I'm not talking calls. I was going to start buying stocks. I guess I will stick to my plan of investing about 40% there and the rest lower. I have a whole list of stocks I have selected if you are interested although a monkey could probably pick stocks better than me!
TOS is good for low numbers of options, but after about 10 or so, you are better off with Ameritrade, as they charge .75 per contract past the first one of $10 bucks.
I just don't want to get long because of the high vix, and how it will kill anyone with straight calls. Plus, there will be a lot of whipsaw action the first few days.
I may take a call spread, or just sit it out until the dust settles. There still is a small chance that the 20ma (about 988 spx) will fail and the market will continue down to the 875 spx level.
Thank you – I am thinking of signing up for it but they charge a lot for options, no? 1.75 a contract? Or do they peg their fees to whatever I have at Ameritrade?
Does this BAM investor thing make you scared enough not to want to get long in the 990s? My issue is that if you listen to a bunch of people, you'll get a bunch of answers and so far, you know who has been 100% right. He said that as the market came down, everyone would panic while he was getting long.
I'm not talking calls. I was going to start buying stocks. I guess I will stick to my plan of investing about 40% there and the rest lower. I have a whole list of stocks I have selected if you are interested although a monkey could probably pick stocks better than me!
TOS is good for low numbers of options, but after about 10 or so, you are better off with Ameritrade, as they charge .75 per contract past the first one of $10 bucks.
I actually don't trade through them nor do i have an account funded. I filled out the required info to download their software.
Yup. I'm not sure what to make of them all, some work like a charm, some don't.
No Monica,
I just don't want to get long because of the high vix, and how it will kill anyone with straight calls. Plus, there will be a lot of whipsaw action the first few days.
I may take a call spread, or just sit it out until the dust settles. There still is a small chance that the 20ma (about 988 spx) will fail and the market will continue down to the 875 spx level.
I would rather just sit in cash and watch…
Thank you – I am thinking of signing up for it but they charge a lot for options, no? 1.75 a contract? Or do they peg their fees to whatever I have at Ameritrade?
I am using Think or Swim. https://www.thinkorswim.com/tos/client/index.js…
Thank you. You know who once said that volume should be 111 for fake prints. But I don't know if that is every time.
Does this BAM investor thing make you scared enough not to want to get long in the 990s? My issue is that if you listen to a bunch of people, you'll get a bunch of answers and so far, you know who has been 100% right. He said that as the market came down, everyone would panic while he was getting long.
Red, Thanks,