Tastyworks is coming | Aussie Stock Forums

Easy,

But you would have to be an option player to understand.

Years ago a piece of software came out called ThinkorSwim, this piece of software was the oracle of options trading. Still is IMHO.

The ASX regulators went into protection mode and kicked them out of the Aussie market in about 2008ish i think. They did this because the ASX regulator are dickheads and they were enjoying charging end users PER QUOTE at the time.

So for the last decade, all of us option traders have been relegated to either paying $30 a side for an options trade in this country or going to a discount broker like IB or OptionsExpress to be able to make any income trades.

Tastyworks will bring a TOS like platform back to the Aussie market, but here is the kicker, not only is is directly aimed at my style of trading which is premium selling BUT, commissions are US$1 per contract and US$0 for a closing trade.

I make about 10-12 trades a day, work that out at about 6-10 bucks a side and you will be on the same page.

THAT IS WHY I AM EXCITED !!! With this – i have added some serious cash to my bottom line each month.

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