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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Jon Tara who wrote (11125)6/30/1999 1:09:00 PM
From: Tom K.  Respond to of 14162
 
re: ...10 contracts...

Jon, do you know the rules for fills over 10 contracts? I've had my market orders filled at the bid, but want to know what could happen. Thanks.

Tom



To: Jon Tara who wrote (11125)6/30/1999 6:26:00 PM
From: Victoria Walley  Respond to of 14162
 
You are right, I always place limit orders and would have never considered placing a market order even for options.

In this particular instance, I had entered my order in the last hour of trading and wasn't too serious about it. If it filled, fine - if not it didn't matter. I much prefer to wait for the upper BB tag when selling calls.

Thanks for giving me a new idea when placing an order.

Vicki