Investing Site Reviews (as they relate to options)

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pboo 01-25-2008, 4:43 PM | Post #2480858 | 4 Replies

I am looking for a good article/site, that compares several investing websites specifically reviewing the options portion of the site. I am not looking for a research site, but a site for the actual buying/selling. I have been with Scottrade for a while now, just for basic stock investing. I am interested in getting into options, and it seems that Scottrade has several restrictions (for example, they do not allow selling puts). I have seen a Morningstar article rating investment websites in general, but no detail in regards to options. Can anyone steer me in the right direction?

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Re: Investing Site Reviews (as they relate to options)

ernie 01-26-2008, 10:49 AM | Post #2481089

Schwab Streetsmart Pro is an excellent and very well put together trading platform. Does Scottrade prohibit put selling or are you getting caught by margin requirement? If you sell puts you need to have enough cash/marginable securities to back them up if called.

Related Topics puts cash Scottrade Schwab

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Re: Investing Site Reviews (as they relate to options)

SilverLion 01-27-2008, 9:08 AM | Post #2481307

I use optionsXpress. It has an easy to use platform with lots of features for options trading. The commissions are a little higher than some discount brokerages. The Optionetic.com site might have some useful information on selecting a broker

Related Topics broker commission options trading discount brokerage

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Re: Investing Site Reviews (as they relate to options)

jms1234 05-16-2008, 11:07 PM | Post #2518758

Barron's has a good review of online brokers here: http://online.barrons.com/article/SB120554254483438485.html

Good Luck.

JMS