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
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
The relevant criteria is complete execution.