njholm

Interactive Q&A: Ned Bennett, Co-Founder and EVC of optionsXpress

Hi Ned,

Thanks for the opportunity!

Is there a chance you'll offer the ability to roll with a single fee? Just asking, as a competitor recently made this available.

Thanks,
N

Options Trader: Thursday Morning Ideas

So maybe Joe P was right...THEY really are that good??? Oh, Maybe not we're not at 1400 are we?

N

Options Trader: Thursday Morning Ideas

WSJ news flash: Glad these boys figured that all out...sure hope they're right about that R word thing. If they keep talking about it enough it could become self-fulfilling prophecy...people do notice eventually. In the end it's consumer confidence after all, that makes the machine perk. Larry K is not all wrong, bless his pea-pickin' little heart, with "the greatest story never told" mantra. If people BELIEVE in free enterprise, and BELIEVE that it works, it usually does...glad I got that off my chest, I feel all better now. JMHO.

Greenspan-Don't suppose he's reading today, since we've got our fannies out in the breeze here???

N

Options Trader: Thursday Morning Ideas

GOOG/APPL/QQQQs could have been competing prog trading, one buying, one selling hitting at once

Thanks, hadn't thought of that. Brain must be operating under "cold molasses environment"...hope it's not just too old to work right anymore, HAH.

N

Options Trader: Thursday Morning Ideas

Was that little pirouette (GOOG, AAPL) at 11:15 to get people to buy calls prior to taking this down? The QQQQ's show the same pattern...

It just feels eerie right now.

N

Options Trader: Thursday Morning Ideas

Ameritrade must finally be copping to the fact they're driving option traders away...

Consider This
Single commission for multi-leg option orders

Pay a single commission on vertical and calendar spreads, straddles, strangles, and rollouts ($0.75 per contract fees apply to all contracts traded).

Suppose others will follow suit?

N

Options Trader: Thursday Morning Ideas

Just wandered over to Tom's place...he's calling exp shenanigans on GOOG AAPL.
GOAX no trade zone

GENZ he's just testing the waters as indicated by below
Note: Do not buy this stock based on what you just read unless you want to go bald and lose money.

N

Options Trader: Thursday Morning Ideas

Whatever that was, seems to be settling down for now...

N

Options Trader: Thursday Morning Ideas

AAPL catching huge sell volume...

N

Options Trader: Thursday Morning Ideas

They also just printed a couple one minute candles with $3 ranges...

N

Options Trader: Thursday Morning Ideas

Yes, seeing GOOG bid/ask over $1 different from last...
N

Options Trader: Thursday Morning Ideas

Caught part of Joe P's comments on CNBC a bit ago, but not all.

I gather he thinks the S&P is being pinned at/about 1400 for tomorrow's open because of high option volume at that level...

Are "they" THAT good? And what are the ramifications for the market immediately AFTER their desired result is obtained, if so? Are we looking for a big drop immediately after opening tomorrow AM?

Also, what the heck, I'll admit my ignorance...I didn't know anything settled based on the OPENING price. So exactly what options was he talking about?

N

Options Trader: Wednesday Wrapup

Whew, I found us. For those who haven't yet:

Getting registered is about a 20-30 minute process. Requires you to wait for an email from Seeking Alpha, and you must respond to that email. Only necessary if you wish to comment here...

N