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Date/Time: Tue, 11 Mar 2025 07:04:39 +0000



Post From: Opening Stock Option position from a Stock Chart

[2016-02-02 20:23:24]
Sierra Chart Engineering - Posts: 104368
The child orders are sent along with the market order but then canceled due to not being able to produce a accurate tick size.
If the orders are being canceled, it is only indirectly related to the Tick Size. It is because either there is no response from Interactive Brokers, your trading system is canceling the orders, or Interactive Brokers is canceling the orders.

The strike price for the option symbol is 95 so you need a new Symbol Pattern in the Global Symbol settings for that. The difference is is that where the strike price is you need to use ## instead of ###.

Just another note the average price fill in IB (1.20) and Orders (1.20) under Orders and Positions is exactly the same, looking at Positions the fill price (1.21024) is different under Orders and Positions. Im unsure why this is, has this problem been an issue with other users before?
Yes this is not unusual with Interactive Brokers. You can ask them about their Average Position Price calculation.



Also the child orders are being sent at the exact same time as the parent order, can we modify orders after a duration of time, say 10 seconds? This might allow us to then attach child orders as the tick size can then be recognized.
You can do whatever you require.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

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