Absolutely. That does work better with manual management. What I am looking to do is to get out of a 6+ leg position once the target level is achieved on the entire position with a limit order. I am ok with slight sacrifice in pricing provided that my PT is reached.
Thanks! I will check with Schwab. In the meantime, I found this online which indicates "up to four legs". Let's see what they tell me.
https://help.streetsmart.schwab.com/SSCentral/1.0/Content/Placing%20Option%20Orders%20Multi%20Leg.htm
Thank you for your suggestion. I found this:
https://help.streetsmart.schwab.com/SSCentral/1.0/Content/Placing%20Option%20Orders%20Multi%20Leg.htm
Which states "up to four legs".
I will reach out to them to confirm.
What brokers allow (or are able) to execute more than 4 option legs in the same order? For example, to buy 2 SPX butterflies at the same time (one on call side and one on the put side for a total of six legs). I am on TOS and limit is 4 legs. Thanks!