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 why JP Morgan's You Invest brokerage now offers 100 free trades, but answering the question, “What's the catch?” If you haven’t heard, recently, JP Morgan decided that it was going to get into the personal retail investing space with brokerage accounts through a new company called You Invest. And so, what they’re doing is they’re offering 100 free trades a year to all of the Chase customers and unlimited free trades to customers who maintain large account balances in their account. Now, obviously, this is insanely important and a huge pivotal shift in this industry that I called literally three months ago. I will definitely say I called this one out. I knew this was going to happen. We talked about it in my live stream which I called “the world is flat” and this idea that in the future, all brokerages are going to move to commission free trading. It’s not a matter of if. It's just