Orders are like people–they come in all sizes. Some like to trade 1-lots and others like to trade 10-lots. Either way, each platform makes it easy for you to set your default order quantity so you don’t have to input your desired default quantity it each time. 


You may set a default order quantity for stock and options orders.


The platform defaults everyone as a “Johnny 1-Lot”, or quantity of 1. If that matches your trading style then you keep it that way. Additionally, the default order size for stocks is 100. If you want to adjust your default order quantities then you may do so by going to the Settings menu of the tastyworks desktop platform or web-based platform


To learn how to adjust the quantity of an order then click here.


Sections



Desktop Platform Instructions

Setting Default Order Quantity

  1. Head to the Settings menu by clicking any gear icon  located throughout the platform.
  2. Once inside the Settings menu, click the “TRADE” module along the left-hand side.
  3. Within the Trade module, click the respective product tab (stocks, options, or futures) along the topside of the Settings menu.
  4. You will see a drop-down menu beneath “Default Option Order Quantity” where you may select a default quantity, but you may also enter a value by double-clicking the number.

Stock


Options


Futures



Web-browser Platform

Setting Default Order Quantity for Options

  1. Sign into tastyworks web-based platform.
  2. Once logged in, click “More” in the top left-hand corner. The platform menu will pop out from the left-hand side.
  3. Mouse down to “Settings” and click.
  4. Once inside the Settings menu, click “OPTIONS”.
  5. The Options setting menu will appear. Immediately below “Default Option Order Quantity” you will see a drop-down menu. Click the drop-down menu to select your default order quantity.


Setting Default Order Quantity for Stocks

  1. Sign into tastyworks web-based platform.
  2. Once logged in, click “More” in the top left-hand corner. The platform menu will pop out from the left-hand side.
  3. Mouse down to “Settings” and click.
  4. Once inside the Settings menu, click “STOCKS”.
  5. The Stocks setting menu will appear. Immediately below “Default Option Order Quantity” you will see a drop-down menu. Click the drop-down menu to select your default order quantity.



Mobile Platform

You can select your default order quantity by heading to the mobile platform Settings menu. Inside the Settings menu, tap TRADE, as illustrated below.