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OptionAutomator Options Trading Glossary:
Definition, Examples & Resources:Stop Order'
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What is Stop Order in Options Trading ?
A traditional close order with special feature of a predetermined trigger price before the order is released in the market. The trigger price of a Stop Order is a price point beyond which point he is not willing to lose more in a given trade.
Explore More of OptionAutomator’s Content:
Glossary: Stop Limit Order
A type of Stop Loss Order that converts to a Stop Limit Order when the security reaches a predefined price.[click to read more]
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