Are the options trading fees so high?
$Intel (INTC.US)$ Buying options incurs a 10% commission, and selling also requires payment. The trade of Intel options at 3:40 am on Saturday resulted in an account balance of 0.06 million Xin, showing a profit of 2700 Xin, with 4000 Xin frozen as collateral. The next day, the account balance is only 0.058 million Xin, and the frozen assets are back to 0. Why are the options trading fees so expensive?
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104267271 OP : Why is the commission fee so high? Can someone explain it?
AMD支持者 : Intel will be a very hot stock in the future, and it is normal for options fees to start at a high price for all popular stocks.
104267271 OP AMD支持者 : Just asked customer service and confirmed that it is calculated based on the number of sheets, which is fine. However, the handling fee is really a bit excessive, a lesson learned.
AMD支持者 104267271 OP : OP, how many tickets did you buy...
104267271 OP AMD支持者 : The first one is 468, and the second one is 279.
AMD支持者 104267271 OP : Admiring the options guru....
104237531 : $Intel (INTC.US)$ Webull does not charge for stock trading, while moomoo does charge for stock trading. The total fee for Webull is only half of moomoo's.
股往金来 : I sold 152 tickets for more than 5 yuan each, not as expensive as yours.
Mark2024 104267271 OP : You probably don't have a US account. It's very cheap to open an account with a US tax ID.
104267271 OP 股往金来 : It's ridiculous, why did this happen?
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