Select from the available fields to create an order. The fields are context-sensitive, which means that only valid selections will be active. For example, if you are creating any kind of order other than a Pegged to Stock options order routed through BOX, this page will be inactive.
Field
Description
Notes
Stock Ref Price
Enter a stock price.
If you do not enter a value, the midpoint of the NBBO at the time of the order is used.
Underlying Range (Lower)
Define the lower portion of the stock range outside of which your order will be cancelled.
Underlying Range (Higher)
Define the higher portion of the stock range outside of which your order will be cancelled.
Delta
Enter a value (which will be used as a percent, ie. ".5" equal 50%) that will be multiplied by the change in the underlying stock price. The product is added to the starting price to determine the option price.
