A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Limit Order

In the context of stock options, a limit order is an order to exercise and sell when the stock associated with an exercise reaches a specific price on a specific day. The order is canceled if the price is not met or exceeded by the end of that trading day, unless it is on a good-till-canceled basis. A sale may or may not be for the same share quantity as the exercise. Sometimes optionholders sell only enough to exercise their options. This is called a same-day sale or a sell-to-cover. Either can be done at a limit price. For details on the different types of sell orders, which apply to any stock in your accounts, see a detailed FAQ elsewhere on this website.

Return to list Register Now

Try the new myStockOptions.com Glossary App! Now available for Android and iOS.

Get it on Google Play
The content is provided as an educational resource.
myStockOptions.com shall not be liable for any errors or delays in the content, or any actions taken in reliance thereon.
Copyright © 2000-2023 myStockPlan.com, Inc. U.S. Patent 7,353,200.
Contact editors@mystockoptions.com for licensing information