Replies to post #86711 on Mohacsy's Safe Portfolio Member Forum

[santafe2]

I'm not sure. I always offer the "Mark". That's the mid-point between the bid and ask. It can still take a few minutes to close and sometimes it begins to move away from you. Option prices can be fickle.

[morokoy]

TDA offers a very esoteric options trading menu, including vertical and calendar put and call spreads. I generally give purchasing preference to a stock that a) trades options b) pays a dividend. To reduce angst, it should trade weekly options. AAPL is ideal for this, and I increase my odds by only trading on a Wednesday, so you basically have a two and a half day exposure.

[homeboy]

Who creates the options? Stock is created by the companies.