Posts Tagged ‘OptionsHouse Reviews’

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OptionsHouse New Offer: Receive 90 Days of Free Coaching on Stock Market Investing

Sunday, June 6th, 2010
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OptionsHouse recently announced their latest offer that provides free access to their proprietary coaching service for 90 days. If you are just getting your feet wet in the stock market, OptionsHouse coaching program can actually come handy. Its actually pretty cool because its like a classroom environment where there is an expert who discusses the major points in investing and he goes over the basics. “Student Investors” can participate and ask questions. So that way it becomes an interactive session unlike the YouTube videos which I had to use when I wanted to learn Options Investing :) If you are already into investing, OptionsHouse has some advanced tutorials also that you can get access to. On top of that, OptionsHouse also provides one-on-one coaching to the interested candidates. That can be very interesting to new investors who don’t know what it means when there is a pump and dump going on or stuff like that. Join their coaching program and pick up some of the basic stuff. Now keep in mind that NO ONE can teach you how to trade! You have to have it in you to be able to identify opportunities and make some green bucks from it.

In order to subscribe to this service, all you have to do is following:

1. Open a new OptionsHouse Account

2. Fund the account with at least 1,000$

3. Thats all, there is no third step :p

Total value for this subscription is $347 value!! Defineteley worth a try when someone else is paying for it!

You can click on following banner to land on the page that talks more about this offer:


My opinion:

I maintain a small portfolio with OptionsHouse. OptionsHouse is the cheapest stock broker out there currently with their flagship 2.95$ / trade offering. OptionsHouse is not the best stock broker out there in terms of their systems etc. But you cannot beat their pricing, so I have opened an account to use their pricing but I do not keep my fast moving stocks there. OptionsHouse also is giving away 100 free trades. If you were with TD Ameritrade OR Etrade, that is a 1,000$ worth of stock trading! OptionsHouse is becoming a must-have brokerage account with all their mind-boggling pricing and insanely good offers.


100 Free Trades. Visit OptionsHouse.com Today!

To read more reviews about OptionsHouse, you can visit: OptionsHouse Reviews

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Posted in Brokerage Firms News, OptionsHouse Reviews | 2 Comments »

Delayed Buying Power Calculations with OptionsHouse – Scam?

Monday, May 3rd, 2010
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I don’t know if this is just me being impatient or OptionsHouse just does not have their crap together. I canceled an order today for around 10,000 shares of a hot stock because I believe it was getting the time for a pullback in the market for it.

My 5000$ have been stock with whatever! Why are they not showing up for me to place more orders. I cannot even place orders now with them, so I have to turn to my Zecco account which turns out to be awesome. Only thing is that with Zecco I end up spending slightly more.

With experience in dealing with OptionsHouse, I have come to the conclusion that they have a LONG way to go. However due to their extremely low rate, keeping an account with them is still worth it. Just throw in few thousand dollars in it and use it for long term investing needs. Because that way you are not desperate to execute an order and not have to depend upon OptionsHouse system at the last moment.

Btw did I mention OptionsHouse does NOT work on safari, thats told school my friend. Get your act together and let it run on major browers at least.

Further Links:

10 Free Stock Trades every month

100 Free Trades & 2.95 per Trade After that

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Posted in How to choose a brokerage firm, Learn how to invest, OptionsHouse Reviews | No Comments »

OptionsHouse Scam? Miscellaneous Charges On Top of Base Charge

Saturday, April 24th, 2010
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OptionsHouse is the cheapest brokerage firm out there. It is running a special for free 100 trades with new accounts and 2.95$ per trade thereafter.


100 Free Trades. Visit OptionsHouse.com Today!

Do not trade Penny Stocks with OptionsHouse

However that pricing has some hidden fine print if you wanna put it that way. OptionsHouse flat rate pricing is not really flat rate. They have misc charges based on the type of equity. For example, if you are trading some Penny stock which is worth 0.005$ per share, and you want to buy 10,000 shares, OptionsHouse will charge you 2.95$ + 0.005 per share up charge. I was trying to buy 1000,000 shares for BIEL and I was stumped by ridiculous trade charge that showed up. I called up OptionsHouse and they explained to me that any stock below 1$ can carry such a charge. Well that sucks!

Several Stocks are not available on OptionsHouse

OptionsHouse does not let you trade all the securities. It does not have access to lot of below 1$ stocks. I could not figure out why it is that way but I ended up using my Zecco account instead of OptionsHouse every time I ran into that problem.

OptionsHouse is really cheap for mid to large cap stocks

I use my Zecco and OptionsHouse interchangeably. My first attempt is always on OptionsHouse though just because its cheap and stable. If that does not work, Zecco is always working.


100 Free Trades at OptionsHouse.com

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Posted in How to choose a brokerage firm, Learn how to invest, OptionsHouse Reviews | No Comments »

Citibank – C – Is this a good time to get in?

Tuesday, March 16th, 2010
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First of all anyone who is looking to invest in C anytime soon, needs to put all their emotion aside. I usually find people having a real love-hate relationship with stocks. If you are a day trader and love the stock when it moves 2% up and get sad when it moves 2% down, small changes like that should not really bother you.

That is exactly what is happening with C right now. People who have lost bunch of money (who got in early last year at rates much higher than current rates are crying wolf right now. Honestly speaking I like to take some risks so I personally let the stocks fall to the rock bottom and start rising again, thats where I like to get in. So guess what I did, I purchased around 3000 shares when C was trading in the vicinity of 3.28$ and I was not sure how high it will go. So when it breached 3.5$ mark, I set a limit order to sell at 3.6$. To my surprise my order went through the same day. All this happened last week. March 2010 so far has been my lucky month.

The trick to the game with C right now is that you either play it as a day trader, with all that short term volatility, or you buy it and hold it as an investment, i.e. for over a 12 month time horizon.

Obviously today, March 16th is critical as it is the end of the lock-up period for the US government’s holding of preferred shares. One thing that comes out of this is that a lot more clarity should be forthcoming once the government’s intentions become visible to the market.

So, it’s play with the short term-ers, or take the longer view as a portfolio investor. You are the only one who can make that call. But the bottom line is that if you are able to get in with a price in the vicinity of 4$, you are almost guaranteed to make decent return in next few months.

You might want to take advantage of 100 Free trades from OptionsHouse to avail this opportunity with C. OptionsHouse is giving away 100 free trades if you sign up before April 30th 2010. All you have to do is open the account and make a deposit.


Looking For a Better Broker? OptionsHouse.com

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Posted in Stock pick, Uncategorized, share trading offers | No Comments »

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