Chapter 04 · Section 4.1

Types of Orders

Sell 10 EKodak June 55 puts.

This order is:

a) a day order.
• b) a good-'til-cancelled order.
  No. To be a good-'til-cancelled order, this instruction must be state in the order. There is no reason for a market order to be designated GTC.
  c) a market order.
  d) a fill-or-kill order
  e) a limit order.
  f) a and c

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