Comments for Option Trading - Iron Condors, Credit Spreads, Covered Calls, Butterfly and Calender Spreads http://optiongenius.com/blog The Option Genius Blog Tue, 15 May 2012 16:09:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on Diversify Your Portfolio By Selling Options by Genius http://optiongenius.com/blog/diversify-your-portfolio-by-selling-options/comment-page-1/#comment-4176 Genius Tue, 15 May 2012 16:09:12 +0000 http://optiongenius.com/blog/?p=25#comment-4176 You have to ask very nicely. :) The brokers ask you several questions when opening an account - net worth, experience in option trading, etc. if you do not meet their qualifications they will only give you Level 1. Some brokers give everyone Level 1 unless you ask for higher levels. They do this to protect themselves. If you lose a lot of money in trades you dont know how to do, you can turn around and sue them. And many people have done this, so you have to show them you have experience before they will approve you. You have to ask very nicely. :)

The brokers ask you several questions when opening an account – net worth, experience in option trading, etc. if you do not meet their qualifications they will only give you Level 1. Some brokers give everyone Level 1 unless you ask for higher levels. They do this to protect themselves. If you lose a lot of money in trades you dont know how to do, you can turn around and sue them. And many people have done this, so you have to show them you have experience before they will approve you.

]]> Comment on Diversify Your Portfolio By Selling Options by Dave Wenger http://optiongenius.com/blog/diversify-your-portfolio-by-selling-options/comment-page-1/#comment-4174 Dave Wenger Mon, 14 May 2012 23:53:19 +0000 http://optiongenius.com/blog/?p=25#comment-4174 How do you get to the level four options all the brokerage houses will liet you trade are covered calls How do you get to the level four options all the brokerage houses will liet you trade are covered calls

]]> Comment on More Money = Happiness? by kamlesh http://optiongenius.com/blog/more-money-happiness/comment-page-1/#comment-4173 kamlesh Mon, 14 May 2012 05:16:00 +0000 http://optiongenius.com/blog/?p=276#comment-4173 it is true. if u r successful u will be able to make other people happy, by doing some charity work and involving your self in social activities. kamlesh it is true. if u r successful u will be able to make other people happy, by doing some charity work and involving your self in social activities.
kamlesh

]]> Comment on Iron Condor Option Course Part Five by carol http://optiongenius.com/blog/iron-condor-option-course-part-five/comment-page-1/#comment-4171 carol Mon, 14 May 2012 00:45:28 +0000 http://optiongenius.com/blog/?p=351#comment-4171 I realize I am not familiar with all of the option language used in this mini course and need a mini course in basic options even though I have read and studied options for some time. Is there such a course by you? I realize I am not familiar with all of the option language used in this mini course and need a mini course in basic options even though I have read and studied options for some time. Is there such a course by you?

]]> Comment on Iron Condor Option Trading Mini Course by glod http://optiongenius.com/blog/iron-condor-option-trading-mini-course/comment-page-1/#comment-4168 glod Fri, 11 May 2012 18:21:42 +0000 http://optiongenius.com/blog/?p=324#comment-4168 what really bothers me is that if I keeping on doing position adjusting; the commission fee will be high what really bothers me is that if I keeping on doing position adjusting; the commission fee will be high

]]> Comment on Trading Indexes vs. ETFs by Genius http://optiongenius.com/blog/trading-indexes-vs-etfs/comment-page-1/#comment-4163 Genius Mon, 07 May 2012 18:00:01 +0000 http://optiongenius.com/blog/?p=429#comment-4163 Good idea! Will put it on my list of things to write about. Good idea!
Will put it on my list of things to write about.

]]> Comment on Autotrading by Genius http://optiongenius.com/blog/autotrading/comment-page-1/#comment-4162 Genius Mon, 07 May 2012 17:59:27 +0000 http://optiongenius.com/blog/?p=309#comment-4162 No. A 401k at work will have too many restrictions on how you can invest your money. And Fidelity is not an option friendly broker anyway. No. A 401k at work will have too many restrictions on how you can invest your money. And Fidelity is not an option friendly broker anyway.

]]> Comment on Is This Really Bad Advice? by Walt http://optiongenius.com/blog/is-this-really-bad-advice/comment-page-1/#comment-4160 Walt Sun, 06 May 2012 02:49:19 +0000 http://optiongenius.com/blog/?p=42#comment-4160 Allen- There are people all over that don't know how to ask for help let alone recognize it when it comes their way. All be it, I have been a member now for going on 3 months and have not only learned from you much regarding the trades that we put on, but I have learned from you how to be humble and how to do right by others. Lets all take a deep breath here and move forward....I'm sure that if this person wants to watch and check out your abilities she can...when she is ready. Allen-

There are people all over that don’t know how to ask for help let alone recognize it when it comes their way. All be it, I have been a member now for going on 3 months and have not only learned from you much regarding the trades that we put on, but I have learned from you how to be humble and how to do right by others.

Lets all take a deep breath here and move forward….I’m sure that if this person wants to watch and check out your abilities she can…when she is ready.

]]> Comment on Option Friendly Brokers by Keldon Ellis http://optiongenius.com/blog/option-friendly-brokers/comment-page-1/#comment-4153 Keldon Ellis Thu, 03 May 2012 19:07:24 +0000 http://optiongenius.com/blog/?p=67#comment-4153 I trade using eoptions, it's 10 cents an option but they do have hidden fees. I trade using eoptions, it’s 10 cents an option but they do have hidden fees.

]]> Comment on Autotrading by James http://optiongenius.com/blog/autotrading/comment-page-1/#comment-4152 James Thu, 03 May 2012 15:11:18 +0000 http://optiongenius.com/blog/?p=309#comment-4152 I have a 401k at work with fidelity. Can I autotrade this account and if so what do I need to do to get started? I have a 401k at work with fidelity. Can I autotrade this account and if so what do I need to do to get started?

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