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To: cowgirl-ona-1eyed-horse who wrote (19344)5/18/2000 10:52:00 PM
From: lurqer  Respond to of 35685
 
Never write a market order online for covered calls (or any other option, I suppose), always a limit order.

Well I agree. Typically I split the bid-ask spread - leaning a little more to one side or the other depending on how anxious I am for a fill.

Thanks.

Hanging around...

lurqer



To: cowgirl-ona-1eyed-horse who wrote (19344)5/18/2000 11:04:00 PM
From: RR  Read Replies (1) | Respond to of 35685
 
Cowgirl and Lurqer: Make the market come to you. That is what I try to do with option trades. Especially if the order is significant enough, and someone is really interested in the other side of the position, they will come to you. I enjoy watching the bid/ask movement trying to get me to move my order to them, and I won't. I make them come to me in most cases.

RR


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