Coming Enhancements: Conditional Orders

An improved Conditional Trading experience is on its way to Fidelity.com. Take a look at the new features we've added!

New Conditional Order Type

  • One-Triggers-a-One-Cancels-the-Other (OTOCO): This new order type combines a One-Triggers-the-Other (OTO) and a One-Cancels-the-Other (OCO) into a single order. It will allow you to enter a position as well as two secondary orders so that if one is triggered, the other is automatically canceled.

Screenshots are for illustrative purposes only.

More Ways to Tailor Your Orders

  • New contingent criteria: You'll be able to trigger a Contingent order using an option contract's last trade, bid price, or ask price.
  • Stop Limit prices: You'll have the flexibility to enter different stop and limit prices when placing a Stop Limit order as part of your Conditional order.
  • Customizable order expiration: You'll be able to specify a date and time for the expiration of a good 'til canceled (GTC) time-in-force, as well as for Stop and Trailing Stop orders (up to 180 days out) for both equities and options.
  • Expiration alerts: You'll be able to request alerts for upcoming expirations on your conditional orders.

Screenshots are for illustrative purposes only.

Edit Order Expiration

  • Edit order functionality: You'll have the ability to change the expiration date, expiration time, and alert details directly from the Orders page.*

Screenshots are for illustrative purposes only.

* Available on equity and options orders entered through the following trade tickets: Trade Stocks/ETFs, Contingent, Multi-Contingent, One-Cancels-the-Other (OCO), One-Triggers-the-Other (OTO), and One-Triggers-a-One-Cancels-the-Other (OTOCO).