Liquidity & Bid/Ask Spread
Liquidity means how easily you can enter or exit a trade. Understanding liquidity is essential for getting good fills and managing risk.
What Liquidity Means
Liquidity means how easily you can enter or exit a trade.
Check These for Liquidity
- Tight bid/ask spreads
- High open interest
- High volume
- Lots of expirations/strikes available
Bad Liquidity Means
- Harder fills
- Worse pricing
- More slippage
- Higher risk
Related Fundamentals
- The Options Chain — How to read liquidity metrics
- Order Types for Options — How to get better fills