What are the available order types for options on Sarwa?

You can place market or limit orders:

  • Market Orders: Provide fast execution but do not guarantee the price. They are only available during regular market hours (9:30 AM–4 PM ET).
  • Limit Orders: Executed only at your specified price or better. Can be placed when the market is closed and will queue for market open.

The default order type is a limit order with the limit price set at the indicative ask or bid price. You can change this to a market order if desired and change the limit price.

Note: The price displayed when placing an order is an indicative price provider by our market data provider for that contract and execution at that price isn't guaranteed. The price displayed might not be the best available price when executing the order. To prevent any significant fluctuation compared to the displayed price we recommend placing limit orders especially for options contracts will limited trading volume.

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