Learn trading ideas & strategies from TradeKing's experts

Upcoming Live Events
More live events...
Learn it. Trade it.

Open your TradeKing account today!

Upcoming Live Events
More live events...

One Triggers Other (OTO) Order

Try this tool

With a One Triggers Other order, you can enter an initial order for a stock, ETF or option, and simultaneously place a second order that’s contingent upon the fill of the first order. That is, with One Triggers Other you are actually placing two orders at once. The first is sent to the market immediately, the second is sent to the market only when the first one is filled.

One Trigger Other orders let you fine-tune your trade’s entry or exit strategy to execute your plan when your specific targets have been reached. It’s a great way to “trade your plan” with discipline, while enjoying the convenience of automated trade entry.


Related Strategies

412 Short Put Image
Short Put Selling the put obligates you to buy stock at strike price A if the option is assigned. When selling puts with no intention of buying the stock, you want the puts you sell to expire worthless. This...

523 Long Inverse ETF
Long Inverse ETF The concept behind inverse ETFs seems quite simple – emphasis on “seems”. When the underlying target index goes down, the value of the ETF is designed to go up. The target index may be broad-based,...

336 Diagonal Spread w/ Puts Image
Diagonal Put Spread You can think of this as a two-step strategy. It’s a cross between a long calendar spread with puts and a short put spread. It starts out as a time decay play. Then once you sell a second put with...

More strategies...

All-Star Analysis

TradeKing is Expanding in Charlotte on 04/21/2015
As the TV jingle goes, “we’re moving on up” with our brand-new, gorgeous office space in Charlotte. We moved in just a few weeks ago, and...

TradeKing Midday Market Call Recap - SPX, VIX, KO on 10/01/2013
Recap for Tuesday, October 1st by Kevin CorriganDid you miss Tuesday’s TradeKing Midday Market Call? Here’s a quick recap. Don’t miss...

TradeKing Midday Market Call Recap - SPX, VIX, CRUS on 10/15/2013
Recap for Tuesday, October 15th by Kevin CorriganDid you miss Tuesday’s TradeKing Midday Market Call? Here’s a quick recap. Don’t miss...

More analysis...

On-Demand Videos

32080 Finding Potential Opportunities Using Weekly Options 154x116 Image.png
Finding Potential Opportunities Using Weekly Options

Many option traders are used to only trading options that expire every month. The introduction of weekly expiring...


16640 RC Covered Calls as a multipurpose strategy154 x 116
Rookies Corner: Covered Calls as a Multi-Purpose Strategy

Join Russell Rhoads, CFA of the Options Institute at the CBOE, as he discusses Covered Calls. Like many spread...


3187 Defining Exercise and Assignment in Options Trading-qa
Defining Exercise and Assignment in Options Trading

Brian Overby answers the question "In regards to trading options, what do the terms exercise and assignment mean?...


More videos...