1. Deribit Support
  2. Exchange
  3. Orders
  4. Trade Orders

Option Combo Order

  • Updated

A combo order is a single order that will result in the execution of trades in two or more instruments simultaneously.

Additional details

Option combos currently only support the limit order type.

Placing Order_type_fill_in_name on Deribit

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  1. RFQ. This button allows traders to send a notification to market makers that indicates they are interested in trading the instrument. This will allow market makers to put a quote into the order book for the requested size. This button is informational only, not an execution mechanism.

  2. Order type. Some order types are not available for certain instruments.

  3. Option limit order - The limit price is entered in the settlement currency.

  4. Order amount

  5. Order price

  6. Buy and Sell buttons

  7. TIF

    • Good till cancel (GTC) - GTC is the default setting. The order will remain open until it is filled, cancelled, or the instrument expires.

    • Good till day (GTD) - If it has not already been filled or cancelled, the order will be cancelled automatically at the end of the current daily session (8 AM UTC).

    • Immediate or cancel (IOC) - Any portion of the order that cannot be filled immediately will be cancelled.

    • Fill or Kill (FOK) - The order is either filled immediately and completely, or not at all.

  8. Special

    • Reduce (reduce_only) - This setting will ensure the order can only reduce an open position. It can not increase the size of any existing positions, or open any new positions.

    • Post only (post_only) - This setting will ensure the order will not act as a taker, and therefore will not match against orders that are already resting in the orderbook (excluding hidden orders). If the price of the order is such that it would otherwise execute against the best available price, the post only order will be placed into the order book one tick away from the best available price.

  9. Initial margin requirement

  10. Leg details, showing which instrument is bought or sold in spread orders.