Options Trading July 2022 - Which is the best platform and rates at the moment for a beginner to start off on?
With a wide array of options trading platforms from TD Ameritrade, IBKR, Moomoo, Tigerbrokers to the latest WeBull, may I seek advice from the experts on which to start off for a beginner who wishes to utilise basic strategies like 'Wheel' 'Covered Calls' 'Rolling Cash Secured Puts' etc.
Thanks in advance!
17
Discussion (17)
Learn how to style your text
Reply
Save
I recommend to use TDA . Easy to use.
Reply
Save
Lim Chun Long Jimmy
10 Jul 2022
Co-founder at PolicyWoke (Traded Endowment Policies)
Hi Han,
I recommend TD Ameritrade for trading options because:
- They support spreads trading (...
Read 4 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
I've been trading options live on thinkorswim (TD Ameritrade) for close to a year. To add on to those who have also recommended the same platform, "TD Ameritrade will not charge you a commission to close out a short leg in any option priced lower than $0.05."
A bit about my live trading history. Last year, my main strategy is bull put spread on SPX. Some time in the beginning of this year, I switched to Poor Man's Covered Call (PMCC) on a few Dow Jones components like MRK, KO and VZ. I've also been selling cash-secured puts on AMC for a while (rolled out twice already, haven't assigned shares yet).