Kiplinger’s rates the best online brokers.
Download Option Block 651: Who Is the Best Online Broker?
Trading Block: Irma hits Florida, Jose next? Kiplingers releases its list of top online brokers:
7. Ally
6. Vanguard
5. TD Ameritrade
4. E-Trade
3. Charles Schwab
1. (Tie) Fidelity & Merrill Edge
Odd Block: Massive call vertical in PowerShares DB US Dollar Index (UUP), size roll in Guggenheim CurrencyShares Euro Trust (FXE) and calls trade in Array Biopharma Inc. (ARRY).
Mail Block: Options questions of the week:
As Q4 looms, where are you placing your bullish #Volatility bets? Which has most #Upside by end of 2017? $VIX $AMZN #WTI $GVZ
- Gold Volatility
- Crude Oil Volatility
- S&P 500 Volatility – VIX
- Single Names – $AMZN, etc
First #Harvey, then #Irma, now #Jose & more. We prep houses/cars/family for #disasters. How do you prep your portfolio?
- Get Long $VIX/$VXX/$UVXY
- Go To Cash/T-bills
- Buy Index/Stock Puts
- “Risk Assets” – Gold, etc.
Listener Questions and Comments:
- Question from TT – What does it mean when an options trade is listed as SPIM?
- Question from Mubs – What must I analyze before buying an #option
Around the Block: Irma watch. Will volatility continue to move? The Jose wildcard.