Options for Newbies -(Help Me Obi-Wan-Kenobe) Message Board

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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: wmwmw who wrote (848)	5/28/1998 10:15:00 AM
From: MJR	Read Replies (1) of 2241

Wang: It can be a AON order.. most brokers provide that as an option. Thus, if your order is posted as AON, you will not get a fill until all 100 contracts can be bought or sold at: a: the limit price if you specified it as a limit order b: the best available market price if this is a market order. 100 contracts is very large.. In low liquidity contracts this may be a problem to get filled on an AON basis.. Mike

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