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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (30973)	10/9/1998 7:09:00 AM
From: Vitas	Read Replies (1) \| Respond to of 94695

Hi Lisa, Yes, on equity options that is an additional problem. Another is that on thinly traded options sometimes you have stale quotes, where the quote changes just as the mm sees someone walking up to his trading post. I've noticed that Discover, even on active OEX options, sometimes has a quote on their website that is close but not the same as the current quote from other sources, and, of course, it is the real quote that matters. Vitas