Does anyone know what is the cost (in commission) of a position adjustment for a stock with thinkorswim?
I have been playing with paperMoney, and it doesn't charge me anything whenever I adjust my position. Is that real?
Thanks for your reply.
That would work if I want to buy around 250 stocks. But if I want to be more precise (to get total \delta~0), it seems to be impossible.
Does anyone know if any other broker (e.g. IB) would allow that?
Hi *.
Assume that I want to Buy 5 Google Puts @ 490 and I want to buy as many shares of Google as I need to get the total delta =0.
Is there anyway to do that with a single order @ limit using thinkorswim?
How about IB?
Thanks!
Does it make sense to have also some stops @ (stock value - premium) to avoid big losses? I guess that this way the loss is just about 1/2 of the premium. Is that right?
I had the same problem today:
WBT SELL -25,000 BBI @1.50 TRSTPLMT MARK-.01 (STP 1.37) MARK GTC
This was supposed to sell BBI with stop at 1.37, right?
But the price went all the way down to 1.35 and the order was not executed. What am I doing wrong?
Thanks!
Hi *.
I just started play with my virtual account at Thinkorswim and I don't understand how TrailingStop works.
Is the number that I see there the percentage for which I will sell after it gets down to that, or is just the value of the stock?
An example would be very helpful, but I was...