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 : The Final Frontier - Online Remote Trading
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Graham who wrote (4220)5/19/1998 11:29:00 AM
From: Daniel Goncharoff  Read Replies (2) of 12617
 
Robert

Thank you for the clarifications. Please excuse the terseness of my posts -- it was not meant as sarcasm, and I hoped for the kind of answer you provided.

I agree that the inability to rely on posted bid/ask quotes is extremely frustrating in option trading, and one of the reasons I have stopped trading options for the moment.

I also agree that an electronic execution system would help prevent this problem -- if you are willing to buy at the ask or sell at the bid, the trade should happen automatically, and I know it does not.

I was perhaps prodded by your original post where you stated your offer was between the bid and ask, which always presents the possibility of nothing getting done, although in other markets one at least has the satisfaction of seeing the order become the best quote on whichever side is relevant. Options have this extra gap in the flow of information, unfortunately.

Thanks again for your time and effort.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News