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Can you expand a bit on how you insure overnight risk with options? My first
reaction was that buying/selling options for overnight would be expensive
insurance, but then I don't really know so figured I'd ask and learn something?
As for internet brokerage, there is nothing which even begins to compare to any
of the major internet stock brokers coupled with NYSE's electronic execution.
I've finally had it with current broker and am switching to LFG's LeoWeb in hope
that the CME's work on CUBS/TOPS will yield significant improvements in near
future. But really, what can we expect from exchanges which can't even provide
accurate bid/ask info!
Earl
-----Original Message-----
From: Bob Fulks <bfulks@xxxxxxxxxxxx>
To: Earl Adamy <eadamy@xxxxxxxxxx>
Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Monday, July 20, 1998 6:00 PM
Subject: Re: Why trade Futures?
> You can insure the overnight risk with options on the futures.
>I have not been able to find an Internet futures trading process with the
>kind of service (fills matching BMI quotes, fill reports within seconds,
>low commissions, etc.) that I was accustomed to with stocks. Maybe it
>doesn't exist (yet).
>
>Bob Fulks
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