Pegged to Stock Columns

Column Name

Description

Pegged-to-Stock

Delta

Used for pegged to stock orders. This value is used as a percent, and is multiplied by the change in the underlying price. this value is added to the starting price to determine the price for a call option.

Stock Ref Price

An optional value used for Pegged to Stock option orders. If left blank, the NBBO midpoint is used. This value is subtracted from the current NBBO midpoint to determine a change in the stock price.

Undrl Range (High)

The optional high-end value of a stock range for Pegged to Stock orders. If the price of the underlying rises above this value, the order is cancelled.

Undrl Range (Low)

The optional low-end value of a stock range for Pegged to Stock orders. If the price of the underlying falls below this value, the order is cancelled.