How to Open/Close an Option Trade using the Underlying Stock Price | Interactive Brokers Tutorial
Here's how you can open or close an option trade based on the price of the underlying stock.
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In this video, you'll learn how you can use a conditional order to open up or close out a stock option trade, based on the price movement of the underlying stock you are trading the option on.
I'll show you step-by-step how to set up your trade for both examples and explain how the conditional orders work so that you too can trigger option trades with a stock's price.
Time Codes:
0:00 - Introduction
0:27 - Closing An Existing Option Trade Using A Stock's Price
3:39 - Opening A New Option Trade Using A Stock's Price
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Disclaimer: I am not a financial advisor, this material is for educational purposes only. Please do your own research before making any investment. This video is not sponsored but some links above are affiliate links. They do not cost you anything but I may make a small percentage if you choose to buy a product.
#andrewferguson #closingoptiontrades #conditionalorders
Watch video How to Open/Close an Option Trade using the Underlying Stock Price | Interactive Brokers Tutorial online without registration, duration hours minute second in high quality. This video was added by user Andrew Ferguson 10 July 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 1,021 once and liked it 37 people.