Etrade

January 26, 2009

Online Trading: Buying before the Stock Market opens?

trading puts calls
Anas A asked:


Hi,
Is it possible if you have an online account in etrade, scottrade, or whatever other brokerage firm, CAN YOU BUY a stock before the stock market opens (”before ringing bell”) like an hour or two hours before for example at 7:30 AM or 8???

They usually call it before market trading, so does your order not get through until market opens or can you buy the stock directly after you put your order in the online account..
Thanks
for example: TT shares went up 23% before market opened and it began rising from 8:00 AM,,, could I have bought some shares from my online account at that time???

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October 27, 2008

How to buy calls and puts exactly?

trading puts calls
Ivan K. asked:


I think I will begin my first option trade on the upcoming Monday,Sep 22nd (Is it the first day of the new options?) I just have a couple of questions that I have not cleared.

I’m currently trading at Etrade. Let’s say I want to buy 10 calls of LEH, what do I put in the contract column? Is 1 contract = 1 call or put?

Now I want to realize my profit before the expiration date(3rd Friday of each month before 4:30PM, right?) Should I use Sell to Close for my calls or puts? What exactly do I do if I want to exercise my options instead of realizing them?

If you were to buy options, which sector would you choose? I think I would choose airlines.

Thank you so much for your answers.

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October 9, 2008

How to buy calls and puts exactly? and about Lehman Bros?

trading puts calls
Ivan K. asked:


I think I will begin my first option trade on the upcoming Monday,Sep 22nd (Is it the first day of the new options?) I just have a couple of questions that I have not cleared.

I’m currently trading at Etrade. Let’s say I want to buy 10 calls of LEH, what do I put in the contract column? Is 1 contract = 1 call or put?

Now I want to realize my profit before the expiration date(3rd Friday of each month before 4:30PM, right?) Should I use Sell to Close for my calls or puts? What exactly do I do if I want to exercise my options instead of realizing them?

Anyone think LEH will survive by miracle? If you were to buy options, which sector would you choose? I think I would choose airlines.

Thank you so much for your answers.

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