eOption is a great broker

Tue, 09/27/2011 - 13:35
eOption is a great broker
Valuetrader

Hey, not sure if this is the correct place to put this, but I will for now. The brokers I use are eOption and Interactive Brokers. Interactive Brokers (IB) has great tools and has low margin requirements for short stocks and options, so for those reasons I'm keeping it. However, in most other ways, eOption is superior. Not only does it charge $3 a trade for stocks, .10 an option contract, the cheapest I've seen, but it executes options at better prices than IB. I often have the same limit order for options on both brokers, and eOption almost always beats IB in executing hte trade. Also, I can short stocks much easier with eOption. IB often has trading restrictions on stocks, but eOption can short where IB can't. One thing about IB, is it allows shorting of stocks under $3 a share, whereas eOption doesnt' allow it.

If you are going to open an eOption account, I might as well plug my name, put in Adam Gefvert as a reference so I get $50. I'll buy you a drink ;)

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