TDA followed Schwab yesterday in eliminating most commissions for equities and options, matching IB's recent change. Equities are now free, and all 3 price options at 65¢ per contract.
TDA (AMTD) dropped over 25% yesterday on the news. I picked up 25 Jan 17 $50 Calls @ 15¢. Looking to add other strikes and expirys here this week, expecting a price recovery in AMTD as the shock over the fee structure sorts itself out.
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