Order Types

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

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 a trader might use them.

How a Risk Reversal Options Strategy Works

Having a risk reversal options strategy provides downside protection to the level of the purchased put option but limits the upside potential of a long stock position to the strike of the short call option. Here's how this strategy works.

The Pattern Day Trading Rule Explained

Watch to learn about the pattern day trading rule, what constitutes a day trade, and how to comply with the rule.

Options Spread Orders on thinkorswim® Desktop

Learn how to create options spread orders on thinkorswim® desktop.

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.

Place a Single-Leg Options Trade | thinkorswim®

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

How to Use Advanced Stock Order Types

Advanced stock orders can provide additional flexibility for investors. Learn about a few advanced order types that can help traders execute trades more in line with their goals.

Creating One-Cancels-Other Orders on thinkorswim®

Learn how to create a one-cancels-other or OCO order on thinkorswim®.

Mastering the Order Types: Market Orders

Learn about the characteristics, risks, and advantages of market orders.

Trading Up-Close: Bracket Orders

Learn about helping to manage risk by using bracket orders.