How to Place a Vertical Spread in thinkorswim
Modules 1–2 are free. This module stays locked until you buy Options 201: Vertical Spreads for $39.
What this module covers
- Build a vertical from the Option Chain using the Spread selector set to Vertical
- Set a limit order at a net debit or net credit and review the order before sending
- Use Analyze > Risk Profile and paperMoney to check a spread before placing it