Originally Posted by
GambleBotsChafedPenis
all depends on your position size...if you are trading around in 1 lots then that $6-7 flat fee takes a huge bite outta your ass since your take profit target on your trade is probably gonna be like $50-200 a trade (huge range, obv, but gonna guess it's about right)...if you're trading like 50 lots that flat fee ain't gonna mean a ton in the grand scheme of things...
EDIT: trading is just like any other business...the more units you can spread your fixed cost over the better...if you're a BSD then yeah legging in is probably the right way to go...if you are just bobbing and weaving with a few contracts here and there, probably best to do it all at once...
When I option trade the fee is always $0.65-$0.70. Where are you getting the $6-$7 number from? Is that the margin account rate?
Also, my straddle bombed last night. Market went nowhere at all, which is pretty much worse case scenario. Sold the call at a tiny profit and hoping for market to go down so don't lose everything on the put. We move on.
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