Silly IB question

Discussion in 'Interactive Brokers' started by thenewguy, Aug 30, 2007.

  1. 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
     
  2. Steve_IB

    Steve_IB Interactive Brokers

    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)