Calls have been coming in for over $100 with expiration in early March. That is all.
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (26)
sorted by:
No problem- I was half asleep when I typed that earlier comment. To be more clear: there are 3 "retail trader" platforms that offer trades for no fees. They are Robinhood, WeBull, and Etrade. I think Etrade trades are free anyway, I never used them. Robinhood stabbed their customers in the back BIG TIME over GameStop and have been accused of ripping their customers off by their speed of transactions and routing. WeBull, which I have really liked, is apparently (I just learned this) owned by a Chinese Company.
The next medium level platforms are probably TDAmeritrade (now Charles Schwab) which I had a huge problem with previously (I won't get into it but I need to get off of their platfrom asap) and Fidelity. Maybe Computershare falls here too, but most people are recommending them because you can get certificates of ownership for stocks from them, whereas other companies it is all pie-in-the-sky virtual shares. A lot has been written on that and it is mostly part of the GME saga as well. The fees for trades on these vary.
Finally there are platforms for professional traders that you pay more fees for, but you have custom and direct routing that can make a difference when speed really matters. If you aren't trading multiple times a day, these platforms are not necessary.
Good luck! DWAC dipped some today. I'm excited to see where we'll be when it launches. Edit: I may have stated that Computershare thing incorrectly as I don't know if they are called certificates or something else, but you get the point.
There are more than that. Most of them are doing the "zero commission" thing now.
You realize there is no free lunch, right? They are not doing it out of the kindness of their hearts (which they probably don't have -- kek).
They either front run your order, or act as the market maker to buy/sell it to you at a markup for them. You pay more for the share price, in exchange for "zero commission."
Just an FYI for those around here who don't know this.
Thanks for the details!