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To: Sonki who wrote (25926)	4/21/2000 2:47:00 PM
From: Gerald Walls	Read Replies (3) \| Respond to of 27012

brian & all. ANY IDEA WHERE I CAN TRADE OPTION IN IRA? Fido is extreemly bad. What u dont pay in commision u r paying 10 X that in lousy execution. They dont send it to the best exchange.. I have no direct experience with them so I don't know how good the fills are, but Brown & Co. says that they allow long options in an IRA. But do you have the $15,000 to open an account and a net worth of at least $50,000? LOL! brownco.com brownco.com (see bottom)

To: Sonki who wrote (25926)	4/21/2000 6:07:00 PM
From: Brian Malloy	Respond to of 27012

I can not tell you about any other firm. I just use Fidelity. Execution has been pretty good for me overall in the IRA. Sometimes it does seem as if an order sits at the bid or ask and takes a while for execution. I get fed up and put in the order at the market and get fast execution at the price I had in my market order. This mainly seems to happen with the smaller cap stocks which should probably be expected. The big liquid stocks like MSFT, CSCO, SUNW and so forth options no problems. With small stocks I remember when I tried to buy a very sizable block of call contracts on a smaller cap stock. It was not fidelity it was the options broker on the other side. I had visibility of the order flows, I could see them trying to push the bid ask up even though the stock was not changing in price. I was using limit orders and mine never went through, I saw market orders going through and a few even went through at less than my limit price. After playing with these guys off and on for half the trading day I just broke my purchase up into smaller buys and entered some at the market and others at various strike prices to make it look like different people were doing things. Regards, P.S. If we get a bump up in the market on any day or over part of the next three trading days, I'm putting on more puts. Even though economy is slowing I think numbers on the 27th may scare investors and trigger downward volatility. Right now I'm about 50% cash, 35%stocks & leaps, 15% puts.