Interactive Brokers Options order type

Discussion in 'Options' started by millionaire7, Sep 10, 2009.

  1. hi,

    Is there an order type in IB TWS to buy/sell option when the stock price touches a value.

    ex: Buy AIG 40 call when the AIG price touches 40

  2. spindr0


  3. Market if touched or
    Limit if touched

    [I don't know for certain they offer this, but that's what you are seeking]

  4. frugi


    Right click a market order and select Modify > Condition. Click the Conditional tab then Add Condition. Select your Underlying and Price <= or >= then Preview and Transmit if happy. If you can't see the Modify > Condition option you may need to enable this feature in Configure (main menu toolbar at top) > Feature selector > Order management > Complex order types > Conditional orders.
  5. Thanks for the reply.