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No1KCfan6

slash between strike prices

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Sorry, but I have to ask a very nooby question.  What does it mean when there is a slash between the strikes (TOS), i.e., 55/60, 60/65, 65/70?  Is the first number for the calls and the second for the puts?  Thank you.

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5 minutes ago, No1KCfan6 said:

Sorry, but I have to ask a very nooby question.  What does it mean when there is a slash between the strikes (TOS), i.e., 55/60, 60/65, 65/70?  Is the first number for the calls and the second for the puts?  Thank you.

other way around (puts/calls), its always the OTM strikes.

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26 minutes ago, No1KCfan6 said:

Sorry, but I have to ask a very nooby question.  What does it mean when there is a slash between the strikes (TOS), i.e., 55/60, 60/65, 65/70?  Is the first number for the calls and the second for the puts?  Thank you.


Specifically whichj part of ToS are you refering to, where you see that notation ?

Is it in the Order Confirmation dialog ?

image.png

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In the options chain.  And I can't figure out how to make one expiration date different from the other.  When you change the expiration date, the other changes with it.  I'm only paper trading.  Which type of strategy do I choose?  Vertical?  Diagonal?

Edited by No1KCfan6

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Just now, No1KCfan6 said:

In the options chain.  And I can't figure out how to make one expiration date different from the other.  When you change the expiration date, the other changes with it.  I'm only paper trading.

Oh. OK. That's because you probably have somethng other than "Single" selected in the "Spread". PM me a screen shot of what you're trying to accomplish. so we don't clutter this thread.

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11 hours ago, rasar said:

Oh. OK. That's because you probably have somethng other than "Single" selected in the "Spread". PM me a screen shot of what you're trying to accomplish. so we don't clutter this thread.

Thanks for trying to help.  I figured it out.

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