How do options work etrade

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Overall, would recommend. Ease of margin account setup is appealing. Linking to my external bank account is simple, user friendly, and was instant rather than the two day wait I experienced with another outfit. They have the usual amenities like free trades, and their online analysis tools work well for me. I would recommend eTrade for new users, and the tools allowed me to grow as an investor. Can be found this website on searching google "online trading in US" as related search.

A Brief History

Not much easier but can be found related searches on google. The First look the of their website is good for me because it showed simple 4 steps to start invest so it is easy to start. But I need some more info before start so I browse whole page and I found the required info so, it is good. Signup process is not too much difficult, but it took time, it could be more easy. And at Last the overall features are good options.


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And Anyone can start trading online after funding. Some offers time to time might be more helpful to increase their users. I need to know how much money is in her account before I start the laborious process of getting my siblings in various states to get documents notarized, etc. Because she was just getting online statements, I don't know what the balance of her account is. I asked if they could send a paper statement and provided the documentation to show that I am the executor of her will and trust.

The representative several times said that he would send a statement to the address on record, which he never did. No , no statements. It really baffles me that some brokers think they can always get away with taking your money. Tried a couple of chargebacks, nothing worked until I found a good lawyer off globalreclaimai. If you ever have to talk to a live person you might as well pack a lunch. You can not talk to anyone unless you wait on hold for an hour plus. Their chat is an hour and a half wait minimum They send you messages to call them, about your account - instead of sending the info via message they want you to call them and wait, wait, wait.

It is and they don't even have the option to get a call back when it's your turn. If you get to someone and they can not help you, expect another hour or so wait Over an hour right now on a Saturday night when the market is closed and they should have very little phone volume. The absolute most frustrating company I have ever dealt with I really don't understand how they are even in business????? I've been trying to get information for over a month and they refuse to give a straight answer on how to get your money back from them.

I have opened up another account with a different trading company and can only hope I will get my money back.

Exchange Traded Options

Do not trust this company! I decided to make a small deposit here to have some fun trading stocks. Money was deposited, some stocks bought. About a week later I see my account in arrears for 10x what I deposited and that I had a cash call. I don't play options just simply buy and hold. I immediately called and waited an hour on hold and then another minutes waiting on a supervisor.

I was told they would look into and a note would be placed so that the stocks I owned wouldn't be liquidated. You guessed it, 2 days later my money's stocks and money were gone. I'm now on the phone for the 3rd time on hold really waiting to see what's next. I guess it is off to a lawyer. Mistakes happen. A true judgement on the company isn't on the mistake but how they handle it. These guys get 0 stars for that. Sign up to receive our free weekly newsletter.

We value your privacy. Unsubscribe easily. Find a financial advisor near you on SmartAsset Ad. How do I know I can trust these reviews about eTrade? Read full review. Learn more. If my put option reaches expiration on etrade and I don't log in to the site will it automatically exercise if it's in the money or be a total loss?

Ask Question. Asked 8 years, 11 months ago. Active 7 years, 6 months ago. Viewed 26k times. Improve this question.

Palace Chan Palace Chan 1 1 gold badge 2 2 silver badges 3 3 bronze badges. Have you tried asking etrade?

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Add a comment. Active Oldest Votes. There are a number of choices: The broker can execute and immediately buy the stock to close the position The Put gets executed and you wake up Monday to a short position and possibly a margin call The put was not sufficiently in the money for either of the above to occur automatically.

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E-Trade confirms it halted GameStop and AMC stock, will let you buy some Friday

Scalping expiring options - high risk The option expired a penny or two ITM, and was not worth exercising, nor did I have the purchasing power to exercise it. Sign up or log in Sign up using Google. Sign up using Facebook. Sign up using Email and Password. Post as a guest Name. Email Required, but never shown.

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