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Strategies & Market Trends : Options

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To: Bridge Player who wrote (6236)4/10/2000 12:55:00 PM
From: Jeffry K. Smith   of 8096
 
BP,

Schwab does give visibility of the different quotes on multiply-listed options via their 1-line quote window, but does not offer the routing unless you call and talk to an option trader. In the quote window, if you add a .ao, .co, .po, or .xo to the option symbol, (x is Philly)it will give you the current quote (and that days volume as well) on that
specific exchange.


Adding the .po, .ao, etc. to quote requests in the upper area of quotes (up to 10 at a time) also works. You can then watch the price of the underlying and the various quotes on the exchanges in relation to each other.

I wish they would allow routing, because it is frustrating to see a much better bid or offer and have to make a call to get it.

Left clicking on the option symbol on the upper area, and choosing "open in new window" will tell you what the primary exchange is.

Best,
Jeff Smith
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