Lesson Overview

Cutting Your Commissions

Each year around the same time I contact my broker to negotiate the commission rate I pay per option contract. I’ve done this consistently for the past 5 years and each time I successfully get reduced option trading commissions.

Before I show you how to go about it you have to understand that you probably won’t get the same exact deal I did here. I have a great commission structure but I’ve been with thinkorswim for more than 7 years now.

Yet the process and logic behind the negotiation will work for you and you have a very high probability of getting some sort of reduction.

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