Hey y'all 👋
So, I'm having some trouble finding answers to this and wrapping my head around this.
So, when someone places an order just before the market opens, let's say at 9:00 AM (market opens at 9:30 as we all know). Will the order wait till the market opens, or will it try to be filled immediately in the pre-market?
And yes, I am asking for both a limit order and/or market order. And yes I'm asking for options as well. Specifically 0dte options. Will those expire at the end of the premarket (if filled during premarket), or will they run the entire day until normal market close hours 4:00 PM?
Greatly appreciated!
Thanks!
Having difficulty finding non contradicting answers online
byu/shinkairi inoptions
Posted by shinkairi
3 Comments
>Will the order wait till the market opens, or will it try to be filled immediately in the pre-market?
For stock or ETF orders, only if you instruct your brokerage to do pre-market orders. (I’m with IBKR, and my orders automatically get pushed to market open.)
>And yes, I am asking for both a limit order and/or market order. And yes I’m asking for options as well. Specifically 0dte options. Will those expire at the end of the premarket (if filled during premarket), or will they run the entire day until normal market close hours 4:00 PM?
Maybe someone else can answer this better, but IBKR doesn’t show options pricing data pre-market or after-hours, even with paying for the extra data options, like I do. I don’t think you can place orders b.c of this.
Note: option hours are 09:30-16:15h
Identify who your broker is to get a correct answer.
A 0 dte option with an expiry date of say 4/20 will expire at the end of options trading hours on 4/20
As for the fill times, it’s gonna depend on the product. Most equity and etf options are going to try to fill beginning at 930 est, but the cboe has global trading hours for some options.
It’s going to depend on your broker and the product but the expiry date is always eod unless it says (am) in the option name