Anyone know if I can place an order on Schwab where one cancels the other? Example: buy an option at 1.00. Want to set a limit sell at 1.30, but also a limit sell at .90 in case it goes against me.
If it’s possible can someone tell me where to find on the Schwab app
One Cancels the Other Order Schwab
byu/Zealousideal-Yard843 inoptions
Posted by Zealousideal-Yard843
4 Comments
I know it is frowned upon to say this, but did you do any kind of a search?
This was found by entering Schwab OCO – [How to Use Advanced Stock Order Types | Charles Schwab](https://www.schwab.com/learn/story/how-to-use-advanced-stock-order-types)
That was the first result, but there are many others and some videos as well.
Not obvious to me if it is available on the basic app, you may need to download thinkorswim mobile from the Google/Apple store. You log in w/ the same credentials.
You can, but it takes longer to place an OCO order on the TOS app than on the TOS desktop version because there isn’t a way to save a pre-made template. There are several youtube videos showing how to make the OCO order in the app.
I haven’t been able to do it on mobile, but I have this on some positions I’ve placed on the web browser version, might be able to do it if you go to the site and request desktop version on the mobile web browser