Creating an options order

To create an options order:

  1. In the top navigation menu, click or tap Buy/Sell


  2. Enter the details for the option order you want to create.

Order details  Details 
Symbol  Click or tap STK and select OPT. Then enter the symbol you want to buy or sell. The default expiration date, strike price, and option type appear. 

Basic quote details, including bid, ask, bid size, ask size, and currency, are be displayed.

Modify the expiration date, strike price, and option type accordingly. For more information, see Getting an option quote.

Tip: click or tap Options in the quote area to get more detailed option information.

Expiry  Select an expiry date.

Strike  Select a strike price.

Type  Select the type of option, call or put. 

Quantity  Enter the quantity of contracts you want to trade manually or use the plus and minus icons to increase or decrease the number. You can set your default trade quantity in your order entry preferences.

Note: one option contract is typically for 100 shares. 

Order type  Select the type of order you want to submit. To learn more, see Order types

Account  Select the account you want to use to submit the order.

Limit price 

This field only applies if you’ve selected the limit, LOO (limit-on-open), LOC (limit-on-close), or stop-limit order types. 
Enter your limit price:

  • To automatically update the bid or ask price in real time, click or tap the lock  and select Follow bid price or Follow ask price .
  • To choose a custom price, select Do not follow 
For more information, see Float limit.

Note: you need to subscribe to an enhanced or advanced data package to follow the bid/ask price in real time. 

Trailing   This field only applies if you’ve selected the trailing stop, or trailing-stop limit order types. For trailing stop orders, you have the option of entering a percentage by clicking or tapping the dollar sign  . To learn more see Order types.

Stop price  This field only applies if you’ve selected the stop or stop-limit order types. To learn more, see Order types.

Limit offset  This field only applies if you’ve selected the trailing-stop limit order type. To learn more, see Order types.

Route  Select a route or leave the selection at Auto to let the platform determine the best one. Canadian routes will be listed for Canadian symbols and U.S. routes will be listed for U.S. symbols. 

To view this option, you must update your Order entry preferences to Show advanced options.

Sub-route  This field will be filtered according to the route selection. It indicated where you prefer the order to be executed. Leave the selection at Auto to let the platform determine the best route.

To view this option, you must update your Order entry preferences to Show advanced options.

Duration  Select a duration to specify how long the order should remain active. For more information, see Order durations

Date  This field only applies if you’ve selected the GTD (Good ‘till date) order duration. For more information, see Order durations

Special instructions  You have the option of selecting AON and ANON, and entering quantities for Iceberg and Min Qty. To learn more see Special instructions

To view this option, you must update your Order entry preferences to Show advanced options.


  1. Click or tap Buy or Sell
  2. Depending on your order entry preferences, an order confirmation window appears. Review your order, and click Send order to send your order.


Once the order is filled, fails, or is rejected, a pop-up message will appear in the bottom right corner of the application to instantly notify you of the order’s status. An order filled message will fade and close automatically.
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