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Politics : Ask Michael Burke

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To: Exacctnt who wrote (83074)8/17/2000 5:23:49 PM
From: Exacctnt  Read Replies (1) of 132070
 
Anyone know where I can get a list of the trading prices for a given stock during a specific time period in a day?

I had put in a sell limit order (at Schwab) for a NTAP August 70 call option for $25. I didn't see my ask price in the real time quote listings and the underlying price of NTAP blew past $95. Since I wasn't filled when the real time bid price went above $25, I quickly canceled my sell order and received verification of the cancellation. As the bid for the option went to $26, I entered a market order to sell the option. Once the order was received, the bid price was as high as $27, however, my order still was not executed. Twenty-nine minutes later, my market order to sell was executed at $24.50

Am I right to demand from Schwab why my order was not executed timely? Do I have a legitimate reason to demand a better price?

By the way, I am fully aware of the dangers of market orders. In this case, timing is the issue.

<TIA>
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