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To: codawg who wrote (53479)12/10/1999 4:39:00 PM
From: y2kate  Respond to of 152472
 
Hi Codawg,
I'm starting to understand why people buy those near term expiration, at the money calls that look so crazy to me.
At least with some volume and liquidity, you have some protection. The option I was jerked around on today only traded 80 contracts all day, and 15 of those were mine.
They probably just chuckled when they saw my limit order come in (after padding their side of the order by two points twice prior on my market orders)--then did as you said, just moved the bid down, even though the stock
was actually moving up. Can't see how they keep getting away with this when it is so blatant & widespread. But in the long run, it just makes me better (not bitter!)

Hey, I like your name.