Market Orders with Options
Don’t use them except in extreme circumstances. If you enter a market order to buy or sell an option, you will very frequently be disappointed with the fill. It is usually worth the extra trouble to enter a limit order, monitor the price movement of the option, and then adjust the limit price if necessary to get filled at a fair price.
Get Options for the Beginner and Beyond: Unlock the Opportunities and Minimize the Risks now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
