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To: Night Writer who wrote (92504)8/9/2001 11:34:22 PM
From: Captain Jack  Read Replies (1) | Respond to of 97611
 
NW -- there is one exchange sm options traders use (rayes?). The big guys are not to clog that system as it is not designed for the volume. Not the same as trading shares. When brokers come in they size of their orders are not permitted so they break them up. Against the rules...
Additionally what usually happens is they trade there and on the other exchanges which often allows them to manipulate the price until their trade is complete.