trick to rolling a covered call on TOS but paying only 1 commission? - ThinkOrSwim | futures io social day trading
futures io futures trading


trick to rolling a covered call on TOS but paying only 1 commission?
Updated: Views / Replies:1,543 / 1
Created: by cwerdna Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

trick to rolling a covered call on TOS but paying only 1 commission?

  #1 (permalink)
Trading Apprentice
San Jose, CA
 
Futures Experience: Beginner
Platform: Thinkorswim
Favorite Futures: stocks, options
 
Posts: 6 since Jul 2012
Thanks: 3 given, 1 received

trick to rolling a covered call on TOS but paying only 1 commission?

Ages ago, at a free TD AM seminar I went to (when I first got introduced to covered calls and options), the presenter showed a trick in TOS where you could roll a covered call (probably works on any options, covered or not) but only pay a single commission instead of being charged 2 of them.

Anyone here know the trick? I did it before, I think, but don't remember how. I don't even remember if TOS will correctly show the # of commissions charged in the confirmation/preview.

I think TOS (or someone else put together) a video of the trick but I don't know where to find it.

Reply With Quote
 
  #2 (permalink)
1.Fibs 2.??? 3.Profit
Puerto Rico
 
Futures Experience: Intermediate
Platform: thinkorswim
Broker/Data: TD Ameritrade
Favorite Futures: ES
 
rmejia's Avatar
 
Posts: 384 since Oct 2010
Thanks: 3,597 given, 421 received

When placing the initial order in the Trade - All Products tab under Spread type choose: Covered Stock. This creates the Covered Call as 1 trade. If initiated this way when rolling over it should roll over as 1 trade as well.

Reply With Quote

Reply



futures io > > > > trick to rolling a covered call on TOS but paying only 1 commission?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Dividend Capture with Covered Call strategy - anyone do this? andyb1979 Stocks and ETFs Trading 7 January 2nd, 2012 10:38 PM
Cool Ninja Trick I've Learned tulanch The Elite Circle 1 November 26th, 2011 12:11 AM
The People vs. Goldman Sachs (Rolling stone article) kbit News and Current Events 0 May 11th, 2011 10:22 PM
Rolling Pivots stifland NinjaTrader Programming 22 April 26th, 2011 09:44 AM
Transparent overlay trick MXASJ NinjaTrader Programming 1 May 27th, 2010 04:48 AM


All times are GMT -4. The time now is 05:25 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-18 in 0.07 seconds with 19 queries on phoenix via your IP 23.22.136.56