← Options Glossary

Fill-or-Kill (FOK)

A Time in Force designation that is similar to Immediate or Cancel (IOC). The difference being that Fill-or-Kill (FOK) designated orders cannot be partially filled. FOK orders are immediately filled in their entirety, otherwise they are automatically cancelled.

This is a definition, not a recommendation. Options carry risk and can expire worthless. See how the desk actually trades at TrueTrader.