Do you prefer to trade key levels but still gain the leverage of options? Tired of waiting for your price target to be hit so you can manually execute an options trade? Well there are built in tools in Thinkorswim platform that make this very easy and virtually painless. Thinkorswim is able to display the expected price of the underlying stock given a specific price of the option contract. It's been there all along and perhaps you have been overlooking this very useful tool. This also means you can place a limit order for an option and you can see on the chart the approximate level the underlying stock must trade in order for your order to be executed. DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS. *Thinkorswim is a chart analysis platform offered by TD Ameritrade: www.tdameritrade.com TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex. Please be sure to share this page with your friends and colleagues. Leaving comments below is the best way to help make the content of this site even better.
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Duration: 9m 48s
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