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
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
  No. Answer (c) is true, but so is another of the statements.

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