Join our investing community

Good Online trading platform for covered calls?

Discussion in 'Shares' started by finplan, 1st Apr, 2013.

  1. finplan

    finplan New Member

    Joined:
    1st Nov, 2011
    Posts:
    2
    Location:
    QLD
    Hi All,

    I am looking for recommendations for an online platform which I can buy shares and write covered calls in the one platform. Or if anyone knows of a place to do research that would be appreciated as well.

    My Core Criteria:
    Buy shares & write covered calls in the same platform.
    Able to access both Australian and US Shares.
    Low Commissions for both shares and options.
    An Australian phone number to trading desk in case of problems.

    Secondary criteria (Nice but not important)
    Basic Charting
    Ability to do automatic direct deposits into the account.
    Price alerts to email.

    Thank You for any suggestions or personal recommendations you might have. I am interested in following a Warren Buffet / Benjamin Graham approach to share ownership but I also want the ability to write calls on the shares I own.

    Thank You!

    Finplan
     
  2. Redwing

    Redwing Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    476
    Location:
    PERTH..WA
    OZ or US ?
     
  3. finplan

    finplan New Member

    Joined:
    1st Nov, 2011
    Posts:
    2
    Location:
    QLD
    I was thinking for both US and Australia but probably the US market is more my focus.
     
    Last edited by a moderator: 8th Apr, 2013
  4. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,394
    Location:
    NSW
  5. Redwing

    Redwing Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    476
    Location:
    PERTH..WA
    OptionsXpress is pretty good also, maybe look at playing around with the features using $25,000 in a virtual trade account.