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To: The Freep who wrote (12248)	9/6/2001 11:12:53 AM
From: chris714	Respond to of 209892

Freep.....I'm inferring from your post that you had gtc stop-loss orders on your puts. I have wanted to use stops on options however I never have because Schwab had told me that on options unlike stocks you would end up selling at the lower bid price....in other words it was more beneficial to use stops with stock but not with options. I hope that this makes sense to you ( it barely does to me) or maybe I was just mislead by a Schwab lackey. ggg If you could enlighten me I would appreciate it