The rates shown on OptionsXpress site for CSE customers are verymisleading and the claim by CSE that the rates at OptionsXpress aregood is misleading. To get the 1.25 per contract rate you must buymore than 10 contracts for an individual stock and maintain over 35contract trades per quarter. The per quarter requirement is OK. Butwho can made 10 or more contracts for every stock they trade.Otherwise the rate is 12.95 per trade of options on each stock. That is 1 conctract is 12.95 or 3 contracts are 12.95 total.
Beware if you are considering using OptionsXpress. I am trying to getinfo from CSE/Joe to see their position since they are pushingOptionsXpress.
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