Hacker News Reader

I think the margin accounts (gold) is the first step toward allowing Options trading. Excited for this to happen as well. Glad to see a company finally doing a more subscription based model for stock trading instead of the pay per trade rubbish to date.

View on HN

I would not want to trade options on a platform that:

1) Doesn't allow limit orders

2) Goes down with even modest spikes in intraday volatility

3) Markets and caters to "uninformed" flow

I imagine they'll only allow long options or impossible-to-break spreads to limit their risks, if they actually go this route (as evidenced by the severely limited margin given with RH Gold).

> 1) Doesn't allow limit orders

They certainly allow basic limit orders for buying and selling in my experience, though not the fancier types (conditionals, etc.).

Reply on news.ycombinator.com