NexusFi: Find Your Edge


Home Menu

 





trick to rolling a covered call on TOS but paying only 1 commission?


Discussion in ThinkOrSwim

Updated
    1. trending_up 3,506 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
cwerdna
San Jose, CA
 
Posts: 6 since Jun 2012
Thanks Given: 3
Thanks Received: 2

Ages ago, at a free TD AM seminar I went to (when I first got introduced to covered calls and options), the presenter showed a trick in TOS where you could roll a covered call (probably works on any options, covered or not) but only pay a single commission instead of being charged 2 of them.

Anyone here know the trick? I did it before, I think, but don't remember how. I don't even remember if TOS will correctly show the # of commissions charged in the confirmation/preview.

I think TOS (or someone else put together) a video of the trick but I don't know where to find it.


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
requesting .nrd replay files from 2026 spy and qqq
The Elite Circle
No book, only a stair: journaling fills where price move …
Cryptocurrency
I developed a free AI-powered (Kronos) forecasting indic …
The Elite Circle
[WTS] ATAS Lifetime ULTRA license – EU buyers only – …
Platforms and Indicators
EA
Platforms and Indicators
 
  #2 (permalink)
 
rmejia's Avatar
 rmejia 
Puerto Rico
 
Experience: Intermediate
Platform: thinkorswim
Broker: TD Ameritrade
Trading: Options
Posts: 379 since Oct 2010
Thanks Given: 3,614
Thanks Received: 439

When placing the initial order in the Trade - All Products tab under Spread type choose: Covered Stock. This creates the Covered Call as 1 trade. If initiated this way when rolling over it should roll over as 1 trade as well.


Reply With Quote




Last Updated on July 28, 2012


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts