You certainly are able to place an option order based off the underlying price of the stock. You can set this up from the Order Entry box after you enter your order. I wonder if they removed the feature. Ill call next week if I still cant borrow anything. This has closed our long trade on Apple and as you can see right here, we lost $45 in it. JavaScript is disabled. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. REJECTED: FUTURE order cannot be validated, because margin is not available. You may want to consider placing these types of orders as market orders, if you are willing to accept the fill price when the condition is reached, of course. Could someone help to setup alerts ? In the pop up, enter in a name and then click "Save". This is the quickest and most efficient method to create the order. If you want to buy just click “Buy stock” of Apple. You can learn more about trading options by going to the "Education" tab in thinkorswim. You go to the trade chart and first of all, what you need to do is type on the other line product that you want to buy or to sell, and in this case, it’s Apple. Questions about the Monitor tab and its interfaces. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc., and the Toronto-Dominion Bank © 2020 TD Ameritrade IP Company, Inc. All rights reserved. Please read the Risk Disclosure for Futures and Options prior to trading futures products. Please make sure you keep sufficient funds or positions in your account to support conditional orders and other programmed trades. A day trade is considered the opening and closing of the same position within the same day. The selection for Paper Trading or Live Trading can be made only on the login screen. Minimum of Tier 2 Standard Margin Option Approval, 3. ._1EPynDYoibfs7nDggdH7Gq{margin-bottom:8px;position:relative}._1EPynDYoibfs7nDggdH7Gq._3-0c12FCnHoLz34dQVveax{max-height:63px;overflow:hidden}._1zPvgKHteTOub9dKkvrOl4{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word}._1dp4_svQVkkuV143AIEKsf{-ms-flex-align:baseline;align-items:baseline;background-color:var(--newCommunityTheme-body);bottom:-2px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap;padding-left:2px;position:absolute;right:-8px}._5VBcBVybCfosCzMJlXzC3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;color:var(--newCommunityTheme-bodyText)}._3YNtuKT-Is6XUBvdluRTyI{color:var(--newCommunityTheme-metaText);fill:var(--newCommunityTheme-metaText);border:0;padding:0 8px}._3YNtuKT-Is6XUBvdluRTyI:active,._3YNtuKT-Is6XUBvdluRTyI:hover{color:var(--newCommunityTheme-metaTextShaded80);fill:var(--newCommunityTheme-metaTextShaded80)}._3YNtuKT-Is6XUBvdluRTyI:disabled,._3YNtuKT-Is6XUBvdluRTyI[data-disabled],._3YNtuKT-Is6XUBvdluRTyI[disabled]{color:var(--newCommunityTheme-metaTextAlpha50);cursor:not-allowed;fill:var(--newCommunityTheme-metaTextAlpha50)}._2ZTVnRPqdyKo1dA7Q7i4EL{transition:all .1s linear 0s}.k51Bu_pyEfHQF6AAhaKfS{transition:none}._2qi_L6gKnhyJ0ZxPmwbDFK{transition:all .1s linear 0s;display:block;background-color:var(--newCommunityTheme-field);border-radius:4px;padding:8px;margin-bottom:12px;margin-top:8px;border:1px solid var(--newCommunityTheme-canvas);cursor:pointer}._2qi_L6gKnhyJ0ZxPmwbDFK:focus{outline:none}._2qi_L6gKnhyJ0ZxPmwbDFK:hover{border:1px solid var(--newCommunityTheme-button)}._2qi_L6gKnhyJ0ZxPmwbDFK._3GG6tRGPPJiejLqt2AZfh4{transition:none;border:1px solid var(--newCommunityTheme-button)}.IzSmZckfdQu5YP9qCsdWO{cursor:pointer;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO ._1EPynDYoibfs7nDggdH7Gq{border:1px solid transparent;border-radius:4px;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO:hover ._1EPynDYoibfs7nDggdH7Gq{border:1px solid var(--newCommunityTheme-button);padding:4px}._1YvJWALkJ8iKZxUU53TeNO{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7{display:-ms-flexbox;display:flex}._3adDzm8E3q64yWtEcs5XU7 ._3jyKpErOrdUDMh0RFq5V6f{-ms-flex:100%;flex:100%}._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v,._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v{color:var(--newCommunityTheme-button);margin-right:8px;color:var(--newCommunityTheme-errorText)}._3zTJ9t4vNwm1NrIaZ35NS6{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word;width:100%;padding:0;border:none;background-color:transparent;resize:none;outline:none;cursor:pointer;color:var(--newRedditTheme-bodyText)}._2JIiUcAdp9rIhjEbIjcuQ-{resize:none;cursor:auto}._2I2LpaEhGCzQ9inJMwliNO{display:inline-block}._2I2LpaEhGCzQ9inJMwliNO,._42Nh7O6pFcqnA6OZd3bOK{margin-left:4px;vertical-align:middle}._42Nh7O6pFcqnA6OZd3bOK{fill:var(--newCommunityTheme-button);height:16px;width:16px;margin-bottom:2px} It refers to the maximum decline allowed in one trading day on a specific contract. You can now choose your new set by clicking on the "Layout" drop down, as it will be listed in the menu towards the bottom. Press J to jump to the feed. Forex trading involves leverage, carries a high level of risk and is not suitable for all investors. In thinkorswim, it has more than one meaning however. This is useful in cases where an event (i.e. If you click on “Bid” you will bring up sell order ticket. And your friends that are shorting on other platforms are paying ridiculous borrow fees. Below you will find a list of common rejection messages and ways to address them. What is the difference between a Stop and Stop Limit? ThinkorSwim is owned by TD Ameritrade, TD Ameritrade is an American online broker based in Omaha, Nebraska. The risk with a STOP is that you are not guaranteed the STOP price as it turns into a MARKET order when it is triggered. Adjust this second order to the Stop activation price of your choosing. Next, change the ‘Advanced Order’ drop down in the lower left corner of the Order Entry window and select ‘1st trgs OCO’. Yes it is possible. It refers to the maximum increase allowed in one trading day on a specific contract. During that time, if the /ES, or /MES goes up 7%  from the 3 pm central fixing futures price, limit up rules will be in effect. Thinkorswim is built for traders by traders. Dumbest shit i have ever heard. If the underlying index hits level 1 (7%) or level 2 (13%) during us trading hours, trading of futures products tied to S&P 500, Nasdaq 100, Dow Jones Industrial Average, and Russell 2000 will be halted for 10 minutes, and will resume trading 10 minutes regulatory halt commenced. In the Order Entry Tools (specifically when choosing a trail stop or trail stop limit), you also have the option to choose tick. Press question mark to learn the rest of the keyboard shortcuts. If you want to buy more than 100 shares, just modify this and go ahead and you can choose from a limit order or stop order or a market order. This will produce a populated trading ticket in the bottom portion of the platform. This is because mini options only represent 10 shares, not 100. Used with Permission. Now, pull up the buy or sell order you want in the "Order Entry" section and adjust the price for your Limit order. Past performance of a security or strategy is no guarantee of future results or investing success. Let us know what you find out. Coppock Curve Strategy for Shorting in Bear Markets? You can only short ETB stocks. If you click on “Ask” you will bring up a buy order ticket. Hard to borrow shares can also be located for a fee. Portfolio Margin rules, methodology, and more. In other words, if the near term expiration has greater volatility than the back month, the MMM value will show. It may not display this or other websites correctly. They can be helpful. Cookies help us deliver our Services. REJECTED: This stock is not available to borrow. “rejected-no shares available to borrow” means your are trying to short a stock that isn't available to short. Now you can see that we are looking at the Apple chart on the [inaudible 00:00:19] only on today’s data. 5. Click it and a window will appear where you can either set the account cash or, check the box to 'Reset All Balances and Positions'. REJECTED: No futures trading is allowed on this account, REJECTED: Futures options are not allowed on this account, REJECTED: Futures price is outside price band (Upper band 0.00, lower band 0.00), REJECTED: No forex trading is allowed on this account, REJECTED: Your forex buying power will be below zero ($0.00) if this order is accepted. You need margin to short. Why do I see Market Maker Move on some underlying’s but not others? Adam is an experienced financial trader who writes about Forex trading, binary options, technical analysis and more. 3. On the fourth module, trading. How do I create an entry order with an OCO bracket closing order attached (aka 1st Triggers OCO)? Thanks, thats helpful feedback. From the Charts tab, while you have a symbol charted, look on the far right had side and you will see a sidebar. TD Ameritrade does not make recommendations or determine the suitability of any security, strategy or course of action for you through your use of our trading tools. By the way, my account is fully funded and has been for a few weeks. I don't know where, but somewhere it should say HTB or something like that. This really doesn’t matter, but I’m going to take an overall look at what has been going on in order to take the trade. Feel free to email or call me to give you more details on our short list. Within the platform follow Trade > All Products. earnings) takes place in the front month and one would like to estimate the implied move due to that event. Futures and futures options trading is speculative and is not suitable for all investors. It is better to say that Market Maker Move is a measure of the implied move based of volatility differential between the front and back month. REJECTED: You will open a prohibited position with BP: Illegal -1 shares. New comments cannot be posted and votes cannot be cast, More posts from the thinkorswim community. When you change it to open, it means that you are short selling, which means that you are borrowing 500 shares in order for you to be able to sell them because you don’t owe them. Short sell orders, ETB or HTB, are only good for the day and cannot be entered GTC as daily inventories can change.