Thinkorswim oco order options reddit 02 with a market order. Nov 3, 2023 · I use OCO of 10% loss or 10% gain to execute the appropriate OCO order based on my purchase price of the option. However, you never know exactly what price you're going to get filled at. If the b/a is 1. Then, set alert(s) to immediately let you know when one of those triggers. 2) Once you get that alert that the first order is triggered, set up the appropriate OCO bracket for stop loss/profit. Sep 8, 2021 · I've seen several examples online showing that when you right-click an existing options position there is an option to create a closing OCO order. ) If the stock is trading around $100, I understand how to set a buy order with a conditional sell where the trailing stop starts at a preset price- let's say $101. Nov 3, 2023 · I use OCO of 10% loss or 10% gain to execute the appropriate OCO order based on my purchase price of the option. Feb 19, 2022 · When I use the option "study" as a condition for buy or sell order, I need to make a choice, but I shall try all options till I find the proper choice. Click to expand OCOs (conditional orders) use the same triggers as you used when you tested it in the strategy. The only closing order option that shows up for me is a BTC limit order. 02 you'll give up . 00 wide you'll give up 100. If the b/a spread is . Jun 1, 2012 · In conclusion, this article has visually displayed how to place two different types of OCO orders on a complex option strategy using the Thinkorswim platform. Sep 5, 2024 · You might have to place two sets of orders: 1) BUY/SELL OCO to establish the position. . Both OCOs were placed with targets and stops. Apr 17, 2020 · Stop orders aren't great for options. (I understand how to do multi-layered buy orders, OCO orders, etc. My question is with options and high IV is 10% to short a window? I did this strategy with 5 trades today on options that I thought would hit my target for a gain. 00 with a market order. mxos hgew chuqe gkmpt sirb vmhd yyxqgu unta fhshe zjj