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#424 - Why Did An Option Order Get Rejected? Here Are 5 Possible Reasons
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:04:42
- More information
Informações:
Synopsis
Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we're going to answer a question, “Why did an option order get rejected?” And here are five possible reasons why that might have happened. We often get questions from our members and they’re frustrated because sometimes they place an option order and their broker might reject the order for some reason and they don't know why. Here are five possible reasons why your broker might reject your option order. The first is not enough money. It might sound intuitive, but sometimes people do not understand the risk that's associated with the trade that they’re making and they think they're making a defined risk trade when it turns out they’re making an undefined risk trade or they’re just toggling in too many contracts and they didn’t recognize it. But many times, the first line of defense is just the fact that you don't have enough money or enough trading capital in your account to make the trade. Double check that you’