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Strategies & Market Trends : Tech Stock Options

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To: eabDad who wrote (44178)6/1/1998 2:32:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 58727
 
First, I'm Dwight, and second, I sold the MSH 555 on Thursday the 28th for an after-commissions loss of $37.55, having bought them on Tues the 26th. There wasn't any confusion on that trade, other than less-than-optimal entry and exit points, which was my fault. The confusion I had Friday was over the two order entry screens. But I shouldn't have been using the first order entry screen to get quotes, so I was sort of asking for trouble. Two screens, it's not really that complicated, and that is the only time I've "accidently" placed a trade. But since it was a market order, once that button was clicked, *zap*: you're the proud new owner of whatever it was.

Your experience with your option of CBSGF having a stock with the same symbol is the first I've heard, but somehow I'm not surprised. When you figure the different combinations of letters used with both options and stocks, I guess it's bound to happen. I'll just hope that I don't encounter that particular problem. Glad you got the trade done correctly at the price and time you put the order in at.

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