Legging In
Definition
Entering a multi-leg options strategy one individual leg at a time rather than as a single order. Legging in allows traders to seek better pricing on each leg but introduces timing risk between executions.
Example
Legging into a spread allows better pricing on individual legs but carries risk that market conditions change between entries.
Related Terms
Frequently Asked Question
What is Legging In?
Legging In is entering a multi-leg options strategy one leg at a time. While it can improve individual fill prices, it creates exposure to market movement between the first and subsequent legs.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.