Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.69

0.0%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: y2kate who wrote (53434)	12/10/1999 2:40:00 PM
From: codawg	Read Replies (1) of 152472

Unfortunately, this is standard stuff - especially if the option is thinly traded. There's usually no one else out there to take your limit offer at just over the bid price, and the MM will wait for you to come to him. Unless there's a third party out there willing to match your order, the MM is in control. What really chaps me is when you put in a market order expecting to take the ask, and the MM moves the ask UP while the underlying stock doesn't move. Then he moves it back down to attract fresh suckers. Been trading options for awhile and I've seen it many times. Changing brokers probably won't help unless there's a problem getting the order to the MM. Good luck.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next