ziggy29
Moderator Emeritus
New York bar to set menu prices like stocks - Yahoo! Canada News
This leaves all kinds of room for additional "plays" on the price of pub fare.
If I'm only willing to pay $5 for a pint of Guinness when the current price is $5.75, can I tell the server to get me a glass of water and enter a "limit order" for $5 so he/she can serve me if the price drops to $5?
If I think the price is too high, can I "short" a dozen wings -- effectively borrowing a dozen wings from the pub to sell to the guy willing to pay too much, and then "buy back" the wings later to cover at a lower price?
Options, anyone? If the current price of a pint of Sam Adams is at $4.25 and I want to lock it in for the rest of my stay, can I pay 15 cents per pint as an "options premium" for the right to lock in a $4.25 price for the next three I buy?
Outside the box, that's me...
The Exchange Bar & Grill, set amid the bustling shops and pubs of the Grammercy Park neighborhood, is replete with a ticker tape flashing menu prices in red lettering as demand forces them to fluctuate.
... The prices will fluctuate in $.25 cent increments, but will most likely plateau at a $2 change in either direction.
A glass of Guinness starts at $6 but could be pushed to a high of $8 or a low of $4, depending on popularity.
This leaves all kinds of room for additional "plays" on the price of pub fare.
If I'm only willing to pay $5 for a pint of Guinness when the current price is $5.75, can I tell the server to get me a glass of water and enter a "limit order" for $5 so he/she can serve me if the price drops to $5?
If I think the price is too high, can I "short" a dozen wings -- effectively borrowing a dozen wings from the pub to sell to the guy willing to pay too much, and then "buy back" the wings later to cover at a lower price?
Options, anyone? If the current price of a pint of Sam Adams is at $4.25 and I want to lock it in for the rest of my stay, can I pay 15 cents per pint as an "options premium" for the right to lock in a $4.25 price for the next three I buy?
Outside the box, that's me...