SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: wmwmw who wrote (848)5/28/1998 10:15:00 AM
From: MJR  Read Replies (1) | Respond to of 2241
 
Wang:

It can be a AON order.. most brokers provide that as an option. Thus, if your order is posted as AON, you will not get a fill until all 100 contracts can be bought or sold at:
a: the limit price if you specified it as a limit order
b: the best available market price if this is a market order.

100 contracts is very large.. In low liquidity contracts this may be a problem to get filled on an AON basis..

Mike



To: wmwmw who wrote (848)5/28/1998 10:38:00 AM
From: Caroline  Read Replies (1) | Respond to of 2241
 
100 contracts controls 10,000 shares of stock.

Be precise in your wording or your broker will be forced to repossess your account.

A 100 contract purchase at, say, $5, is a $50,000 purchase. That's your capital outlay.

100 contracts
100 shares per contract
=======
10,000
5 per contract
======
50,000 capital outlay


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News