I thought this was interesting, but am not a big options trader so maybe it isn't a big deal?
optionsXpress new "Walk Limit" for Options
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I never used the Walk Limit Order feature on OX. I normally prefer to change manually and look for the mid price between the bid/ask. Does someone here use WLO often and can share his experience using it? when to use? when to avoid it? how effective is it? etc.
I talked with few traders with OX account and realized that I'm not the only one that never bothered using it, but OX makes such a fanfare of this feature that I wonder if I am missing something.
I would love to hear from someone that has used WLO often.