> For the complete documentation index, see [llms.txt](https://docs.nvstly.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.nvstly.com/submit-stocks-options-trades-on-discord/opening-trades.md).

# Opening Trades

How to open both stocks & options positions

{% hint style="info" %}
Opening triggers;\
**`BTO`** is used to open long\
**`STO`** is used to open short
{% endhint %}

## Stocks Format

### Opening Long

> **BTO \<ticker> @ \<price>**\
> I.e. *`BTO AAPL @ 188`*

To open a **long** stock position, use the trigger **`BTO`** followed by the ticker, then the symbol @ before the price.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2F0VG4qQ15ryDhD99kzbnA%2Fimage.png?alt=media&amp;token=f61e6e80-ada7-40f4-83cc-25ba2f6976e7" alt=""><figcaption><p>Example of opening a long position for $AAPL at the price of $188.00</p></figcaption></figure>

### Opening Short

> **STO \<ticker> @ \<price>**\
> I.e. *`STO AAPL @ 177.94`*

To open a **short** stock position, use the trigger **`STO`** followed by the ticker, then the symbol **@** before the price.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2FhINKlCi8Xjk6QlRepxYy%2Fimage.png?alt=media&amp;token=66fb7914-2409-463c-9438-411f66497bdc" alt=""><figcaption><p>Example of opening a short position for $AAPL at the price of $177.94</p></figcaption></figure>

##

## Options Format

### Opening Long

> **BTO \<ticker> \<exp. date> \<strike> \<call/put> @ \<price>**\
> I.e. *`BTO SPY 9/07 450 call @ 1.27`*\
> *`BTO SPY 9/07 450c @ 1.27`*

To open **long** options position, use the trigger **`BTO`** followed by the *ticker,* then the expiration date using MM/DD format *(and /YY if next year)*, the strike price, and either attaching **`c`** or **`p`** to it or specifying `call` or `put` followed by the symbol **@** and the price.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2FZuLjEWu8hypUdSHagGqX%2Fimage.png?alt=media&amp;token=20f16f4f-6fe9-42f7-891b-270afa4f649d" alt=""><figcaption><p>Example of opening a long Call position for $SPY, 9/07 expiration date, $450 strike price, and $1.27 for the price by using CMP</p></figcaption></figure>

{% hint style="info" %}
You can also use the format with expiration after strike & call/put\
I.e. `BTO SPY 450c 9/07 @ 1.27`
{% endhint %}

### Opening Short

> **STO \<ticker> \<exp. date> \<strike> \<call/put> @ \<price>**\
> I.e. *`STO SPY 9/08 450 call @ .32`*\
> *`STO SPY 9/08 450c @ .32`*

To open **short** options position, use the trigger **`STO`** followed by the *ticker,* then the expiration date using MM/DD format *(and /YY if next year)*, the strike price, and either attaching **`c`** or **`p`** to it or specifying `call` or `put` followed by the symbol **@** and the price.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2F9IVNUJMNPS9zjHvEewBq%2Fimage.png?alt=media&amp;token=81f69a6d-9dd6-499b-994e-67f910a31c0e" alt=""><figcaption><p>Example of opening a short Call position for $SPY, 9/08 expiration date, $450 strike price, and $0.32 for the price by using CMP</p></figcaption></figure>

{% hint style="warning" %}
Final Notes:\
\- **Do not use `$` with tickers.** \
\- Submit using a specified price, or use `CMP` or `M` for submitting at the current market price.\
\- Multiple trades can be submitted in a single message by using 3 back ticks (\`\`\`) before and after the whole message.
{% endhint %}

## Using Slash Commands

Submitting trades through slash commands has a more user friendly aspect to it but can take some seconds longer than text messages.

### Stocks

Type in `/open` then select `stocks`.

Type in or select the direction `Long` or `Short`.&#x20;

Input the ticker or select a provided ticker matching your input.

Enter in the price or use `0` for the current market price.

Notes can be added and are optional. [Trade Styles](/submit-stocks-options-trades-on-discord/trade-styles-risk-flags-and-trade-notes.md#trade-styles) (swing, scalp, etc.), [Risk Factor Flags](/submit-stocks-options-trades-on-discord/trade-styles-risk-flags-and-trade-notes.md#risk-flags), and a Take Profit and/or Stop Loss ([Setting TP/SL](/submit-stocks-options-trades-on-discord/setting-tp-sl.md#setting-tp-sl-with-trade-submission)) can all be added by using the notes.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2F9AeHIOVcTvOGa9QnNdCt%2Fimage.png?alt=media&amp;token=24af56a1-a9f2-4c2d-8f22-8e228de68858" alt=""><figcaption><p>Example of opening a long position for $AAPL at $177.90, adding the Earnings risk flag, and setting both TP/SL</p></figcaption></figure>

### Options

Type in `/open` and select `options`.

Type in or select the direction `Long` or `Short`.

Input the ticker or select a provided ticker matching your input.

For State, select `Call` or `Put`.

Enter in the date using the format MM/DD. *(Use /YY if next year.)*

Put in the strike price.

Enter in the price or use `0` for the current market price.

Notes can be added and are optional. [Trade Styles](/submit-stocks-options-trades-on-discord/trade-styles-risk-flags-and-trade-notes.md#trade-styles) (swing, scalp, etc.), [Risk Factor Flags](/submit-stocks-options-trades-on-discord/trade-styles-risk-flags-and-trade-notes.md#risk-flags), and a Take Profit and/or Stop Loss ([Setting TP/SL](/submit-stocks-options-trades-on-discord/setting-tp-sl.md#setting-tp-sl-with-trade-submission)) can all be added by using the notes.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2F1oQJlheprL9PGyvsZflZ%2Fimage.png?alt=media&amp;token=3be4363c-26d7-4589-962a-33ea13926973" alt=""><figcaption><p>Example of opening a long options call position for $SPY with $450 strike &#x26; expiration date of 9/07, adding the YOLO high risk flag, and setting both TP/SL</p></figcaption></figure>

{% hint style="info" %}
Did you know?\
Multiple trades can be submitted in a single text message by starting the message with 3 backticks (\`\`\`) and ending the message with 3 backticks.
{% endhint %}