![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 29, 2008 10:56:03 PM
Hey, in all serious-ness, I continue to use the "Open" and "Close" define-r's when posting and since most ALL of our trades are "Limit" orders it can't be very hard to discern our actions, especially if you trade at all today with a automated broker?
We use E-trade but they're ALL very similar in how one places an order?
We post:
Buy to Open, Feb43 calls at 2.19 (DOUBLE)!
We enter at the prompt:
Order Type: Buy to Open
Contracts: 20 (Double)
Symbol: QQQBQ
Price Type: Limit (95% of ALL our trades are Limit)
Limit Price: 2.19
Term: GTC (Good until Cancelled)
Then Bada-Bing, Bada-Boom, we get filled,
![smile](/images/emoticon01.gif)
Seems simple enough, regardless of our Four choices:
"Sell to Open"
"Buy to Open"
"Sell to Close"
"Buy to Close"
The same protocol is followed in regard to selling short (Sell to Open), or buying long (Buy to Open) or when selling to close (Sell to Close), or when buying to close (buy to Close)?
Not too sure where the confusion comes in other than NOT being able to decipher me verbage and that's Easily solved, send a check or money order for $999.99 and I'll rush you me Super-Decoder-Ring right away! Yes, the postings are Free but you gotta send me da-Money if you wanna be able to decipher whatdahell I be a saying, LOL!?
Enjoy the nite me-amigo, good night John boy, good nite ALL,
nm
ps... back at dis-Game in da-Morning and we LIKE IT, LOL!
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