Good afternoon,
I am trying to figure out how to trigger a predefined order at a certain option price. Here is my example:
Say I have 10 contracts of AMD 75 Calls, and I bought them at $2.00 per contract.
I have this hotkey/script "CXL ALLSYMB;ROUTE=LIMIT;Price=Bid;Share=Pos*0.5;TIF=DAY+;SELL=Send;Price=Ask-AvgCost-0.02;TriggerOrder=RT:STOP STOPTYPE:TRAILING StopPrice:Price TrailPrice=Round2 ACT:SELL QTY:POS TIF:DAY+"
that I want to fire off automatically when the option price hits $2.50
I have not been able to figure out a way to do this. Any help would be greatly appreciated
Thank you,
Joseph