Hi people, What method do you use to place stops on your options trades? In my case, I typically trade deep in the money calls with > 80% delta so I am capturing most of the movement of the underlying stock. As an example, I buy some calls and I want to set a $2/share stop loss. I am familiar with conditional/contingent orders on ETrade. Base the trigger on: a) last trade of UNDERLYING stock b) LAST TRADE of my calls c) BID price of my calls d) ASK price of my calls e) other Sell order for the calls is entered as: a) MARKET b) LIMIT at my price - $2 c) STOP at my price - $2 d) other Currently my approach is to use trigger="c" and sell="b". What do you experienced options traders think? Thanks for your comments!