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TopicStock Topic 34
red sox 777
12/17/21 2:51:58 PM
#457:


Lopen posted...
Yeah. I don't really think too hard about contract costs-- just means you fork over $0.01 of profit on the contract basically. E-Trade charges $0.50 per.

Sitting on 18 3c for this week and 47 3.5c for next week. If we moon this next week I'll be a happy camper to say the least. Still think $4ish by end of day is plausible-- just wait till Robinhood locks out contracts in 15 minutes.

I wish Etrade hadn't been bought out so I could invest in them. This is exactly the attitude I like to see as an investor in a brokerage. That 50 cents per contract is a super profit center for the brokerage. If the customer doesn't mind paying it then I call that value added. Everyone wins!

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