Option house trading platform

TRADE web platform is the original place to invest online, and still one of the best. Investments in securities and other instruments involve risk and will not always be profitable including loss of money of principal. The mobile companion to our OptionsHouse platform is a powerful and ever innovating mobile platform built by traders, for traders. All the tools any trader or investor needs to research investments, track the markets, place trades, and hone their skills. Diversification and asset allocation strategies do not ensure profit or protect against loss of money in declining markets. TRADE is our most powerful platform for active traders. Projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature and are not guarantees of future results. You are solely responsible for your investment decisions. Read the OptionsHouse Blog: www.

Subscribe to our YouTube channel: www. Neither OptionsHouse nor any of its employees, officers, shareholders or affiliated companies guarantee the accuracy of or endorse the views or opinions of guest speakers or commentators. Follow OptionsHouse on Twitter: www. Any examples used that discuss trading profits or losses may not take into account trading commissions or fees. For more information, visit: www. You can place virtual orders, monitor virtual stock performance, and use the tools, charts, and news features to perform research.

The four navigation tabs at the top let you jump between your account information, stock options, research, and OptionsHouse tools. These features function the same as if you were using the real OptionsHouse trading platform. The Account tab displays your basic account information, such as your account value and cash balance. Virtual trading allows potential investors to test out strategies and learn the basics of investing. But the platform provides an excellent way for beginner investors to become comfortable with the stock market. For experienced investors, practicing your investment strategies in the OptionsHouse virtual interface might not be very beneficial. But investors will benefit from trying to make their virtual trading world as real as possible. The research tab predictably allows you to research a stock in more depth, reviewing such things as price charts, analyst opinions, and basic company information. You can also review general market performance.

You can buy or sell a stock on any of the sections connected with these tabs. Might be worth looking into? Lastly, the tools tab gets you to a range of research tools provided by OptionsHouse. This tiny light bulb button on the bottom right allows you to mouse over links, tools, tabs, and text to get more information. To open a virtual account, go to OptionsHouse. However, investors practicing in the virtual trading world should still do their best to imagine they are handling real money.

OptionsHouse is a popular online discount brokerage house. By using virtual money, the OptionsHouse virtual platform helps potential investors overcome some of these worries. These include price, type of option, and expiration date. The real possibility of loss of money can scare people away from exploring the market. Although the platform has a very nice layout, its wealth of features can be overwhelming at first, particularly to beginner investors. The virtual platform looks and functions just like the real OptionsHouse platform. The world of investing can be intimidating to someone who has little experience researching stocks and navigating price charts. Clicking the option tab displays the complete list of options for a security. Trade acquired Aperture New Holdings, the parent of OptionsHouse, last summer, the firms spent a year working through the integration.

TradeKing you can open an account without having to deposit anything at all. If you find this useful you can take it one step further and arrange one to one coaching with an experienced trader for an extra fee. One of the first steps down that long road is choosing the right broker. OptionsHouse is unique in that they offer interactive investment coaching. But trading options is fraught with danger, whilst the rewards can be great the pitfalls are huge especially for a beginner. But far be it from me to dissuade you from trying, we all have to learn somewhere right? If options trades make up the majority of your trades then OptionsHouse is still a good bet, due to the extremely competitive pricing, world class options platform and excellent customer service.

TD Ameritrade or Scottrade. This is perfect for rookie traders to learn the most profitable strategies for buying and selling options. It would be nice to see them make a few more funds available. Because OptionsHouse were formed by PEAK6 Investments they have considerable experience with proprietary trading platforms. OptionsHouse offer some of the lowest fees of any mainstream broker. To find out lets take a closer look and see if they stand up to all the hype.

OptionsHouse were one of the first online option brokers. Check out Optionshouse now! This experience shows in their retail platform which is one of the most comprehensive around. What I can do though is point you in the right direction. Their fees are considerably cheaper than the like of Scottrade and even TradeKing. These kinds of webinars are incredibly useful and much cheaper than paying to attend a trading seminar from a so called expert.

