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Strategies & Market Trends : January Effect 2003

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To: Londo who wrote (448)5/6/2003 12:47:35 PM
From: RockyBalboa  Read Replies (1) of 666
 
Nasdaq baffles me,... yesterday around this time i got a put at roughly the price they trade now, ... and I was able to drop them today for a profit. I wonder whether I should repeat the exercise (but this would require a selling of the same scale, which was in the 1%+ range).

Received a funny error message when i wanted to enter a scale order in options ("Threading error", after it placed 2 of the orders). Options trading is quite useless, in general. Its not liquid, and as a customer, I can not place 2 sided orders, so I need to do the order placement in a separate program. Also, the cancellation fees pile up, if an order need readjustment (and thats often the case).
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