Orders Tied To The Bid/Ask

Discussion in 'Order Execution' started by optionstrader2022, May 8, 2024.

  1. Hey everyone! I'm looking to submit a buy order with the limit being the current bid + .01

    How can this be done? For sell orders it would be ask - .01 (or some other configurable input)
     
  2. Robert Morse

    Robert Morse Sponsor

    Equities or Options?
     
  3. Robert Morse

    Robert Morse Sponsor

    Equity Hot Key to buy 500 shares that way on Lightspeed Trader.
    upload_2024-5-8_11-57-28.png
     
  4. Both. Is there a way to do it for options on Lightspeed or anywhere else to your knowledge?
     
  5. Robert Morse

    Robert Morse Sponsor

    Option hot key to buy 10 calls, bid plus $0.01, to open order close.
    upload_2024-5-8_12-0-47.png
    upload_2024-5-8_12-1-33.png
     
    poopy likes this.
  6. Wow that's awesome! I've been looking for something like this for a while. I'm going to have to sign up for Lightspeed now ;)
     
  7. Robert Morse

    Robert Morse Sponsor

    Email me directly and I give you a demo and the current promotion. My email is in my signature.
     
    optionstrader2022 likes this.
  8. schizo

    schizo

  9. 2rosy

    2rosy

    does that BID+01 order get resubmitted if someone joins that bid? And can you set a limit if so? There was an ag options trader that left his auto quoting unattended and got taken to the cleaners
     
    optionstrader2022 likes this.
  10. #10     May 8, 2024