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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (41792)1/1/1999 1:36:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
T, Nope. A one lot is all he is obligated to trade. I can't tell you how many times when I was trading for the funds and other portfolios when I put in orders to buy or sell 500-4000 options. And a broker would come back and say, "we got better than your price. But we only got one." And then they wondered why I pulled the key. <G>

MB



To: Tommaso who wrote (41792)1/1/1999 1:37:00 PM
From: accountclosed  Respond to of 132070
 
Tomasso, I had a close friend that traded options on phlx. That was the requirement on phlx about five years ago. The rules may have changed since then. And it may have been a phlx rule rather than generally applicable to all the markets.