Calls and Puts for Income Message Board

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Strategies & Market Trends : Calls and Puts for Income

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To: Debt Free who wrote (4880)	4/28/2011 4:04:03 PM
From: dealmakr	Read Replies (1) of 5891

Hi DF, If the stock isn't traded in .01 increments and listed as such by the exchange than the default pricing of .05 would come into play. The trade in between could be the result of a market order or in house cross. I did check the option chain for ODP at Atrade and the .05 increment default showed up. However this same .05 default screen also showed up last week in doing a trade on IWM where the options are listed as trading in .01 increments, so maybe check with your broker to see whats up as I did when it also happened to me at Atrade Good Trading dealmakr

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