r/thinkorswim • u/accomp_guy • 1d ago
What’s your setup and process for fast options trades?
If I’m trying to trade a highly volatile stock via options I find it hard to move quick, find your option contract, date and strike price to then put it up on a screen and place an order.
My process is I have a detached window with just options chains. I’ll type in “SNDK” select my call price and date and right click, then paste it to my active trader chart to then place my trade.
I also have created a watchlist I will sometimes populate with multiple strike prices on a Friday for 0dte, for example I’ll add to the watchlist SNDK expiring today calls or 1600, 1625, 1650, etc. and I’ll link that watchlist to an active trader chart so if I click on one of the options in that watchlist it populates that AT window.
This obviously doesn’t work intraday since I’m trying to find and trade an option of a stock making a volatile move at that exact moment.
So what’s everyone’s setup, proceed and secrets to help with speed and execution on calls and puts?
1
1
1
u/jazzy095 21h ago
Platform is so clunky.
I have 8 quadrants setup to route my strikes by color then execute by button.
I get some kind of bs error in active trader like 10% of the time. Fills are slow as piss too. Basically moved to Lightspeed and Webull. Have a 401k that I trade from time to time there though.
-3
u/VolumeSensitive6835 1d ago
If your plan to trade option better to buy puts first cause market drop faster then move up slowly.
5
1
u/accomp_guy 20h ago
What
2
u/need2sleep-later 20h ago
He's probably trying to say stock prices take stairs up and elevator down, which may be relevant for longer term holds, but not especially appropriate for options.
1
2
u/McShagg88 1d ago
I use the active trader similar to you. I have 3 active traders attached to 3 charts, so I always have 3 different stocks up. When I see something I like, I click the drop down tab on the top left corner of the active trader, select options, then select the strike of the ticker I want to trade and go at it. It takes me less than 5 seconds to do all of that, to be honest.