5:33 PM
Ann Tucker
I just found out that the IWM is fully electronic where the RUT is still partly open outcry.
The partial open outcry is why I've often had to go quite a ways off of the Mark to buy or sell an option.
Although I have to pay more in fees because the number of contracts is larger for the same amount in a trade, I've been told that I won't have to move much off of the Mark and therefore the added fees are not a big concern.
I'm going to try this out and see if the IWM fills near the mark.
IWM Mar08 Iron Condor 76/77/60/59 Call/Put @ 0.28 (mark = 0.29)
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