Penny spread on non-penny options?

Discussion in 'Options' started by turkeyneck, Mar 7, 2008.

  1. turkeyneck

    turkeyneck

    How do trades get executed in pennies when the options are not in the program and supposed to be traded in 0.05 increments?
     
    #1     Mar 7, 2008
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  2. MTE

    MTE

    Search for "price improvement" on BOX.
     
    #2     Mar 7, 2008
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  3. loufah

    loufah

    You can also get filled on a penny if you do a combo order with the stock (such as a buy-write).
     
    #3     Mar 8, 2008
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