Can someone please explain option limits to me.. im having trouble grasping their use!! For instance, if i were place an option leg with these parameters...
PHM
Buy 110 shares with an expiry set at Oct 11 strike at $6.00 limit $.35 FOK Bid $.27 and Ask $.29
Am i asking for disaster or am i in he ball park?
PHM
Buy 110 shares with an expiry set at Oct 11 strike at $6.00 limit $.35 FOK Bid $.27 and Ask $.29
Am i asking for disaster or am i in he ball park?
