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Baron Capital Enterprise, BCAP
Posted On: 07/24/2012 11:02:25 PM
Post# of 16816
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Posted By: Supernova
Re: Pink Lady #6612

PL, I have been tied up all day and just got back to the board. An answer to your dilemma is simple. I don't know who your broker is, but I use eTrade. When I purchase one of the options it gives me is "good for 60 days" , I think some other brokers  may say "good till filled or cancelled".


The first trade you get triggers the sales fee, but if it doesn't all sell it just comes right back the next day and so on until it is filled or expired. There is no charge for each subsequent trade when you do that, just the first one I mentioned earlier.


I figured that out after having MM's pull that on me as well for a couple of times. Your bid can stay up with only one sales fee. Check out what your option is with your broker.














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