Okay who is with Schwab and can you find out how much SPX option commissions will be?
Sold an Oct. 18 20 straddle for 5.10.
Sold Nov. 18, 30 put for .60
#SPX1dte Sold to Open $SPX Oct 2nd 2870/2890-2980/3000 condors for .867, IV 13.55%, SPX 2946.
Looking at short calls again but went with spreads in some smaller accounts to keep buying power requirements down.
Sold $DRIP 12/20 125/135 bear call spreads @ 1.31-1.33
BTO $SFIX Oct 11 $23 Call at $1.40
Volume profile has a huge pocket above current price to about 26.50 or so, with Point of Control around 27.50. TOS has expected move at 4.33 or so at time of trade. We’ll see what happens this afternoon. YOLO!
Got an interesting call from Schwab today.
Not only are they eliminating stock commissions, but also the per ticket charge on option trades, which was not widely talked about in the press releases that I read.
Good news for me as most of my trades are small quantities these days.