Opening Trades
How to open both stocks & options positions
Opening triggers;
BTO
is used to open long
STO
is used to open short
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.
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.
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.
You can also use the format with expiration after strike & call/put
I.e. BTO SPY 450c 9/07 @ 1.27
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.
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.
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
.
Input the ticker or select a provided ticker matching your input.
Enter in the price or use 0
for the current market price.
ADD GIF HERE of submitting trade (may need new screenshot for matching data)
Notes can be added and are optional. Trade Styles (swing, scalp, etc.), Risk Factor Flags, and a Take Profit and/or Stop Loss can all be added by using the notes.
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.
ADD GIF HERE of submitting trade (may need new screenshot for matching data)
Notes can be added and are optional. Trade Styles (swing, scalp, etc.), Risk Factor Flags, and a Take Profit and/or Stop Loss can all be added through by the notes.
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.
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