At least it is in 1 lots. I remember years back creating a Sterling API on 500 shares.. about 20 stocks.... bad quotes loaded ... instant execution on about 8 stocks at the opening.. instant RED all over the screen.. funny thing (not so funny then) was I had a "ka-ching" sound upon execution... well,.. it was the right sound except the money flow was the wrong way
Thank you all for the advice! I managed to untangle the mess and escape with minimal losses! Lesson learned from now on.
It's not that messy really... c X p - 330 + 335 340 + 345 - 480 + - 485 - + 490 That's a 340/345/485/490 IC And a 330/335/480/485 IC, but then long via the in-the-money's, since: - 330 + 335 480 + 485 - is the same as: 330 - 335 + + 480 - 485 So... depending on what you wanted to do initially, to me it looks like in effect you only did a long IC (via ITM's) instead of a short IC...