tony...option executions
most options are traded on multiple exchanges. i've found the majority of brokerages do not give priority to option orders. they tend to route to one exchange, where your order can stagnate, while other exchanges fill same type of order.
i moved my account to wall street access, have had no problems, on ten or more contracts they will route direct to a floor trader, i can see real time quotes and exchanges, which in a fast moving market allows me to make adjustments in my order.
early morning sometimes best to set a position, before volatility moves rapidly in either direction....but it entails more risk. i tend to decide my entry, monitor closely, fine tune, and live with what i am satisfied with!
what brokerage do you use? |