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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (1667)9/10/2000 9:46:18 AM
From: dealmakr   Read Replies (2) | Respond to of 2317
 
dave,

I hope that they really make it as hard for them as it is as hard to get a decent fill on that exchange. Had a 50 lot to do for a credit (sell puts, long calls). The stock isn't a big trader and OI is thin, but you have to be able to get some sort of fill without them adjusting the quotes every time you give a credit amount. I gave the broker 1/8 discretion on the limit and still couldn't get the piece done. Used Yamner and Co. They have a good contact on the AMEX, can do 50-100 lots no problem and sometimes get price improvement, but were as frustrated as I was dealing with the philly folks. Needless to say I am looking forward to improved liquidity.

Good Trading

Dave