jpb Veteran   Posts: 168 Joined: 5/11/2005 Location: Brown Deer, WI  User Profile | If you go into the strategy and look at the Trade Plan block, you will find where the open order is defined. Select the Initial Order and switch to the Orders tab. In the Leg A area, you can change the order type to Limit and then the limit Offset to Bid-Ask Spread. I've attached a screen shot of one of my option trade plans -- it will be different than what you probably have but it should give you an idea of the settings. I'm currently testing this particular trade plan so wouldn't recommend that you use these settings without some thought and testing of your own. One other thing you might try (assuming you have Auto Trade) is to set AT to run 30 to 45 minutes before market close and submit the market order. Jeff Drake & Ed mentioned on one of the webinars that bid/ask spread are more reasonable later in the day than at market open. [Edited by jpb on 2/26/2020 10:36 AM]  Attached file : Screenshot from 2020-02-26 10-27-15.png (52KB - 1443 downloads) |
