Chapter 04 · Section 4.1
Limit Orders- Execution 2
Suppose you placed this order yesterday:
BUY 3 CALLS OEX JUNE 230 AT 7 1/4 OR BETTER
You learn that OEX June 230 calls traded at:
High: 7 9/16
Low: 7 3/8
Close: 7 7/16
c) You still cannot tell whether it was executed.
No. You know that the market did not go down to 7 1/4 during the whole day.
a) You are now sure that your order was executed.
b) You are now sure that your order was not executed.