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cancel_all_option_orders_tool

Cancel all open option orders

How to control cancel_all_option_orders_tool ↓

What cancel_all_option_orders_tool does on Open Paper Trading MCP

AI agents call cancel_all_option_orders_tool to permanently remove resources in Open Paper Trading MCP — typically in cleanup and lifecycle workflows. It does its job in a single call, and there is no undo.

Critical Risk

Why cancel_all_option_orders_tool needs a policy

Cancelling all open option orders is an irreversible bulk action — once cancelled, those orders cannot be reinstated. The 'all' scope makes the blast radius high, as a misuse could wipe out an entire portfolio of pending option orders simultaneously. Even in a paper trading context, this constitutes irreversible destruction of order state.

From the tool's definition Cancel all open option orders

Documented attack patterns abuse exactly the kind of access cancel_all_option_orders_tool gives an agent:

How to control cancel_all_option_orders_tool

PolicyLayer is an MCP gateway — it sits between your AI agents and Open Paper Trading MCP, and nothing reaches the server without passing your rules. This is the rule we recommend for cancel_all_option_orders_tool:

policy.json
{
  "version": "1",
  "default": "deny",
  "hide": [
    "cancel_all_option_orders_tool"
  ]
}

cancel_all_option_orders_tool disappears from the agent's tool list entirely, and any attempt to call it is denied. The rest of the server keeps working.

  1. Create a free account and register Open Paper Trading MCP — nothing to install.
  2. Add this policy — paste it, or build it visually.
  3. Point your MCP client (Claude, Cursor, anything) at your gateway URL.
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Related tools and policies

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Questions about cancel_all_option_orders_tool

What does the cancel_all_option_orders_tool tool do? +

Cancel all open option orders. It is categorised as a Destructive tool in the Open Paper Trading MCP MCP Server, which means it can permanently delete or destroy data. Block by default and require explicit approval.

How do I enforce a policy on cancel_all_option_orders_tool? +

Register the Open Paper Trading MCP server in PolicyLayer and add a rule for cancel_all_option_orders_tool: 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 Open Paper Trading MCP. Nothing to install.

What risk level is cancel_all_option_orders_tool? +

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

Can I rate-limit cancel_all_option_orders_tool? +

Yes. Add a rate_limit block to the cancel_all_option_orders_tool 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 cancel_all_option_orders_tool completely? +

Set action: deny in the PolicyLayer policy for cancel_all_option_orders_tool. 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 cancel_all_option_orders_tool? +

cancel_all_option_orders_tool is provided by the Open Paper Trading MCP server (open-agent-tools/open-paper-trading-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

Enforce policy on every Open Paper Trading MCP tool call.

Start from Open Paper Trading MCP, add the rest of your stack, and see everything your agents can call. Then put policy on all of it.

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44 Open Paper Trading MCP tools catalogued and risk-classified — across an index of 43,000+ MCP servers.

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