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PublicDotCom

Public.com MCP Server

Official
by PublicDotCom

preflight_multileg_order

Read-only

Estimate the cost of a multi-leg options strategy trade before placing it. Provide legs, limit price, and quantity to get a pre-trade cost estimate.

Instructions

Estimate costs for a multi-leg (options strategy) trade before placing it.

Does NOT place an order.

Args: legs: List of leg objects. Each leg must have: - symbol (str): The option/equity symbol (e.g. "SPY260313P00670000") - type (str): EQUITY or OPTION - side (str): BUY or SELL - open_close_indicator (str, optional): OPEN or CLOSE (required for options) - ratio_quantity (int, optional): Ratio between legs (default 1) Example: [{"symbol": "SPY260313P00670000", "type": "OPTION", "side": "SELL", "open_close_indicator": "OPEN", "ratio_quantity": 1}, {"symbol": "SPY260313P00665000", "type": "OPTION", "side": "BUY", "open_close_indicator": "OPEN", "ratio_quantity": 1}] limit_price: The limit price for the spread. time_in_force: DAY or GTD. Default is DAY. quantity: Number of spreads. Must be > 0. expiration_time: Required when time_in_force is GTD. ISO 8601 format. account_id: Account ID. Optional if PUBLIC_COM_ACCOUNT_ID is set.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
legsYes
quantityNo
account_idNo
limit_priceYes
time_in_forceNoDAY
expiration_timeNo

Output Schema

TableJSON Schema
NameRequiredDescriptionDefault
resultYes
Behavior3/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

Annotations already declare readOnlyHint=true and destructiveHint=false. The description adds that it estimates costs and does not place an order, but provides no additional behavioral context (e.g., authentication, rate limits, or error behavior). The added value over annotations is minimal.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness4/5

Is the description appropriately sized, front-loaded, and free of redundancy?

The description is front-loaded with purpose and a clear disclaimer. The argument list is structured but duplicates some schema information. It is slightly verbose but efficiently communicates essential details.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness4/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

For a multi-leg options tool, the description covers the input parameters well and the presence of an output schema compensates for lack of return value explanation. It lacks edge case or error handling details, but overall is sufficiently complete for an AI agent.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters4/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema description coverage is 0%, so the description must compensate. It gives a detailed example and structure for the 'legs' parameter, including required fields and optional fields with defaults. Other parameters like 'limit_price' and 'time_in_force' receive only brief explanations. Overall adds meaningful context beyond the schema, but could be more thorough for all parameters.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose5/5

Does the description clearly state what the tool does and how it differs from similar tools?

Description clearly states 'Estimate costs for a multi-leg (options strategy) trade before placing it.' and explicitly notes 'Does NOT place an order.' This distinguishes it from sibling tools like place_multileg_order and specific preflight functions.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines4/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

Provides clear context for when to use (before placing a multi-leg order to estimate costs) and what it does not do (place the order). However, it lacks explicit guidance on when to use this tool versus the more specific preflight call/put spread tools.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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