Hello, does anyone know how to set a hard stop loss for option day trading (which is base on the stock price movement, not the option contract price movement) in IB or das trader pro?
like if the current stock price hit the level that I want to stop, the contract I am holding will be stop out immediately. (I am holding option, not the share)
I tried to find this solution, however I only find a way to put hard stop based on the contract price movement.
Thanks a lot!