Can I place market orders in commodities options?

Can I place market orders in commodities options?

No, you will not be able to place market orders in the MCX Options segment. In India, commodities derivatives (Especially Options) are traded in very low volumes and most of them are illiquid ones. The availability of Market orders in these options contracts can give rise to freak trades that can wipe out your entire funds in seconds. 


However, as an alternative, the limit orders (refer to this article) are available through which you can place orders in your desired scrips.