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Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe

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To: Ira Player who wrote (1016)10/20/2004 12:49:08 AM
From: LLCF  Read Replies (1) of 1064
 
<Right now, with a bid/ask of 4.2/4.4, you can send in a sell ar 4.3 and it could sit there for hours with the guys in the pits selling to others at 4.4, totally ignoring a valid ask of 4.3.>

WHAT?? Who says? That is impossible.

That used to happens with the STOCKS on the NASD [when SEC got involved]... I've never heard of this happening on the AMEX, CBOE, PCST, or PHILLY... don't now about the new intl exchange but I doubt it.

DAK
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