I'm interested in options trading and I want to know if it's possible to place stop orders on options contracts. Can this type of order be applied to options trading?
5 answers
DaeguDivaDanceQueenElegance
Sat Dec 07 2024
A trailing stop order is a valuable options order type to contemplate.
Sebastiano
Fri Dec 06 2024
Unlike a regular stop order, the trigger price of a trailing stop order is not fixed.
DigitalLordGuard
Fri Dec 06 2024
Instead, it adjusts dynamically based on the movement of the options price.
Giulia
Fri Dec 06 2024
This feature allows the trailing stop order to follow the price action, potentially locking in profits as the options price moves in a favorable direction.
Lucia
Fri Dec 06 2024
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