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Selling short and options on scottrade?

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Selling short and options on scottrade?

Postby Guest on Fri Feb 04, 2011 11:38 pm

I used Scottrade for some time now and I have a margin account and everything. I never short sell before and dealt with options. I would like to get into this but IDK the fees and with options I don't know how to trade options.

Can someone please tell me the fees and if I'm using my own money and not borrowing it from Scottrade what do I need to have to make a short sell?

Also, can someone tell me how to do an option on Scottrade and what to look for or a site/youtube video that will help me?

Thank You.
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Re: Selling short and options on scottrade?

Postby Guest on Mon May 09, 2011 9:38 am

Togepi Smokes pot. :shock:
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Re: Selling short and options on scottrade?

Postby Guest on Sat Jun 11, 2011 4:27 am

Thanks for nice information sharing and looking to get benefit from it as soon as possible.....
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Re: Selling short and options on scottrade?

Postby Guest on Tue Jun 21, 2011 8:09 pm

@Ben467961 I WILL FIND YOU :evil:
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Re: Selling short and options on scottrade?

Postby Guest on Tue Jun 21, 2011 8:13 pm

@Ben467961 I WILL FIND YOU :evil:
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Re: Selling short and options on scottrade?

Postby Conner116037 on Mon Aug 01, 2011 10:19 pm

To short anything you will need to have 2k in your account and you will need to go into a scottrade branch office and sign a margin accout paper because you can use margin to short and typically idk about scottrade but fees on options are $19 and i dont think u need any margin for that and you wont need to sign any papers
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Re: Selling short and options on scottrade?

Postby Bella807498 on Wed Jan 02, 2013 3:11 am

Can anyone compare Etrade, Master trader and AMeri-trade brokerage?
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Re: Selling short and options on scottrade?

Postby Brad803228 on Thu Jan 10, 2013 3:15 pm

1.Log in to your account.

2. On top, click on the TRADE button

3. On the top left you will see Options - click options (You must be already set up for trading options in your account. If not you will have to call and get set up. It is not hard just a few papers to sign and send back.

4. When you buy you pick the drop down menu "Buy To Open"
5. When you sell you pick the drop down menu " Sell To Close"

6. You now must pick Call or Put Call is to go long and Put do go short

7. Pick strike price and limit order and hit submit

You can always click on the Option Chain to search through different months, and prices.

We use options, etfs, and just stock shares. Just depends on your trading style.

Have any other questions just ask

Brad

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http://www.stocktraderwinner.com/services/

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Re: Selling short and options on scottrade?

Postby BlackJack on Mon Mar 04, 2013 10:34 am

I have a question myself. I have been short selling and buying on the ups and downs of HEMP. Honestly,not to brag but I have been pretty well decent at this ($2.5 million profit and climbing within 3 months of opening the personal account). My question is if it is possible to short penny stocks in real life.
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(Chivalrous in War, Vigilant for Peace)
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Re: Selling short and options on scottrade?

Postby Larry761687 on Mon Mar 04, 2013 1:52 pm

You can't short sell stocks under $4. It's just too easy to manipulate price of penny stocks.
Price is what you pay, value is what you get -Warren Buffet
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Re: Selling short and options on scottrade?

Postby Joni860038 on Wed Mar 06, 2013 8:09 pm

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Re: Selling short and options on scottrade?

Postby BarrySteinhoff on Wed Mar 20, 2013 1:43 pm

Does any one need a lawyer...or bagels?
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Re: Selling short and options on scottrade?

Postby Mitchell1010220 on Wed Mar 20, 2013 1:48 pm

Spam this number 1-816-607-3360
BarrySteinhoff wrote:Does any one need a lawyer...or bagels?
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Re: Selling short and options on scottrade?

Postby Mitchell1010220 on Wed Mar 20, 2013 1:49 pm

1-816-607-3360 spam this numberrrrr
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Re: Selling short and options on scottrade?

Postby slideshowbob on Fri Jun 07, 2013 3:05 pm

1. You can't short sell an option unless you have $25,000+ in your portfolio.
2. If you're simply buying an option because you think the stock is going down you "buy" a PUT option. That's the equivalent to shorting a stock. Shorting an option requires the highest level of options and requires you to have at least $25,000 in your account. Those are called naked Calls / Puts because you can lose more than you invest, so they require 25k margin per contract you write.

If you want to take advantage of your margin, sell spreads.

Vertical Spreads,
Iron Condor,
Butterfly spread,
etc...

But, you can't sell a naked option with $2000 :lol: they will laugh at you. lol There is no broker in the world that will let you short an option with less than 25k.

If you don't have money, join a prop firm get your series 56 license and utilize their capital so you can trade how you like.
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