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Strategies & Market Trends : Tech Stock Options

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To: sean sanders who wrote (58330)1/31/1999 12:26:00 PM
From: HiSpeed   of 58727
 
If you are playing a lightly traded option, the MM will often sell to you at the ask and buy from you at the bid. So if you are trading 'illiquid' options, that is often the only way to get in and out of a position. What bites, is that you are in the hole the amount of the spread the instant you buy. But if you are confident of the underlying stock's movement in the direction you are betting, good money can still be made.
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