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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (43898)5/27/1998 8:05:00 AM
From: Patrick Slevin  Respond to of 58727
 
If I had to guess, and I am relying on memory of things I no longer follow,

your presumption that the order was worked on the floor is probably incorrect. The CBOE has a small order execution system called RAES where options are traded electronically.

Waterhouse most likely sent your order in on RAES and you were taken out by someone who either had a market order or someone with a stop at 15.50