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Strategies & Market Trends : The OEX... gasp!

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To: Patrick Slevin who wrote (454)1/27/1997 1:38:00 AM
From: Mike Scott   of 658
 
To all: I have a question!

I have an options account with Lombard. I entered an internet order to sell to OEX calls on Thursday. I checked the "all or nothing" box (i.e. sell all of my contracts or none of them). I logged into my account Friday nite after a business trip thinking I was going to see a trade at a nice profit, but instead my order had been rejected cause
lombard says you can't sell "all or nothing" on index options. I have only been trading options for a few months now. Should I have known about this, or do I have grounds to complain. I can find nothing on Lombards page to indicates that this is the case. Help!!!

Thanks,

Mike
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