Interactive Brokers - conditional orders not working, why?

Discussion in 'Interactive Brokers' started by bernied, Oct 2, 2020.

  1. bernied

    bernied

    I'm trying to make a simple condition order:

    If QQQ falls <= 276 then sell 1x QQQ Nov20 267 put, limit at 10$. I believe that should all be ok, nothing fancy, but all buttons (add,edit) in the Conditional tab in Order Ticket are grayed out (disabled).

    Any ideas why ? I'd like to start using this feature.
     
  2. lindq

    lindq

    Are you approved for selling options?
     
    TimtheEnchanter likes this.
  3. bernied

    bernied

    I think so, either I don't remember me getting approved or I'm sellings lots of options without approval (don't tell the authorities!) ;-P Joking aside, I have a bunch of short contracts on options so I assume yes.
     
  4. bernied

    bernied

    Ok, found it. IB tech support told me: it works, but you have to switch to "classic TWS" (I have it in a tab now, it's in the menus somewhere...).

    I don't see why this isn't enabled in Mosaic TWS then, but anyway...
     
    george_the_second likes this.
  5. bernied

    bernied

    AAaaah, finally figured out the main issue, with help from IB support:

    That's what I had wrong. My workflow is almost always to start from the order entry window, submit orders then later modify them if needed. I never use the order ticket to start with (where conditions are specified). Something to be aware of to have this condition work...
     
    george_the_second likes this.