OK, let say that I have a call option that is at $5 and that I bought it at $3, since I want to protect it, what will be the order? Also, the same question if is a put. Thank you :confused:
Thank you, very interesting article, so if I understood right, if I have a call position I will use a sell stop, will I use the same if I have a put? Sorry for the question but I'm trying to learn.
Hello this is my first post. I do trade us indexes( options) and I have this question, is it possible to use stop limits? I use them to buy but I do not know how to do it when you sell. I'm just trying to avoid a big loss. Thank you