The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to be talking about the impact of Interactive Brokers, Charles Schwab and TD Ameritrade now all going commission-free. If you have been living under a rock for the last two weeks or so in the options trading industry, the big news that you may not have seen is that pretty much all of the major brokers have capitulated and have now gone to a commission-free pricing structure. And this is something that we predicted here many years ago at Option Alpha. In fact, a lot of people have already messaged me and said, “Hey. You guys said that this was going to happen.” But I don’t think it’s actually done. I think what is happening right now is just literally the very beginnings of a true commission-free structure for all of these major broker platforms. Actually, a lot of these broker platforms capitulated within a 36-hour window. We had Interactive Brokers and their new IV edge program or edge trading softw