I use the following strategy for my Buy order:
I place these orders the night before since I work during open market hours. However, if you look at the image, on market Open (the price went above 31.9 right at the Open), I only got a partial fill at $3.5. This fill was 1:50 into the market open. There are 2 other fills that happened at that price, but I never got my positions filled at $3.5. There were fills at even lower price that I never got. And since Mark based values get an actual value ($3.5, in this case) when triggered, the rest of the position never got its fill since the underlying moved in my direction.
Any suggestion on how to make this underlying price based trigger more ‘forgiving’ so that I could have gotten a fill at say, $3.55?
Any idea why my trades did not get the best fills? I am assuming this is because there are other bigger players with lower latencies than TOS that can flood the market orders quicker?
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