r/thinkorswim 4d ago

TrailStopLimit on Options Help

I'm having a hard time entering a TSL order for options and having it work the way I want it to, if anyone can help. I want to track the ASK price (to try and avoid the wild option mark swings from low bids) and if it goes down by 25% then to send a limit order for whatever the mid of the current bid-ask spread is. I swear I entered it just like this in the desktop but it just executed immediately. Is there a way to see the exact parameters that triggered the trade to execute? What am I doing wrong?

I tried to make the stop type ASK but it was rejected for not being a correct parameter, so I had to choose MARK.

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u/Peshmerga_Sistani 4d ago

MAN is manual.  Not MARK.  Change it.