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Strategies & Market Trends : Ask DrBob

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To: herry iball who wrote (76178)3/14/2003 3:52:38 PM
From: shoreco  Read Replies (1) of 100058
 
OT herry, What do you think of this idea...

Today every time I placed a sell order for my calls the spoo's took a little dip, as if the MM wanted me to chase the price of the options down...

Well I don't bite, I just pull my order instead...

How about, short the spoo's then place a hefty size sell order above the market (if it gets hit so what) and watch the MM tease me as I cash in on my spoo's trade...

Then after I'm filled, pull the options order...

Huhhuh??

You like it??

EOM
Shoreco

PS
It works best in the desert when he knows he has no competition...
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