I can't submit stop loss order with option trading

I am receiving an error message when submitting a stop-loss order with an option symbol. The error message is: “{code":42210000,“message”:“invalid options order_type”}
Here is my order:

{
  "side": "sell",
  "symbol": "AMZN240517P00170000",
  "type": "stop",
  "qty": 4,
  "time_in_force": "day",
  "order_class": "simple",
  "extended_hours": false,
  "stop_price": 3.70,
  "limit_price": null
}

However, I didn’t receive this error message yesterday. Do we have any new updates from options trading or how can I fix this error message?

The stop and stop-limit order types were temporarily disabled for option contracts on the paper environment.

1 Like

Do you know when it enable again?

More than a month has gone by and I’m still getting this error: {"code":42210000,"message":"invalid options order_type"}

How “temporary” are the stop and stop-limit order types being disabled on the paper trading environment? It would be great if @oleg.rakhmatulin could provide a timeline for when to expect them active again.

Thank you

@lacabra Currently only limit and market orders are supported for options trading. Stop orders are not supported. No specific timeline for when these order types will be allowed.

2 Likes

Thank you @Dan_Whitnable_Alpaca for your prompt response, very much appreciated, and understood.

I would suggest to update the Options Trading Documentation accordingly, since it currently says that [Options Order] *type* must be one of **market**, **limit**, **stop**, **stop_limit**

Any update here? Can we submit a stop loss order with options trading? I am still getting the error - APIError: {“code”:42210000,“message”:“invalid options order_type”}