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kccqzy
on March 4, 2020
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An Update from Robinhood’s Founders
What kind of options are you trading such that the fee of a few cents per contract is noticeable? The bid-ask spread is wider than that.
benmanns
on March 4, 2020
[–]
I don't want to reveal too much, but basically undervalued far OTM spreads. I usually net -$0.02 on each trade but occasionally earn $1-10. If I use a "real" broker and pay $0.10-$0.65 per contract the math just doesn't work.
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