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Non-Tech : Datek Brokerage $9.95 a trade

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To: Bill Edwards who started this subject10/23/2000 11:54:07 AM
From: Jefferson  Read Replies (2) of 16892
 
Option bid/ask prices seem to be higher at Datek than at my Morgan Stanley online account. Has anyone else compared Datek quotes with other online brokerage accounts? I checked several stocks, and most (but not all) the bid/ask prices were higher for both calls and puts, particularly with stocks of moderate to low volume. As long as both the bid/ask prices stay higher relative to other accounts (with similar spreads), I suppose it doesn't matter when it comes time to sell the option, but it does make me a little nervous.
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