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Column
Name
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Description
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Continuous Update
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If checked, the option limit price is
automatically updated based on significant movement in the price
of the underlying. Also used for EFPs.
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Hedge Aux Price
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If needed, enter the auxiliary price for
a delta neutral order type that requires another price field.
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Hedge Order Type
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Define an order type for a delta neutral
trade. This will be submitted in conjunction with dynamic management
of your volatility orders.
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Reference Price Type
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For dynamic
volatility orders. Choose the average of the NBBO, or the
bid or ask price to be used as the reference price.
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Undrl. Range (High)
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The optional low-end value of a stock
range for Volatility orders. If the price of the underlying falls
below this value, the order is cancelled.
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Undrl. Range (Low)
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The optional high-end value of a stock
range for Volatility orders. If the price of the underlying rises
above this value, the order is cancelled.
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Volatility
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Displays volatility for the option at
a specific strike price.
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Volatility Type
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Select either Annual or Daily implied
volatility calculation for VOL orders.
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