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Jerry, I used e-Schwab also today, for an option trade. It was in the 10:45AM EST time frame, right when the market hit that second dip which took it just below break-even. I checked a r/t quote for an option, and it said ask was $14 1/8, zero volume (MSH 585 call). I check again in 2 or 3 minutes, it's at $14 1/4 ask. A couple more minutes, and I'm about to enter the trade. I get one last r/t quote, it's at $14 1/2 ask. Obviously the mkt is moving up. Immediately (within 15 seconds) I fire off a buy @ market order. I check the order status two minutes later and see it filled in one minute.......@ 14 3/4. I get another r/t quote, and the ask is at $15 1/8, volume one (mine, obviously). Weird. Bunch of thieves. But at least I got filled. Sometimes I figure I just have to bite the bullet and bend over. $25 for the privilige of placing the trade with Schwab (think of it as "protection tribute"), plus the usual $35 minimum fee for a small option trade. |
