Order Types

Understand how and when to use orders to buy and sell a security, including market, limit, and stop orders.

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Learn how to place single-leg options trades on thinkorswim®.

Order Types

Three Types of Options Exit Strategies

Learn how certain order types like limit orders and stop orders can help implement your exit strategy for options trades.

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Order Types

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Order Types

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Order Types

Mastering the Order Types: Market Orders

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Order Types

3 Order Types: Market, Limit and Stop Orders

Market orders, limit orders, and stop orders are common order types used to buy or sell stocks and ETFs. Learn how and when to use them.

Order Types

Trading Up-Close: Bracket Orders

Learn about helping to manage risk by using bracket orders.

Order Types

Stock Order Types and Conditions: An Overview

Market orders, limit orders, and stop orders are common order types used to buy or sell stocks and ETFs. Learn about these order types and order qualifiers.

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Important Disclosures

The information provided here is for general informational purposes only and is not intended to be a substitute for specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner or investment manager.

Investing involves risk, including loss of principal.

Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Investing involves risks, including loss of principal. Hedging and protective strategies generally involve additional costs and do not assure a profit or guarantee against loss. With long options, investors may lose 100% of funds invested. Covered calls provide downside protection only to the extent of the premium received. Please read the options disclosure document titled "Characteristics and Risks of Standardized Options." Supporting documentation for any claims or statistical information is available upon request.

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