, 2018
  
  That’s a better rate. My regular account rep is on vacation. When she gets back will try to do that.
  
  Thanks