I currently use Interactive Brokers. Every Friday I place a trade which currently consists of buying 75 combos. Each combo has 3 legs, 2 buys and 1 sell.
The order is placed as a combo order. The commission on these 75 combos came out to $221 today. Basically there are 3 options traded for each combo. Therefore, it appears each option cost me about $1
The order is placed as a limit order splitting the bid of the combo and the underlining is SPY.
Does this commission seem right? Is there…