anusha123 said: Which is the best online brokerage if I buy 100 shares and hold for some time ? Fidelity or Just2trade or some other online brokers ? For a single trade, go with the one that will give you the best "new account" bonus for the $. It should cost you less than $10 for a single trade with no maintenance fees. FWIW, Costco Executive Members get $50 with signing up for Sharebuilder. http://content.sharebuilder.com/mgdcon/jump/Partner/Costco/MyCos...
counterkor said: I just got into Options trading too. About to make a 1 day +120% Iron Condor for KORS if it closes between 97.90-99 today. I don't think I'll go back to stocks because they tie up so much of your capital. I also feel like I can sleep better knowing I've capped my maximum loss. How wide were your wings on that condor? I've come to the conclusion with condors that the less time you are exposed in the market, the better, which is why I have gravitated towards weeklies lately. I haven't tried such a narrow condor, though. You said 1 day- did you write the condor on Thursday? Or Friday?
The funny thing about risk and iron condors is that you can make the condor very wide to increase your probability of success, but then you collect a much lower credit and you are actually risking more. Its up to each trader to decide which they think is better.
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