Good, short read for options players.

Discussion in 'Options' started by Don Bright, Nov 30, 2011.

  1. Poor sap...but if you submit a market order in an illiquid market, aren't you just begging to be crucified??
  2. Actually as a retail customer, I have found that I often get better than bid/offer when i do so. Sometimes my size is even bigger than posted bid offer (but not by a lot).
  3. Of course, most of us would due to the HFT guys jumping in front by some amount, then laying the trade off with another series.

  4. I don't care who my counterparty is.

    Btw - i like the site. I'm going to look at it more and maybe i'll subscribe.
  5. someone bought 26.07 in OFF as well. This is like putting a market order in spx options just asking for it. Maybe Corzine is trading.:p