The All in One trade tool is the most dynamic, advanced trading tool in the StreetSmart® family of software, offering unprecedented flexibility, particularly around option trading workflow. While similar to the Trade tool and the trading interface found in the Symbol Hub, the special features spelled out below help make the All in One tool especially valuable to option traders.
Open the All in One tool by going to Launch Tools and selecting Trade - All in One.
Like most tools in StreetSmart Edge®, the All in One trade tool has a tabbed interface, where you can customize the contents of each tab. If you often trade, for instance, calendar call spreads, you can create a Calendar Call tab rather than having to set the Options tab up for calendar call spreads each time.
Quickly turn a stock or option order into a multi-leg order using the button. If you change the characteristics of an individual leg, the tab updates the strategy and the option chain.
The tabs in the lower portion of the All in One tool include Market Depth (for Equities only), Regional Quotes (for Options only), Options Chains (the default options data display), Trade and Probability Calculator, and Top Movers.
The Title Bar will display the last trade price, change direction, and change from the open, as well as the full name of the company or index and exchange.
Below the Title Bar is the Level I data, as well as the Order Status and Position Indicators, which show whether your account has open orders or positions in the selected symbol.
Customize the Level I display by clicking on the icon or contract/hide the Level I data by clicking the up arrows .
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Multiple leg options strategies will involve multiple commissions. Please read the options disclosure document titled "Characteristics and Risks of Standardized Options." Supporting documentation for any claims or statistical information is available upon request.