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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (10347)	4/13/1999 11:12:00 AM
From: VincentTH	Read Replies (2) of 14162

Herm, Re: The MMs kept raising the bid/ask on me twice! I know how you feel. It is very frustrating. If you place a Buy order to split the Bid/Ask, the Bid would just move up to your limit and sit there, and sometimes the Ask would move higher! After a few times like that, I just cancel my order, wait a little bit, then place the limit at the ask. As soon as you raise your limit to meet their ask, they will adjust the bid/ask higher!!! Good luck! Anyone into CPQ yesterday, sell put or buy LEAPS? This baby will come back IMVHO. //V

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