SI
SI
discoversearch

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.
Strategies & Market Trends : Tech Stock Options
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ViperChick Secret Agent 006.9 who wrote (32610)1/9/1998 12:31:00 PM
From: j g cordes  Read Replies (1) of 58727
 
Lisa, buy and sell programs are just that... computer programs that slice and dice small advantages between markets but with a lot of volume. They're not written in stone, they're written in C++ and who knows what else... with some supervisory staff that make sure the trades make sense before they let the computers do their thing. The orders are electronic and faaaaassssstttter than you can blink.

I've tried to get real time data on them but never could. I suspect when you're on the floor you see it happen in a blitz of basket activity on the tape and a balancing/leveling between markets that disolves the spread. It happens so fast and requires so much money to play that I don't know any individual who's taken advantage of programs other than to expect they might happen for technical reasons and be there before hand with an order to both get in and get out within a probable program trading range.

If you find a size and volume source let me know... thanks

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News