Theoretical Option Price On the Charts
Do you prefer to trade key levels but still gain the leverage of options? Tired of waiting for your price target to be
hit so you can manually execute an options trade? Well there are built in tools in Thinkorswim platform that make this very easy and virtually painless. Thinkorswim is able to display the expected price of the underlying stock given a specific price of the option contract.
It’s been there all along and perhaps you have been overlooking this very useful tool. This also means you can place a limit order for an option and you can see on the chart the approximate level the underlying stock must trade in order for your order to be executed.
Lean More:
Would you like to learn how to master the chart settings on Thinkorswim? Click here for our 3 part series: Thinkorswim Chart Settings Tutorial
DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS.
*Thinkorswim is a chart analysis platform offered by TD Ameritrade: www.tdameritrade.com
TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex.
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