Search results

lets not get all wound up with semantics or pedantics, OCA is indispensable for combo trades. For any option trader or even gambler interested in money management so misfortunes don't happen to others what happened to me with IB, where double fills occurred several times during very volatile...

Spindr0, I was short an otm call combo, a bear call spread, and thought market would go down, the next day, so had the buy back at lower price set up, but the market went up big time, which meant, I ended up well itm. This was a serious loss. So in another time, I was short a call combo...

Ben111, one of the essential money management features for option traders, that every serious broker should have is 'one cancel other' in IB it is called OCA. 'One cancel all' they do have this feature but only for single legs. Which does tell you what kind of options trader IB wants to cater...

Think or Swim commissions for IB users is 1.2$ per leg per option. IB commissions for options vaires, but is usually about 0.85 per leg. if index options are traded, eg SPX, NDX, OEX, then it is minimum 1.00 per leg. The options commission prices shown in their homepage are very misleading...