place_option_market_order

place_option_market_order

Server Alpaca mfoster5303-1/alpaca-mcp-server
Category Financial
Risk class Critical
Parameters 00 required

What place_option_market_order does on Alpaca

AI agents use place_option_market_order to commit financial operations through Alpaca — usually the final step of a payment, billing, or trading workflow. A call moves real money.

Why place_option_market_order needs a policy

Despite the empty description, the tool name unambiguously indicates placing a market order for options contracts, which is a financial transaction committing real money. Options market orders execute immediately at current market prices and can involve significant financial exposure. The server context confirms this is live trading via Alpaca's Trading API, making misuse critically severe.

From the tool's definition Tool name 'place_option_market_order' on a server described as enabling 'natural language trading operations for stocks, options, crypto, and portfolio management via Alpaca's Trading API'

Questions about place_option_market_order

What does the place_option_market_order tool do? +

place_option_market_order. It is categorised as a Financial tool in the Alpaca MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on place_option_market_order? +

Register the Alpaca MCP server in PolicyLayer and add a rule for place_option_market_order: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Alpaca. Nothing to install.

What risk level is place_option_market_order? +

place_option_market_order is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit place_option_market_order? +

Yes. Add a rate_limit block to the place_option_market_order rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block place_option_market_order completely? +

Set action: deny in the PolicyLayer policy for place_option_market_order. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides place_option_market_order? +

place_option_market_order is provided by the Alpaca MCP server (mfoster5303-1/alpaca-mcp-server). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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