IB conditional order

[akhouston]

When placing options order in IB TWS one can set brackets, i.e. attach profit taker or stop loss or both. 

I can only see how to set up conditional based on the option price itself. Does anyone know if I can set up a conditional order based on the underlyer, i.e. sell option at limit if underlyer price hits X?

 

Thanks!

[Peterpan]

 

This youtube video will explain what you need to do. TWS is not easy but once you get the grasp of it's functions, the possibilities are endless.