If the (Signal price) alert has been crossed then the signal is valid and we can place an order to BUY the call  option. If the bid/ask of the option is Below the Max Entry then place an order at the mid-price (halfway between the bid and the ask). 

The Max Entry price is a fair price for the option, this price is already generous. So if the option’s price has run away don’t chase it.

If the bid/ask spread is greater than or equal to $0.50 then the prices will be shown in red, this is a warning to check the spread when the market opens, quite often it will have tightened up.

Scenario - The option is trading above the Max Entry price 

Place an order at the Max Entry price that is valid for one day. If the price comes back down then you will be filled, otherwise the working order will expire at the end of the day.

Next: Move to Watchlist 
Prev: Trading Options 
Contents: PowerX Analyzer User Guide