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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: Mr.24K who wrote (760)	3/7/1998 1:16:00 PM
From: Madpinto	Respond to of 2241

How can the price for the same option fluctuate? More than likely, the answer to your question is dual listing. Many of the newer stocks have listings on up to four exchanges. Sometimes one exchange will honor a quote from a competing exchange, but not always. Often times, brokerage firms cannot even give you a quote off of a different exchange than the one they use. The SEC intended to create a more competitive environment for trading options. IMO, dual listing just decentralizes the market place making things more difficult for all involved.