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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?

To: Dave Hanson who wrote (719)10/14/1998 9:57:00 AM
From: Joseph Francis Torti  Read Replies (1) | Respond to of 2076
 
Hi, I just made my first covered call buy, I sold november 60 for 5.00. Waterhouse put 471.00 im my margin account which is premium minus commission. Now my question is why does it show 1,457.75 the next day. I thought it stayed at 471.00 until it gets called or I buy it back. joe



To: Dave Hanson who wrote (719)10/27/1998 12:33:00 PM
From: Dave Hanson  Respond to of 2076
 
What kind of webbroker limit order executions /price improvement are you getting on NASDAQ issues? Unlike in my Datek account, I find that my high bid / low offer is often not represented in a timely fashion, and I can count on not getting an execution unless my sell is bid or lower or my buy offer or higher. Just wondering if others are having a similar experience.

TIA,

Dave


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