Chapter 04 · Section 4.1

Market Orders

Which of the following are market orders?

• a) Buy 3 Calls CBOE S&P 100 Index March 225 at 2 1/4 or better
  No. A market order does not have a price limit.
  b) Buy 3 Calls CBOE S&P 100 Index March 225
  c) b and c
  d) Buy 3 Calls CBOE S&P 100 Index March 225 market1

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