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OEC API > API Support > Placing Limit Compound Orders as Credits vs Debits
Author Topic: Placing Limit Compound Orders as Credits vs Debits
(1 messages, Page 1 of 1)
Moderators: VPfau
RWare2020
Posts: 206
Joined: Feb 11, 2020


Posted: May 05, 2023 @ 10:49 AM             Msg. 1 of 1
When placing a compound option order and wanting to place a credit, should I be sending off a price that is a negative value?

I have noticed inside of gain trader demo when creating a Call Vertical (or any other compound option), if I put in a negative value and press transmit order, it shows "Credit: $" and anything above 0 shows "Debit: $".

Does this mean if I send off what I want to be a credit I need to send a negative value for the price? Or should everything be a positive value?

I have tried sending off a negative value for credit and it appears that they are getting filled immediately, when they should not be.

For example if I want to send off a credit spread at the price of 1.20, should I be sending off -1.20, or should I send off 1.20?

Thanks.