Ok so i have been with tiger for under six months now. Initially i joined to start trading options but as yet have only transferred a tiny amount of my funds from my old brokerage to tiger. Why? Because id have to sell stock with the old broker and buy back on tiger, hence incurring double brokerage fees, yes I could just transfer the stocks, but the fees to do that are even greater. i know, brokerage Fees are small compared to 30 years ago, but i like to take care of the pennies.

But today i had an epiphany. A paradigm shift even. I'll give you one example... with my old brokerage i own $Rocket Lab USA, Inc.(RKLB)$ with an average cost of $4.34. In contrast my first trades in tiger were rklb $2 jan 2026 calls at a $2.50 premium ($4.50) and oct 2024 calls with a total cost of $4.75. So for every 100 stocks of rklb i sell with the old brokerage i will realize a capital gain of over $100, then excise the call options in tiger to make a further $100 ish paper gain here. But im also playing with more money having realized the capital gain with the old brokerage.

Sadly the call options here don't come close to the rklb stock i hold in the old brokerage so i won't make millions doing it. But i can rince and repeat this strategy with other stocks buying calls on dips and selling stock on peaks.

My question is, am I missing something, or is this strategy on the money? I mean i am in the money on my call positions here, but selling the calls would only realize half the return compared to excising Them with more dollars in the bank of tiger.

This mite seem like a rare situation, but im thinking maybe it isn't. Yes tiger is now ten years old, but many new to tiger trade mite have similar issues. We may have built up a portfolio over many years with other brokers, and are a little reluctant to jump ship completely, just a thought.

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