Titanium
To trade the PowerOptionsApplied Titanium recommendations you need a brokerage account that executes covered calls.

Stratium
To trade the PowerOptionsApplied Stratium recommendations you need a brokerage account that executes selling puts.

There are several online options brokerages from which to choose if you don't already have one. If you are new to option trading or if you are interested in changing brokerages, we recommend OptionsXpress.com.

OptionsXpress.com (Member NASD, SIPC, CBOE, ISE and BOX) A premier broker that focuses specifically on options traders. They offer some great online learning resources for new option investors and their commission rates are a low $1.50/contract with a $14.95 minimum (10 contracts = $15.00) and no hidden fees. If you have any questions or would like to set up an account with OptionsXpress, go to the web site, or call 1-888-280-8020.

OptionsXpress.com provides some great features that work with our service...

1. BrokerLink - The PowerOptionsApplied BrokerLink feature allows customers to enter recommended trades with OptionsXpress using a single click.
2. Order Entry - The OptionsXpress order entry system allows you to enter Iron Condors and many other strategies as one transaction with a minimum net credit or at market prices. PowerOptionsApplied presents the expected minimum net credit with each trade. You give your broker a single order to open instead of two or four.
3. Contingent Exit Orders - OptionsXpress supports contingent exit order entry. Contingent exit orders are important for users who are not able to watch their trading account during the market day. These orders allow you to exit a trade automatically when the underlying stock or index reaches a specified price. PowerOptionsApplied provides the stop-loss exit prices with each recommendation. You simply place the contingent stop-loss exit order after your position is open.
4. IRA Spread Trading - OptionsXpress allows the use of many more option strategies in IRA accounts than most brokers. This is especially important with reference to this service since we don't know of any other brokers who allow these "Iron Condor" or vertical spread type trades in an IRA account.