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Questions Answered by David Mark Gaba
1 Answer | Asked in Stockbroker Fraud for Arkansas on
Q: I trade options at my online broker. A bad trade yesterday that cost me $8000.00 due to a mistake by my broker.

I made an options call purchase on the 16th at market price. The seller was asking .20 cents per contract (100 shares) After putting in several limit orders in for up to .24 cents that were rejected I put in a market order which normally fills within a percent or so of the asking. When my order was... View More

David Mark Gaba
David Mark Gaba
answered on Dec 30, 2021

Have you reviewed your entire contract with your broker-dealer? Depending on the specific language they may have been within their rights to fill your order.

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