Penny incements for options ?

[IV_Trader]

Hmmm...Best possible news for retail trader and no celebration ?
I'm starting to wonder how many ET members are trading real money in options.

 

[momoneythansens]

FWIW, a "dissenting" view on penny quotes: http://www.thestreet.com/comment/investing/10290961.html?partner=msn#steveo

I won't speak to the credibility of the author or merits of the argument.

 

[momoneythansens]

It's Sunday. Some folks actually take weekends off! I know, insane.

Quote from IV_Trader:

Hmmm...Best possible news for retail trader and no celebration ?
I'm starting to wonder how many ET members are trading real money in options.

 

[IV_Trader]

Quote from momoneythansens:

It's Sunday. Some folks actually take weekends off! I know, insane.

Going out now , was watching WC.
Say , bro , with those news will you add another MO to your handle ?

 

[momoneythansens]

Quote from IV_Trader:

Going out now , was watching WC.
Say , bro , with those news will you add another MO to your handle ?

We'll see about mo MO.

Wtf was Zidane trying to do exactly? LMAO.

Some articles of interest:

http://www.futuresindustry.org/fimagazi-1929.asp?a=1075
http://www.financialnews-us.com/index.cfm?page=usfeatures&contentid=533164

 

[Aardvark]

Quote from momoneythansens:

We'll see about mo MO.

Wtf was Zidane trying to do exactly? LMAO.

Some articles of interest:

http://www.futuresindustry.org/fimagazi-1929.asp?a=1075
http://www.financialnews-us.com/index.cfm?page=usfeatures&contentid=533164

I don't even follow WC but actually saw the ending and wtf.. Zidane is an idiot and I probably won't watch soccor again until the next final 2010....Tennis/golf much better...

 

[Arnie Guitar]

Quote from IV_Trader:

Hmmm...Best possible news for retail trader and no celebration ?
I'm starting to wonder how many ET members are trading real money in options.

I think it's the same reluctance that preceded the penny increments in stock prices.
I know I thought I wouldn't like it, now I don't even think about it.

 

[EdgeHunter]

Quote from Maverick74:

You will see markets that are 1.32 bid at 1.33 offer.

Will the OEX and SPX options be tight like this as well...

cj...

 

[jj90]

And I thought Sunny D was a great innovation. Wow.

BTW, Zidane sure knows how to make an exit from th world stage eh.

 

[alanm]

Any idea if NYSE/ARCA will adopt the same anti-competitive cancel fees, pacing restrictions, anti-retail-MM rules, etc. of the other exchanges?