Pegged orders for options

Discussion in 'Options' started by Dan Koren, Jun 11, 2021.

  1. Do any brokers accept pegged orders for options? I am
    currently trading options intraday on TradeStation, and
    the "Peg" button is greyed out and inactive in the order
    manager panel when trading an option.
     
  2. guru

    guru

    Interactive Brokers does, but this depends on a single option, or option combos. Combos can be “pegged” to the price at the time of placing the order, while single options can be relative to the mid price while the order is placed and waiting to be filled.
     
    Last edited: Jun 12, 2021
  3. Thanks!