Years ago I bought ten options on a Thursday when they expired the next day. The stock announced earnings that night and it soared, so I figured the buck i paid apiece would be ten the next day. I was gone the next day so I put in market sell. Come home and see the $10,000 I expected to have was $1200. It took me 4 weeks and threats to call an attorney for Etrade to add the other $9000. That was the last time I'll ever place a market order for something not widely traded.
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