8. Broker Selection

To enhance your success at trading options, you must give careful consideration to your choice of a brokerage firm. If you were going to trade only stocks, there are plenty of brokers whose services are adequate. To trade options, you must be more selective in picking a broker.

Most brokerage firms now provide the means for you initiate trades via your personal computer. To trade options, you definitely need the ability to enter your own trades online. Options prices move too quickly to rely on phone orders. There are now many brokers referred to as online brokers, but having that designation does not necessarily mean the brokers are options-friendly. You must look carefully into the services of online brokers to determine ...

Get Learn How to Trade Options (Collection) now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.