How To Cancel A Pending Options Order
There are five main ways to close an existing option order
- From the chart
- From the Trading Menu
- From the Option Chain
These methods work for both single- and multi-legged options.
Click the Cancel button (X) on the order line
![](https://media.screensteps.com/image_assets/assets/000/770/970/original/09b33eee-ccd8-439f-a61d-fca3d4c6a7a8.png)
This opens the Cancel Orders window. The tick box by the order is pre-filled with a check mark. Click Cancel 1 Order to cancel the pending order.
![](https://media.screensteps.com/image_assets/assets/003/223/654/original/9ec66b84-6bce-458f-aafd-c1237303a9f6.png)
Multi-legged option orders are treated as one order for the purpose of canceling. You can cancel single options from either the underlying or option chart.
To cancel an order for a stock using the Menu, click the Trading button
![](https://media.screensteps.com/image_assets/assets/003/223/646/original/227f5bad-5fce-4f5f-993c-b33b90891972.png)
From the drop down menu choose Cancel Orders...
![](https://media.screensteps.com/image_assets/assets/003/223/652/original/e6cacf14-ae0d-4647-92f8-4c80441261b0.png)
This opens the Cancel Orders window. The tick box by all pending orders is pre-filled with a check mark.
![](https://media.screensteps.com/image_assets/assets/000/770/975/original/50ed6488-e348-42e5-81de-a5223357cbbb.png)
Change the radial button from "All Symbols" to "For Symbol {Sym}"
![](https://media.screensteps.com/image_assets/assets/000/770/977/original/df3aaeed-8203-45d7-b5bd-2912539dda38.png)
Now the tick box by the order for the specific symbol has a check mark. Click Cancel 1 Order to cancel the pending order.
![](https://media.screensteps.com/image_assets/assets/000/770/961/original/766b57c9-40e3-44f3-9b13-204fe808e545.png)
3. Cancel from the Option Chain window
Find the correct symbol in the option chain (for the strike price and expiration date of the contract to be canceled).
![](https://media.screensteps.com/image_assets/assets/001/376/758/original/c7f23c23-1fbe-4fa3-82bf-a8a6aec3067f.png)
Right-click on the symbol row to get the drop down menu.
![](https://media.screensteps.com/image_assets/assets/003/223/648/original/78ae1a4c-fbc2-4366-a82e-28efc80dafc2.png)
Select Cancel Orders from the menu
![](https://media.screensteps.com/image_assets/assets/003/223/651/original/bdf48367-c5a9-4d64-87dc-da63ebee95f5.png)
This opens the Cancel Orders window. The tick box by all pending orders is pre-filled with a check mark.
![](https://media.screensteps.com/image_assets/assets/001/376/760/original/50b2b974-eb44-4277-af39-c8b7c4084a71.png)
Change the radial button from "All Symbols" to "For Symbol {Sym}"
![](https://media.screensteps.com/image_assets/assets/001/376/756/original/f9907bd5-4873-49e9-b765-db37e851d4fe.png)
Now the tick box by the order for the specific symbol has a check mark. Click Cancel 1 Order to cancel the pending order.
![](https://media.screensteps.com/image_assets/assets/001/376/752/original/c6b4398c-bccc-45e5-a939-d62ec1663195.png)
Anytime more than on symbol has a check mark in the Cancel Orders window, simply change the radial button to For Symbol to narrow the cancel to the current active symbol.
The trading tools work on either a LIVE brokerage account or a PAPER (simulated) trading account. Live market trading requires an account with TC2000 Brokerage (www.TC2000Brokerage.com).