Trade Entry    

Entering trades is very straightforward in SCOTS. The layout of the portfolio makes it very simple to enter trades for options underlying contracts and cash positions.





To enter an option position, highlight the strike with the blue cursor and click on the Option Entry icon. This will open the Option Trade window. The Option Trade window displays the strike for the trade entry. Enter in the Units field the number of lots traded. For a buy trade, type in the number only (If the trade is a sell, type the - sign with the number). Trade price is the per unit value the numbers of units were traded at. A fill may be done at different prices. You may enter the average price or let SCOTS average it for you.

                       
Enter Futures (Underlying) and Cash positions too by selecting the "F" or the "C" icons

 

 

 

 


A Trade entry window will appear for the entry of the trade size and price