USRX /COMS - and other "stuff" Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : USRX /COMS - and other "stuff"

COMS 0.00130

-13.3%

Nov 7 11:47 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Glenn D. Rudolph who wrote (4509)	5/31/1997 9:33:00 AM
From: Janice Shell	of 5244

Glenn-- More options observations/questions. Just how, I wonder, do the market makers work? Here's something I've noticed more than once (though I've never followed it closely enough to draw any real conclusions): after the market close, but before the close of the options market, bid and ask are adjusted even if no more contracts are traded. Usually both are lowered. In the morning I see the opposite. For example, the other day when I was considering SEGFIs (just as well I didn't do it), they were supposedly asking 1 7/8 just before the options market opened (this according to my broker's info as well as my own). The stock was flat. But when I checked later in the day I saw that the contract actually opened at 2 1/8. This is especially annoying, as you don't know what you'll be paying if you put in a market order at the open. As I said, I haven't kept track of a representative bunch of specific examples, and so I may be imagining things. Any thoughts? Janice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next