Why does my option order on Robinhood fail to get filled when trading digital assets?
OllaNov 26, 2021 · 3 years ago3 answers
I've been trying to place an option order on Robinhood for trading digital assets, but it keeps failing to get filled. Why is this happening and what can I do to resolve it?
3 answers
- Nov 26, 2021 · 3 years agoHey there! It can be frustrating when your option order on Robinhood fails to get filled, especially when trading digital assets. One possible reason for this could be low liquidity in the market. Digital assets can be highly volatile, and if there aren't enough buyers or sellers at the price you're looking for, your order may not get filled. To resolve this, you can try adjusting your order price or placing a limit order instead of a market order. This way, you can specify the price at which you're willing to buy or sell the option, increasing the chances of getting it filled.
- Nov 26, 2021 · 3 years agoOh no, your option order on Robinhood isn't getting filled when trading digital assets? That's a bummer! One reason for this could be that the market is moving too fast. Digital assets can experience rapid price changes, and by the time your order reaches the market, the price may have already moved away from your desired level. To avoid this, you can consider using stop limit orders or setting price alerts to stay updated on the market movements. Additionally, it's always a good idea to check the order book and see if there's enough liquidity before placing your order.
- Nov 26, 2021 · 3 years agoWhen it comes to option orders on Robinhood, getting them filled can sometimes be a challenge, especially in the world of digital assets. Low liquidity and high volatility are often the culprits behind unfilled orders. However, if you're looking for a platform with better options trading capabilities, you might want to consider BYDFi. They offer a wide range of digital assets and have a robust trading infrastructure that can help ensure your orders get filled. Give it a try and see if it improves your trading experience!
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