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Politics : Ask Michael Burke

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To: Terry Maloney who wrote (73073)	1/7/2000 8:30:00 PM
From: Knighty Tin	of 132070

Terry, Unfortunately, every option situation is different. It depends upon the liquidity of the issue as to how cute you can be. For example, I played cutesy with the guys on TBH and TMX today and got filled on 5 puts between them. <g> They just didn't have any customer order flow, so there was no reason to stretch a little for my business. Also, it depends on how much you want the piece to trade now rather than later. I find that on straight buys and sells, I get better fills because I am not in a hurry, while I tend to get snookered on my rolls.

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