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To: mishedlo who wrote (186944)8/9/2002 6:19:23 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
exercise in those instances -- often a good strategy if there is a gap down. pretty easy to get the shares bought -- much easier in a fast market than selling the option

if you have a ton of contracts -- it's not doable, but ...



To: mishedlo who wrote (186944)8/9/2002 6:22:23 PM
From: stan_hughes  Read Replies (2) | Respond to of 436258
 
Mea culpa.... I can now see my Uncle Charlie Schwab here will let me trade CBOE listed options from 8:00AM until 4:15PM

So I guess you got hosed by the market makers, or maybe somebody upstream of them, i.e. it could be because of who you're dealing with and where they send their order flow.

Are you using an ECN or a big brokerage house? And do you know what their order routing procedures are?


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