Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Kenith Lee who wrote (102948)	4/7/2000 5:10:00 PM
From: Goutam	Read Replies (3) of 1575774

Kenith, re: < Which one of you bought 500 contacts of 85's at 2 1/4? Well, I made a big boo-boo right before the closing of the market. I thought I was entering a sell order to sell the Apr85 calls, but instead I entered a buy order for 200 contracts at 2 1/4. :^{ By the time I noticed it, the order went through, because my limit price was set close to the ask price. Now I'm a worried owner of very risky 400 Apr 85 calls. Hopefully, I will come out of it OK on Monday. I badly need an update from any big brokerage houses by Monday morning. My broker has a limit of 200 options max for any underlying stock. My broker's online software usually blocks any buy orders that amount for more than 200 options including any existing ones. This time, for some reason the order went through. I must have been a victim of a bug in their software ;^) Regards, Goutama

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