Chapter 04 · Section 4.1

Execution

Which of the following orders are to be executed entirely or not at all?

• a) Buy 100 IBM calls July 150 at 11½, all-or-none
  No. Please try again, "a" is correct, but it is not the only one.
  b) Buy 100 IBM calls July 150 at 11½, immediate-or-cancel
  c) Buy 100 IBM calls July 150 at 11½, fill-or-kill
  d) a and b
  e) b and c
  f) a and c

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