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Using the ComboTrader

ComboTrader provides three tabbed interfaces to help you create multi-legged spreads for futures and options.

Multiple combos

Use the Multiple tab to create a group of individual combination orders on the same underlying at the same time. For certain strategies including Diagonals, boxes, Strangles, Risk Reversals, and Vertical Spreads you can filter by Point Spread.

 

Strategy combo

Use the Strategy tab to select a recognized combination order and define the necessary parameters. Note that for exchanges that list both American and European style options, a Trading Class field presents a dropdown list of available classes.

 

Field Name

Description

Underlying

Enter the underlying symbol.

Type

Select the instrument type for the strategy. Choose Options or Futures.

Strategy

Combination strategies are listed based on the Leg Type you selected. For descriptions of all combination strategies, see the Combination Orders topic. Use the Help button for strategy descriptions.

Multiplier

Select the contract multiplier.

Worksheet

Select Sell Combo or Buy Combo in the graph drop-down to see what the combination order looks like.

The worksheet categories display drop-down list boxes each time you need to make a selection. Move through the worksheet and select choices as needed.

Reset

Click Reset to start over, either by selecting another strategy or editing the legs of the chosen strategy.

Request market data for legs

Check to create a market data line for each leg of the order, to be displayed on the trading screen.

Pair or Leg-by-Leg Combo

Use the Pair or Leg-by-Leg tab to create the combination one leg at a time.

 

 

Important Disclosures