Ask HN: Best way for individual investor to take short position in tech stocks 11 years ago
The fees for options at TD Ameritrade and Schwab are $10 + $0.75 per options contract. Forget the $10 base fee, if I understand correctly it's the per contract fee that's exorbitant. Take the QQQ ETF: put options that are a little out of the money cost $2-$3 each, so the 75 cent fee is around a third of the investment amount, and if you incur another 75 cent fee per contract if/when you sell then it's even worse