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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (2394)	10/10/2022 8:54:31 PM
From: S. maltophilia	1 Recommendation Recommended By Elroy Read Replies (1) \| Respond to of 2591

I found some clarification on price increments. It seems to be .01 for the most active ones (and the lowest priced) and .05 for most of the rest. For Elroy's example, the options are thin and .05 applies. Something like T, it's .01. for most near the money strikes. SPY and such, it's always .01.I couldn't find the exact criteria. sec.gov td.com

To: robert b furman who wrote (2394)	10/10/2022 9:18:47 PM
From: Elroy	Read Replies (1) \| Respond to of 2591

I can split whole pennies and not a fraction. Do you mean that you can enter option buy and sell orders in penny increments using TD's Think or Swim? Schab definitely would only allow me to place a limit order in nickels. When you're talking 10-15 cents, it's a big percentage spread!! Should never have bought that turd call option in the first place I guess. MXL ain't going to $60 by Dec expiration!! I want my 12 cents!