Does MCTO auto-trade with OptionsXpress or other on-line brokers?
We offer auto trading through OptionsXpress, TradeKing, thinkorswim and eOption. For more information on our auto-trading program please go to AutoTradeProgram. Back to the Top What underlying index do you use in the auto-trade accounts? We primarily trade the SPY in the auto-trade accounts since the brokers require that we keep all of our trades in a single account. Because options on the SPY are available in 1 point increments, it’s possible to still be nimble and “click-up” and “click-down” our strike prices during the month, if required as the underlying index moves, and still keep all of our trades in a single account. The risk/reward characteristics for trades on the RUT and on the SPY are similar, so there is no advantage/disadvantage of only trading the SPY in the auto-trade accounts. Back to the Top Do you send out a monthly auto-trade report to the auto-trade subscribers? Yes, we send out a monthly report to all auto-trade subscribers. To see an example report please go to Au