Are they a good bet? If however you have a more balanced portfolio, or your managing your own IRA then there are better brokers to choose from. Trading online is one thing but what happens when things go wrong? This is in stark contrast to other brokers who make use of third party software to deliver an altogether unsatisfactory trading experience. Are OptionsHouse the Right Broker For You? OptionsHouse as the name suggests offer an excellent range of options, but other securities like mutual funds are sadly lacking.

Options are probably right at the top of your list. Does a surgeon practice on live patients? OptionsHouse provides a virtual trading environment which mirrors the live environment precisely. This again is a very competitive price and serious options traders will have a hard time trying to beat it. Virtual trading is a fundamental part of your trading education and as such the virtual platform should match the live platform in every way possible. Be aware if you commonly carry a margin balance, to plan for this type of thing to happen once in awhile. Will you trip up here or there? When I am not looking they seem to work, but I guess very delayed. However, the site does track all kinds of market activity that may be useful when looking for a trade, and also has cool options screeners an so forth.

While OH reviews rightly say the research stuff is minimal, they never include the good stuff available. IB Brokers and Tradestation have much better commissions AND customer service. Do not expect a timely answer when using email. Just yesterday I had the brokerage open on one screen, saw the stock dipped below stop. Telephone support is good. Good luck, and many happy trades to you. They managed to add another window to the buying and selling process with the merger lol. Stay Away from Options house which is apparently been purchased by ETRADE.

This firm makes little pretense in the research area. Overall I would recommend them. Funding was another story. DO NOT OPEN an account with this company. Over the years I have had some issues, a number of them were on their end. There are no artificial, firm created, minimums for doing things like selling puts. TradeMonster merger, I can say I have a pretty good grasp on their holistic service.

Handy is just about anything actually wanted in order to trade. Nobody will give my an answer why they are closing my account. Secondarily, OptionsHouse took the other side of the trade today and started SELLING puts into my strike price which resulted in further depressing the value of the puts I purchased yesterday. Been with them for a while and like it. If you have the cash or margin available, you may sell a put. Oh and by the way, some of their reps were really cordial, but there are reps there that are rude. While these actions may not be illegal, they are unethical. Im glad I did not get to find out what their other issues are, and hopefully this pattern of reviews will either serve as a warning to others, or the management of the optionshouse will use it to make improvements in their processeses, as I believe they are loosing out on business.

Options House will no longer be able to service your accounts going forward. Now when you want to buy an option, you click through three windows, change some numbers etc. Not all stock symbols were affected this last time, but only things that made sense such as leveraged 3x ETFs. Good Value, Bad for Research. Options have their own tab found on the main trade screen. If you want some help with account information, give them a call. Options House currently is offering about the best deal for people who use options. This common sense attitude prevails for everything they do. There are mixed reviews out there, as expected, but the experience I had with them definitely rings true with a lot of reviews I read.

It will take a while to know where to find everything not directly needed for trading. Many, many other firms will let you short a stock, but not sell a put, even if you have the cash to cover the strike price sold. At some point, I received a welcome email stating my user name and temp password, but when I went to set my account, I had no access to my account. Most of all, OptionsHouse is appreciated for giving its users the opportunity to trade stocks, options and futures with absolutely great and highly competitive conditions. In any case, OptionsHouse belongs to the leaders in the competition. Even when OptionsHouse got the FCM status, the low commission rates for trading futures were not changed. Here, you can choose single options and strategies to place your orders more than comfortably directly on the website.

Beside the regular trading, there are articles, a blog and webinars to give the users the opportunity to learn more about stock trading and investing on this platform. In addition to this, you find a big choice of frequently asked questions that may also be helpful to get basic information. So, every change the user makes is saved in the profile and it will always be available, all the same where and with which device you get access to your account the next time. By using a simple drag and drop interface, the traders are able to change these groups and to adjust them to their personal needs and preferences. TradeLAB enables its users to analyze trading strategies with individual metrics. The fees and commissions are simple and there are no hidden charges. Millions of possibilities are calculated and the results are shown in milliseconds.

Here, the users have the opportunity to trade with proven, trustworthy options chains, reliable charting and even a supercharged analysis tool called TradeLab. This one belongs to the most effective mobile apps being available in the business so far. Another significant kind of assistance is given by the alerts that the users receive in the very moment when an event happens. It is designed for be easiest possible handling. The service combines a giant range of available investments with extraordinary tools and competitive fees. PEAK6 Investments founded the OptionsHouse, LLC in Chicago in 2005. One more highlight that OptionsHouse offers is a tool called strategySeek that enables the users to watch live market data being based on their individual criteria. However, OptionsHouse presents itself as being built for active traders and promises that the more you trade, the greater your benefits may be. The investors are able to place the orders directly on the OptionsHouse trading platform or by using the mobile app that OptionsHouse provides.

On the website you can also find press releases and you can check the blog. It creates a list of matches making it even easier for the traders to analyze the market and to place their orders even faster. All tradeable securities are automatically grouped by OptionsHouse. Above all, active professional traders and investors appreciate OptionsHouse for being one of the most customer friendly online brokers in the market. OptionsHouse and also a good reason why OptionsHouse belongs to the very best platforms for option traders. If the users add this option to their account, it is streamlined and it includes access to beneficial cash management features.

But this is not all yet. In addition to this, you will save money. When the users finished their analysis, it is all not difficult to import the data into a trade ticket, to find the perfect position size and to place the trade. The impressing amount of data and the behind the scenes calculations are making the recommendations truly reliable. This enables the users to find implied volatility, quotes and deltas in an instant. TRADE are joining forces! The option chain views are not difficult to handle, not difficult to use and not difficult to customize. What is OptionsHouse and what do they offer?

Beside this, it is constantly recognized for its outstanding mobile platform. Trading equities with OptionsHouse means taking advantage of an outstandingly advanced and intuitive platform that is amazingly not difficult to handle. Check the offers out to see that you will find a perfect combination of some of the most efficient and capable technology in the market with some of the most attractive value. It allows to place orders, to set alerts and to watch stocks and also a direct connection with your bank account. All this is possible because amazing automation capabilities are used for the platform consisting of only four primary screens for stocks, options, details and tools. For well informed decisions, there is a Spectral Analysis including all kinds of necessary data and also Risk Metrics. The included strategySeek option screener tool shows the very best options at the very moment. The products, the tools and the customer service are on a high level and constantly improved and the amazing speed of the trade execution is another significant advantage on this platform. Here, the users benefit even more from the highly competitive rates the more they trade.

Beside the main business, OptionsHouse offers additional services and exercising. With the help of tabs they can navigate through the primary screens that they just minimize to open them again in the very moment they need them. Trade bought OptionsHouse, but also since that latest change, OptionsHouse goes on operating as an independent platform and brand. All this makes your analyzing, your research and your trading amazingly not difficult and fast. This is a helpful way for new traders to test their strategies and to develop their techniques before risking their own real money. It is also important that OptionsHouse exists for so many years, being proved by the high number of traders trusting in this platform and by the mentioned awards. Where OptionsHouse falls short of peers like TradeStation is having fewer technical studies and offering limited educational resources.

The trend of major brokerage firms snapping up smaller options brokerage firms continued in 2016 when ETrade acquired OptionsHouse. OptionsHouse makes a compelling case to active options traders seeking to keep transaction costs under control. OptionsHouse targets active, experienced options traders who trade frequently and reward them with highly competitive commission rates relative to industry peers. In 2009, TD Ameritrade purchased Thinkorswim and in 2011 Charles Schwab acquired OptionsXpress. Poor Customer Service: Commensurate with the lower cost structure is inferior customer service offerings compared to the likes of TradeStation and Thinkorswim. OptionsHouse may change this as time goes by. Options traders too will be pleased by a comprehensive tool suite, top notch virtual trading platform, paperTRADE, and options educational resources. As its name implies, OptionsHouse specializes in serving options traders but the OptionsHouse trading platform makes a compelling case to equities traders with its flat rate commissions.

Technical Chart Studies: By industry standards, OptionsHouse falls well short of its peers with fewer than half the technical studies available on average at rival brokerage firms. Fee conscious traders wishing to avoid the monthly maintenance fees and data feed charges incurred elsewhere will be pleased that OptionsHouse has no such penalty fees.