The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re answering another member question which is, “Will my GTC or good-till-canceled order fill if I'm away from my desk?” The simple answer to this is that it should fill if you're away from your desk. Now, filling trades is a function of a couple of different things. One is mainly the liquidity of the underlying contracts in which you’re trading. Just because you have a GTC or a good-till-canceled order going on a stock doesn't necessarily mean that it's going to fill unless there’s a liquid market for those options. For example, I always use the ticker symbol GOOD, G-O-O-D. They have options that are optionable securities or optionable contracts to trade, but there's actually very little to almost no liquidity in those contracts, so even if you had a good-till-canceled order, there's probably a good likelihood that it won't actually fill in the market because there's no liquidity. Now, if you have a GTC order