The Strategies ticket allows traders to simultaneously buy and/or sell different options from the same ticket. All option legs are delivered as one order and executed as one. Benefits of option strategies include reduced margin requirement and limited market risk through spread trading.
The Option Strategies ticket supports US Stock & Index options and Euronext Stock & Index options.
How to access Option Strategies ticket
SaxoTraderGO: Trading > Option Chain > Strategies
SaxoTraderPRO: Add Module > Trading > Option strategies
The Option Strategies ticket can also be launched from a watchlist - right-click on the stock and choose Option Strategies.
Using Option Strategies
Launch the module and select the account and strategy or manually add a leg. Hit Buy / Sell button, once you are satisfied with chosen criteria. Confirm the order.
The system recognizes a strategy if you build it manually, unmatched strategies are recognized as custom.
Pending orders are visible in the Orders module and can also be modified or cancelled.
Please visit our web page to read more about Listed options trading conditions.