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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: accountclosed who wrote (11465)11/19/1998 12:23:00 PM
From: IceShark  Read Replies (1) of 86076
 
Yeah, That is common with options these days when the price gets into the high teens or above. Doesn't really mean the spread is necessarily that wide and you will see it frequently if the trading volume is slow. MMs are just greedy, and it sure makes it tough to flip for a few points. Put in an outside bid and watch the quotes change - its kinda funny if it wasn't real money - never put in a market order!

Regards, Ice
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