Xfanman 9 Report post Posted February 8, 2013 Ok I found the answer to my question and this IS possible. If anyone else cares to know how to accomplish this here is how to do it --> You create a basic order after you establish a position to close your option position with a Market, not Limit order. THEN, you attach a Conditional Order to it that uses Price and the underlying Stock to trigger the Market order when this condition is met. This allows you to trigger your stop based on the underlying price instead of trying to calculate what the option will be worth at a certain price level. Since I use LOD often for my stops, at least on an entry, this is much quicker (and more accurate for my purposes) for me to set up than just throwing a 10 or 20% stop loss on it. This may be an answer without a question, but thought I'd share it just in case anyone else has ever wondered about it and hadn't figured it out. Share this post Link to post Share on other sites
Marau 4 Report post Posted August 22, 2013 SLD 14 Stock USD ASSIGNED 08:12:17 null This information showed today at my IB plattform "Trade Log". Does anyone know what this means? Share this post Link to post Share on other sites
Kim 8,035 Report post Posted August 22, 2013 SLD 14 Stock USD ASSIGNED 08:12:17 null This information showed today at my IB plattform "Trade Log". Does anyone know what this means? I got this too. I can only assume this is for the the VIX 25 calls. Does the number of contracts match? Share this post Link to post Share on other sites
Marau 4 Report post Posted August 22, 2013 Yes, it was 14 ctrs. But which sense does it make? Share this post Link to post Share on other sites
Kim 8,035 Report post Posted August 22, 2013 None.. Share this post Link to post Share on other sites
Saud 5 Report post Posted August 22, 2013 OK I'm glad I wasn't the only one who had no clue... Share this post Link to post Share on other sites
