How to Close Spreads on ThinkorSwim Desktop Platform
shortthestrike shortthestrike
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 Published On May 27, 2023

In this video we’ll learn how to close options spreads in the ThinkorSwim Desktop Platform. This includes closing out vertical spreads, butterfly spreads, and iron condors.
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Throughout this tutorial, we'll make heavy use of the 'Monitor' tab within ThinkorSwim, a feature that allows us to monitor all the activity in our account, from open and working orders to our current positions. We'll specifically go over how to manage positions on stocks like Apple, Google, and Microsoft, and we'll be sure to cover different types of spreads in each example.

Timestamps
0:00 Intro
1:15 Adjust settings for spreads
2:45 Closing vertical spreads
5:32 Closing butterfly spreads
7:58 Closing iron condors
10:22 Outro
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