How long does it take for options orders to get filled?

Discussion in 'Options' started by trendisyourfriend, Jul 7, 2022.

  1. Secatu

    Secatu

    I almost always get filled between the bid/ask on highly liquid ETFs and stocks - and usually very quickly. It can be a little harder if you're trading spreads, but it doesn't sound like you'll be doing that. Also, it may depend on your broker, as someone mentioned.
     
    #21     Jul 9, 2022
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  2. How do you trade spreads? Do you leg in? I find the price leaves me behind so often when I do that I quit doing it that way.
     
    #22     Jul 10, 2022
  3. Secatu

    Secatu

    I buy both legs at the same time on TOS. They automatically put the price between the bid/ask. I do have to adjust it sometimes depending on the market and how badly I want the trade. I mainly sell put/call verticals or buy diagonals.
     
    #23     Jul 10, 2022
  4. I tried to trade vertical spreads on SPX in an IB paper account but never get filled, even when selecting "market". Is this normal? I wanted to get familiar with trading vertical spreads on tws before trading real money.
     
    #24     Jul 11, 2022
  5. Secatu

    Secatu

    It's not normal for me on TOS, but I don't know about IB. Maybe it's because it's an index. I trade SPY.
     
    #25     Jul 11, 2022
  6. But when it takes a half hour to get filled, that makes no sense to me.
     
    #26     Jul 11, 2022
  7. Secatu

    Secatu

    Yeah, a half-hour to get filled at market doesn't make sense; unless it's just a delay due to paper trading.
     
    #27     Jul 11, 2022