TradeStation Help

Placing Single-Leg Orders

Orders for individual options can be placed directly from the Options tab of the Order Bar once your TradeStation account has been enabled for trading equities options and index options. Single-leg option positions can be displayed on a chart if selected under the chart's Format Account Orders & Positions - Settings tab.

Select the Options tab from the Order Bar.
Enter the options symbol (equities or index) for which to place an order in the Symbol box. Use Symbol Lookup to search the option(s) for an underlying root symbol and category. Click Modify Filter to specify the Strike Price Range, Expiration Date(s), Option Type, and Symbol Type.

Select the number of contracts to purchase using the $image\spin_up_button.gif$ or $image\spin_down_button.gif$ in the Quantity box.
Select the order type (Limit, Market, Stop Limit, Stop Market) from the Order Type drop-down list.
For limit orders, set the limit price to adjust the price using the $image\spin_up_button.gif$ and $image\spin_down_button.gif$ in the Limit Price box. You can also click Auto to use the Auto Price feature.
For stop orders, set your stop price in the Stop Price box. Use the $image\spin_up_button.gif$ and $image\spin_down_button.gif$ buttons to adjust the price.
Select the length of time in which the order to be valid from the Duration drop-down list box.
Select the options account to use in settlement of the order from the Account No. drop-down list.
Click Buy to Open or Sell to Open to add contracts to your position or click Sell to Close or Buy to Close or to remove contracts from your position.
Click Yes to send the order or No to cancel the order in the Confirm dialog.

You can disable the Confirm dialog if you do not wish to confirm your order before placing it. For more information, see Enabling and Disabling Order Confirmations.