thinkorswim stop loss options

In the Order Entry ticket, choose TRAILSTOP from the Order drop-down list. First, what a trailing stop order is. For a short position, place the trailing stop above the current market price. 3. 2. 4. The Order Entry Tools panel will appear. In the Order Confirmation dialog, click Edit. For a long position, place a trailing stop loss below the current market price. For example, first buy 100 shares of stock. Trailing Stop Links. 1st Triggers 2 OCO: The first order in the Order Entry screen triggers two OCO orders. Option Ratio and Backspreads. A trailing stop is a stop order that can be set at a defined percentage or dollar amount away from a security’s current market price. 1. When the order is filled, it triggers an OCO for your profit stop and stop-loss. A ratio spread is a neutral options strategy in which an investor simultaneously holds an unequal number of long and short or written options. ... —see below). … Conceptually, this is similar to a spread strategy in that there are short and long positions of the same options type (put or call) on the same underlying asset. How to thinkorswim. For example, first buy 200 shares of stock. Add an order of the proper side anywhere in the application. How to Create Stop Orders on thinkorswim® Desktop - YouTube