How is optionshouse

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There are also other Optionshouse Promotions below, so check it out after you read the review. Resources: OptionsHouse — Official Site. Click here for the current Verizon FiOS promotion codes and promos to see if you can save more money every month from now on. George Papazov says:. October 11, at pm. Mark says:. August 4, at am. Terry T says:. June 19, at pm. John says:. May 17, at pm. Ken Davis says:.

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I struck up a conversation as if I had basic retirement account and trading questions. The more I asked ridiculous questions, the more polite Mike got, and by the end of it had intelligently answered all of my questions. So, in conclusion, OptionsHouse live chat capabilities, even for non-account holders, did not disappoint. OptionsHouse provides a steady stream of available, free webinars, again not reserved only for account holders. Without being logged into my account I was able to register for upcoming webinars as well as simply watch past webinars right on the OptionsHouse website.

In addition to live webinars, access to live chat, and email, OptionsHouse is of course available by phone 7am-7pm Central Time. All things considered, OptionsHouse provides customer service to back its superior product offerings.

OptionsHouse is often called a discount brokerage house, which makes sense when reviewing price. However, upon close inspection, they seem to behave more like the full-service competition like TD Ameritrade and Fidelity.

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It is mandatory to procure user consent prior to running these cookies on your website. Others write covered calls for income. And a smaller number of investors use complex options strategies that involve buying and selling multiple contracts simultaneously. OptionsHouse caters to all types, as it offers basic options trading capabilities, as well as the ability to place multi-leg options trades for complex options trading strategies.

Commissions for each leg on a multi-leg trade can make for a frustrating experience. OptionsHouse charges just one base rate on a multi-leg trade. Image source: Getty Images. Discount brokers rose to popularity by eliminating many of the costly services of full-service brokers, enabling them to pass on the savings to their customers in the form of lower commissions. As time goes on, though, discount brokers are increasingly offering more research and trading tools to their clients free of charge.

OptionsHouse caters to options traders hence its name and thus many of its tools are designed with a focus on options. The company's proprietary tradeLAB tool enables its clients to view options strategies graphically, charting the the maximum gain, loss, and break even point of a particular trade. Its strategySEEK tool can be used to comb the market for trading opportunities, and find trades to make based on factors like return potential, safety, probability, and potential profit.

Depending on your needs, OptionsHouse probably has a tool for you.