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-----Original Message-----
From: Tim Ryan <tradert@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Sunday, August 02, 1998 3:06 AM
Subject: Re: Day trading futures options.
>Finally, transaction costs are much higher for option trades (depending
>on the firm used of course) which could make day trading options (which
>by definition will require a large number of trades) very expensive and
>could indeed put your whole trading into the red even if you are correct
>in your market trades.
Hi Tim,
Actually commissions for options are getting better. Dreyfus at
www.tradepbs.com is $1.75/contract with a $15.00 min. each way. A round
turn of 10 contracts only costs $35.00 This is much better than most firms
(Schwab is $100.00+- for the same trade).
Good luck and good trading,
Ray Raffurty
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