Option Friendly Brokers

Not all brokers are created equal.

In order to trade for a living or even trade profitably, you must have a good set of tools. One the tools that is essential is a good broker. With so many to choose from, there is no excuse for having a lousy broker.

As option sellers, we need to have an option friendly broker. This is a broker than either specializes in options, or considers option traders a very important customer base.

By using an option friendly broker you will get

better commissions
better margin requirements
better prices on your orders
better software/platforms to trade on
better information
and better education

How do you tell if your broker is an option friendly broker?

If your broker advertises on national tv, it’s probably not an option friendly broker.
If your broker is a household name ( they have their name on a stadium), they are probably not an option friendly broker.
If your broker’s [...]