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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: JimsJeeps who wrote (11122)6/30/1999 9:11:00 AM
From: Victoria Walley  Read Replies (3) of 14162
 
Jim - I just had the opposite experience on the other side. I was trying to sell BTGC July 7-1/2 a couple of days ago and placed a limit order at 1/4. The bid WAS 1/4 and my order did not fill. I don't think I even placed an all-or-none order.

With the bid now at 1/8, I won't bother with the July 7-1/2s and will wait a little while on this one, watching for any pre-earnings hoopla.

Seems to me it has more to do with the lack of liquidity than anything else. Maybe if our orders had been out there at the same time we would have been matched up!

Vicki
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