How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (13432)	11/26/2000 4:26:11 PM
From: Wyätt Gwyön	Read Replies (1) of 14162

Herm, I use mrstock.com for all of my options trading Does Mr. Stock let you route a trade to a specified exchange? I would consider that an important feature. Also, do they use floor traders, and if so, how many contracts do they require as a minimum to move an order to a floor trader? I have used Wall St. Access and Fidelity. WSA will take orders to the floor on 20 contracts or more, whereas 100 contracts is the minimum for Fidelity (so I was told). In both cases, you need to talk to a broker on the phone to route to a specific exchange. WSA lets you enter fairly complex option trades online, but in general their online experience leaves much to be desired IMHO. I have never tried to do anything more complex than a spread, but find even that is hard to get through at Fidelity. In any case, I usually leg it.

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