open paper trade combo at a particular price

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  • olufemig
    Member

    • Feb 2023
    • 45

    #1

    open paper trade combo at a particular price

    hello,

    how can i open a paper trade at a particular price? i just did a paper trade debit spread and it seems there is no DOM which i can use to set the debit price. thanks
  • Francario Massimiliano
    Administrator
    • Jul 2008
    • 1033

    #2
    Hello,

    Originariamente Scritto da olufemig
    hello,

    how can i open a paper trade at a particular price? i just did a paper trade debit spread and it seems there is no DOM which i can use to set the debit price. thanks
    if you created the trades using the options chain, then the simplest solution is to place the trades in paper trading and after that go to the Trades section and edit their Filled Price value. Edit starts with a double click.
    If you already have the legs in the strategy, you can right click on a leg, and from the menu select Paper Trading -> Buy / Sell. This solution opens a window where you have the Bid and Ask prices, a field for the Quantity, a field for selecting the type of order, and one for entering the trade price (unless you select "Market" for the order type).

    Max Francario
    Manuale di beeTrader
    Manuale di Fiuto Beta

    Comment

    • olufemig
      Member

      • Feb 2023
      • 45

      #3
      Originariamente Scritto da Francario Massimiliano
      Hello,



      if you created the trades using the options chain, then the simplest solution is to place the trades in paper trading and after that go to the Trades section and edit their Filled Price value. Edit starts with a double click.
      If you already have the legs in the strategy, you can right click on a leg, and from the menu select Paper Trading -> Buy / Sell. This solution opens a window where you have the Bid and Ask prices, a field for the Quantity, a field for selecting the type of order, and one for entering the trade price (unless you select "Market" for the order type).

      Max Francario
      thanks.. this works well for single contracts but not sure how it will work with spreads eg i want to get a spread debit to 3.6 for example. having to work each strike to get a total debit of 3.6 would be a bit awkward. any ideas?

      Comment

      • Francario Massimiliano
        Administrator
        • Jul 2008
        • 1033

        #4
        Hello,

        Originariamente Scritto da olufemig
        thanks.. this works well for single contracts but not sure how it will work with spreads eg i want to get a spread debit to 3.6 for example. having to work each strike to get a total debit of 3.6 would be a bit awkward. any ideas?
        in IB TWS, when you fill a combo order, you can see also the detailed filled prices for each of the legs of the combo. Same applies to open positions in IB TWS Portfolio.

        Max Francario
        Manuale di beeTrader
        Manuale di Fiuto Beta

        Comment

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