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How do I tell the difference between Options standard or non standard?
Options standard or non standard.
There is more than one option showing in the scanner for the same stock. If you put the stocks on the scanner in alphabetical order ( click on the to of the stock code column to change the order), when you go through the different stocks that have come up, make sure there isn't multiples of the stock showing, so you are not double checking the same stock.
The max profit is $60 or more.
If the max profit is greater than $60 then it is getting to be very close to that "too good to be true" trade. So if the returns are that high then it is likely to be non standard or it highlights there is a high risk on this trade.
The % return is 15% or more.
Same as above, if the return is greater than 15% then it is getting to be "too good to be true".
Option codes don't match TWS.
Once your account is open, you can start sim trading, when you place the option, of the codes on LT don't match EXACTLY to the codes on TWS then it is non standard.
I see the term BECS used occasionally - what are BECS?
BECS stands for Bear Call Spreads - where you see the market in the downward direction, or short.
I would like to register for the "Trade Now" service in the Lifestyle Professional Software. How do i do that?
Please call Customer Service on 1800 113 124, and they will send you a link to register.
How do put stock symbols into My Watch List in the new LT 8.4?
Scan the required stock, right click in the chart - select "Add to my watch list"
Where do I find update times for Australia?
Click here to view the Update Times
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