Selling Far OTM Options on Futures
|March 20th, 2015, 01:54 PM||#91 (permalink)|
Futures Experience: Advanced
Platform: Zaner360, Vantage, Trade Navigator
Broker/Data: DeCarley, RJO
Favorite Futures: Commodities
Posts: 639 since Nov 2014
Thanks: 998 given, 524 received
I trade with RJO US. Conditions depend - as with most brokers - on the size of the account and on the number of trades per month. RJO is more expensive than IB and has similar prices as MAN Financial. For an option seller, conditions are ok. As a day trader I would prefer a cheaper broker.
Main advantage of RJO: They have excellent reports on fundamentals. Currently I do more trades with deCarley due to their excellent service. But I will keep the RJO account for their reports.
Generally I prefer working with (at least) two brokers to reduce the risk that almost would have hit me at MAN.
Best regards, Myrrdin