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Option Order Ticket
The Option Order Ticket allows you to customize the way your option spread enters the market.
Breakdown
Here we have created a Gold Monday Week 4 option spread:
1. Edit legs: Editing the legs will let you add or remove legs, change the strike price of the legs, as well as change the volume and Buy/Sell side of the legs. More information on option sheets found here-
2. Order type: Controls the way your option spread enters the market, through a Market, Limit, MIT, or RFQ order.
← More information on different order types here
3. Time type: Choose whether the order will be submitted as a Day or Good til Cancel order.
4. Order price: For limit orders, MIT, RFQ, lets you choose the price the order will be activated into the market.
5. Volume: The lot size of your order.
6. Account: What account the order will be placed under.
7. Submit: Submits the order.