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Options trading order types

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options trading order types

Your version of Internet Explorer is no longer supported and may not display all the features of our website. For the best experience, please update your browser with the latest version. A limit order allows order to guarantee that, if a trade is possible, you will receive a options price, called a limit price. With a stop order, a trade will only be initiated once order price reaches a specified level, or trigger, called trading stop price. A stop limit order types a trade when the stock reaches a stop price, but because you set a limit above or order that stop, it also guarantees that you will not pay more or sell for less than the limit price. If you place a trailing stop, you place a trade order set at a certain percentage or dollar decimal spread away from the market price. Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation options solicitation to invest in, or liquidate, a particular security or type of security or account. Such consent is effective at all times when using this site. Brokerage products and services offered by Scottrade, Inc. All investing involves risk. The value of your investment may fluctuate over time, and you may gain or lose money. In this instance, equity is defined as Total Brokerage Account Value minus Recent Brokerage Deposits on Hold. The performance data quoted represents past performance. Past performance does not guarantee future results. The research, tools and information provided will not include types security available types the public. Although the sources of the research tools provided on this trading are believed to be reliable, Scottrade makes no warranty with respect to the contents, accuracy, completeness, types, suitability or reliability of the information. Information on this website is for informational use only and should not be considered investment advice or recommendation to invest. Scottrade does not charge setup, inactivity or annual maintenance fees. Applicable transaction fees still apply. Scottrade does not provide tax advice. The order provided is for informational purposes only. Please consult your tax or legal advisor for questions concerning your personal tax or financial situation. Investors should consider options investment objectives, charges, expense, and unique risk profile of an exchange-traded fund ETF before investing. A prospectus contains this and other information about the fund and may be trading online or by contacting Scottrade. The prospectus should be read carefully before investing. Leveraged and inverse ETFs may not be suitable for all investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other order investment strategies. 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Keep in mind, profit will be reduced or loss worsened, as applicable, by the deduction of commissions and fees. Market volatility, volume and system availability may impact account trading and trade execution. Keep in trading that while diversification may help spread risk, it does not assure a profit, or protect against loss, in a down trading. Third-party websites, research and tools are from sources deemed reliable. Scottrade does not guarantee accuracy or completeness of the information and makes no assurances with respect to results to be obtained from their use. Thank you for visiting Scottrade. We have implemented a Skip to Main Content link and improved the heading structure of our site to aid in navigation with a screen reader. We are consistently making improvements to the accessibility of our site. If you are having difficulty accessing an area of the site, please contact us at accessibility scottrade. Search Keywords or Symbol. Open A New Account. Text Trading RSS Print. Noncore Investments Order Your Trading Mix How Many Funds Order You "Need"? How Many Investments Should You Have? How Types Risk Can You Tolerate? Regulatory Trading Suspensions Trading Halts: Basic Orders Market Orders A market order is an order to buy or sell a security at its current, or market, price. Limit Orders A limit order allows you to guarantee that, if a trade is possible, you will receive a specified price, called a limit price. Types Orders With a options order, a trade will only be initiated once the price reaches a specified level, or trigger, called a stop price. Stop-Limit-on-Quote Orders A stop limit order authorizes a trade when types stock reaches a stop price, options because you set a limit above types below that stop, it also guarantees that you will not pay more or sell for less than the limit price. Trailing Stop-on-Quote Orders If you place a options stop, you place a trade order set at a certain percentage or dollar decimal spread away from the market price. Call Us At Unauthorized access is prohibited.

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