option_place_order

Place OPTION order. instId: {uly}-{expiry}-{strike}-C/P, e.g. BTC-USD-241227-50000-C. Before placing, use market_get_instruments to get ctVal (contract face value) - do NOT assume contract sizes. [CAUTION] Executes real trades.

Server Okx Trade @okx_ai/okx-trade-mcp
Category Financial
Risk class Critical
Parameters 125 required

What option_place_order does on Okx Trade

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

ParameterTypeRequiredDescription
px string Required for limit/post_only/fok/ioc
sz string Yes Contracts count by default. Set tgtCcy=quote_ccy to specify USDT notional value; set tgtCcy=margin to specify USDT margin cost (notional = sz * leverage).
side string Yes
instId string Yes e.g. BTC-USD-241227-50000-C
tdMode string Yes cash=buyer full premium; cross/isolated=seller margin
tgtCcy string Size unit. base_ccy(default): sz in contracts; quote_ccy: sz in USDT notional value; margin: sz in USDT margin cost (actual position = sz * leverage)
clOrdId string Client order ID (max 32 chars)
ordType string Yes market=no px; limit/fok/ioc=px req; post_only=maker
slOrdPx string SL order price; -1=market
stpMode string Self-trade prevention: cancel_maker|cancel_taker|cancel_both
tpOrdPx string TP order price; -1=market
tpOrdKind string condition(default)=trigger-based TP; limit=immediate limit order (no trigger phase)

Parameters from the server's own tool schema.

Why option_place_order needs a policy

This tool places real options orders on OKX exchange, directly committing financial obligations and potentially moving significant capital. Options trading carries high financial risk including total loss of premium and leverage effects. The description explicitly warns '[CAUTION] Executes real trades', confirming live financial transactions.

From the tool's definition 'Place OPTION order', 'Executes real trades', involves options contracts on BTC/USD and other assets

Risk signalsHigh parameter count (17 properties)

Questions about option_place_order

What does the option_place_order tool do? +

Place OPTION order. instId: {uly}-{expiry}-{strike}-C/P, e.g. BTC-USD-241227-50000-C. Before placing, use market_get_instruments to get ctVal (contract face value) - do NOT assume contract sizes. [CAUTION] Executes real trades. It is categorised as a Financial tool in the Okx Trade MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

What parameters does option_place_order accept? +

option_place_order accepts 12 parameters: px, sz, side, instId, tdMode, tgtCcy, clOrdId, ordType, slOrdPx, stpMode, tpOrdPx, tpOrdKind. Required: sz, side, instId, tdMode, ordType. The full parameter table on this page comes from the server's own tool schema.

How do I enforce a policy on option_place_order? +

Register the Okx Trade MCP server in PolicyLayer and add a rule for option_place_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 Okx Trade. Nothing to install.

What risk level is option_place_order? +

option_place_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 option_place_order? +

Yes. Add a rate_limit block to the option_place_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 option_place_order completely? +

Set action: deny in the PolicyLayer policy for option_place_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 option_place_order? +

option_place_order is provided by the Okx Trade MCP server (@okx_ai/okx-trade-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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