options - why can't i have bid and offer on the same contract?

Discussion in 'Options' started by chewbacca, Feb 20, 2009.

  1. That reminds me of a guy on a Yahoo message board. For some reason, he wanted to be long and short the same stock at the same time. Not sure what good that would do, but I mentioned that if he really wanted to, he could do that by having 2 accounts.

    JJacksET4
     
    #11     Feb 20, 2009
  2. The truth is I'm not looking to be long and short the same option.

    But, with two different accounts, I don't have the same positions in each. Sometimes I'm long a call/put in one account and short it in another because of the specific iron condor positions I own.

    Mark
     
    #12     Feb 20, 2009
  3. tos allows it and you don't even need to request it. you don't need to do tricky things like use multiple accounts either
     
    #13     Feb 21, 2009