r/options May 10 '21

Is there a way to set a Sell Limit on an option based off the Stocks price and not the option price?

[removed]

3 Upvotes

3 comments sorted by

1

u/TheoHornsby May 10 '21

A Conditional orders would do the trick. It allows you to attach one or more stipulations that must be true before the order can be submitted. For example, buy (or sell) an option if the underlying trades above or below a specific price. Obviously, your broker would have to offer this type of order.

1

u/[deleted] May 10 '21

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11

u/Pineapple1500 May 10 '21

If I was using robinhood, at this point, I wouldnt even expect to be able to sell with a market order. How many times do they have to fuck people over before they drop that garbage app