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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST
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To: Oral Roberts who wrote (31723)6/21/1999 11:41:00 AM
From: MIKenn  Read Replies (2) of 45548
 
Jeff,

I reread your post and misunderstood.

You did not say that your broker fails to execute an option 2 points in the money. My mistake.

However, I'll let you know that Ameritrade charges about $18 to execute an option. It automatically executes if the option is 1/4 or more in the money.

I objected to Kirby's blanket definitive statement that brokers will not execute an option upon expiration. I thought the poor recipient might skip a beat if he did not realize that Kirby has no credibility or was simply wrong. That is why I qualified my response by saying it was based upon personal experience.
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