Silly IB question

I have had no luck with support on this issue, but at the same time, they say it *is* possible... ??

Can anyone explain to me how to set a stop for an option trade based on the underlying?

Thanks,

TNG
 
Quote from thenewguy:

I have had no luck with support on this issue, but at the same time, they say it *is* possible... ??

Can anyone explain to me how to set a stop for an option trade based on the underlying?

Thanks,

TNG

Set-up a market order using the Order ticket. Click on the Conditional Tab, and set-up your condition - submit order IF underlying < xx.
(You could also do this using TWS Alerts)
 
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