Condor Options

We’re glad to announce that our [tag]iron condor[/tag] membership service is now available to be [tag]autotrade[/tag]d by [tag]Optionshouse[/tag], one of the top [tag]options[/tag] [tag]brokers[/tag] around. While we don’t exclusively recommend any one particular broker, we can definitely recommend that you check out Optionshouse. Their customers report trades filled faster and at better prices than some other prominent options brokers, and you just can’t argue with their commission rates: $9.95 per trade, with no additional contract or per share costs.

We wanted to mention those rates because some of you have had questions about the increased commissions that our ETF-based iron condor strategy incurs. With Optionshouse, an iron condor costs about $40 to enter (4 legs times $9.95), regardless of whether you’re using [tag]ETF[/tag] options, options on a traditional index like SPX or RUT, or options on some obscure biotech company!

To start having our strategy autotraded in your account, you only need to:

1. Subscribe to our iron condor newsletter service
2. Open an account with Optionshouse and contact them to set up the autotrade allocation.