What is Dividend Risk?
Which position is subject to dividend risk? Dividend risk affects short calls If your portfolio contains any short call options, then there is a chance th...
Position Management
Why is my order not filling?
Having trouble getting an order fill? Four Common Scenarios We’ve all been there. You put in an order and you’re not getting filled! You modify the price ...
Why can't I close my index option on expiration day?
Why do I get an error when closing my index options position? Your position may already be expired Are you receiving a "Stopped symbols...(instrument...
Understanding Order Execution
Sections Understanding the Bid-Ask Spread Understanding the Quoted Size How the Bid-Ask Spread and Size Relate to Liquidity Are you having diff...
Time-In-Force (TIF) - Day, GTC, GTD
What is Time-In-Force? Day, GTC, and GTD orders are designations that dictate the amount of time an order will keep working before it cancels. The TIF, or ...
How do I set a default Time-In-Force (TIF)?
Just like ordering eggs at breakfast, we all have our preferences, especially when it comes to how long we want our orders active. When it comes to trading ...
How do I roll an iron condor?
Rolling an Iron Condor Requires two separate order tickets Unlike other 2-legged or fewer options strategies, rolling an iron condor requires an extra ste...
Equity Option Price Increments
Are you trying to enter a single-leg option order, but it doesn't appear as the best bid or ask price? Then chances are you're entering an incorre...
Pre-Market and After-Hours Orders (Extended Hours)
To line up a stock order during the pre-market or after-hours session, all you need to do is select EXT in the Time-in-Force (TIF) drop-down menu in the ord...
How do I roll my position up or down in the same expiration?
Is the short strike of your iron condor or strangle being tested and you need to roll up your untested puts or roll down your untested calls? If this sounds...