Contingency Order
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| When you place a stock or option order you can choose to place contingencies on that order, meaning that the order will be filled only when a specific event has occurred. | ||
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Additional Comments:
For example, a contingency order might be, "Buy 10 XYZ 80 calls at the market if XYZ stock trades above 75".
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Related Terms: | ||
Stop Order A stop order is an order to buy or sell a stock once the price of ... Fill or Kill (FOK) - An order where a precise number of contracts must be filled or the order ... Stop Limit This is an order that says once the stock's market price touches or goes below the ... | ||
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