esculapius1975
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Supposing that the stock XYZ is in a long term uptrend and now in the middle of a small correction and today high is 10$, closure is 9.8$ and i want to enter a bull put spread tomorrow, lets say, sell 1 put strike 20$ buy 1 put strike 10$, only if the price of the stock goes above 10.10$.
TRADEMONSTER gives the stop limit order on the price of the spread rather than the actual price of the stock. Knowing the price of the spread after closure 9.8 (lets say 1$) how to calculate the price for the spread for the stop limit order for the next day when the stock price will touch 10.10$.
Thanks in advance
G
TRADEMONSTER gives the stop limit order on the price of the spread rather than the actual price of the stock. Knowing the price of the spread after closure 9.8 (lets say 1$) how to calculate the price for the spread for the stop limit order for the next day when the stock price will touch 10.10$.
Thanks in advance
G