diff --git a/aws/resource_aws_launch_template.go b/aws/resource_aws_launch_template.go
index 14105381880..667298b6e0d 100644
--- a/aws/resource_aws_launch_template.go
+++ b/aws/resource_aws_launch_template.go
@@ -727,17 +727,31 @@ func getInstanceMarketOptions(m *ec2.LaunchTemplateInstanceMarketOptions) []inte
 		mo := map[string]interface{}{
 			"market_type": aws.StringValue(m.MarketType),
 		}
-		spot := []interface{}{}
 		so := m.SpotOptions
 		if so != nil {
-			spot = append(spot, map[string]interface{}{
-				"block_duration_minutes":         aws.Int64Value(so.BlockDurationMinutes),
-				"instance_interruption_behavior": aws.StringValue(so.InstanceInterruptionBehavior),
-				"max_price":                      aws.StringValue(so.MaxPrice),
-				"spot_instance_type":             aws.StringValue(so.SpotInstanceType),
-				"valid_until":                    aws.TimeValue(so.ValidUntil).Format(time.RFC3339),
-			})
-			mo["spot_options"] = spot
+			spotOptions := map[string]interface{}{}
+
+			if so.BlockDurationMinutes != nil {
+				spotOptions["block_duration_minutes"] = aws.Int64Value(so.BlockDurationMinutes)
+			}
+
+			if so.InstanceInterruptionBehavior != nil {
+				spotOptions["instance_interruption_behavior"] = aws.StringValue(so.InstanceInterruptionBehavior)
+			}
+
+			if so.MaxPrice != nil {
+				spotOptions["max_price"] = aws.StringValue(so.MaxPrice)
+			}
+
+			if so.SpotInstanceType != nil {
+				spotOptions["spot_instance_type"] = aws.StringValue(so.SpotInstanceType)
+			}
+
+			if so.ValidUntil != nil {
+				spotOptions["valid_until"] = aws.TimeValue(so.ValidUntil).Format(time.RFC3339)
+			}
+
+			mo["spot_options"] = []interface{}{spotOptions}
 		}
 		s = append(s, mo)
 	}
diff --git a/aws/resource_aws_launch_template_test.go b/aws/resource_aws_launch_template_test.go
index 57f748b0c2c..abe0d519d43 100644
--- a/aws/resource_aws_launch_template_test.go
+++ b/aws/resource_aws_launch_template_test.go
@@ -6,6 +6,7 @@ import (
 	"testing"
 
 	"github.com/aws/aws-sdk-go/aws"
+	"github.com/aws/aws-sdk-go/service/autoscaling"
 	"github.com/aws/aws-sdk-go/service/ec2"
 	"github.com/hashicorp/terraform/helper/acctest"
 	"github.com/hashicorp/terraform/helper/resource"
@@ -379,6 +380,43 @@ func TestAccAWSLaunchTemplate_networkInterface_ipv6AddressCount(t *testing.T) {
 	})
 }
 
+func TestAccAWSLaunchTemplate_instanceMarketOptions(t *testing.T) {
+	var template ec2.LaunchTemplate
+	var group autoscaling.Group
+	templateName := "aws_launch_template.test"
+	groupName := "aws_autoscaling_group.test"
+
+	resource.Test(t, resource.TestCase{
+		PreCheck:     func() { testAccPreCheck(t) },
+		Providers:    testAccProviders,
+		CheckDestroy: testAccCheckAWSLaunchTemplateDestroy,
+		Steps: []resource.TestStep{
+			{
+				Config: testAccAWSLaunchTemplateConfig_instanceMarketOptions_basic,
+				Check: resource.ComposeTestCheckFunc(
+					testAccCheckAWSLaunchTemplateExists(templateName, &template),
+					testAccCheckAWSAutoScalingGroupExists(groupName, &group),
+					resource.TestCheckResourceAttr(templateName, "instance_market_options.#", "1"),
+					resource.TestCheckResourceAttr(templateName, "instance_market_options.0.spot_options.#", "1"),
+					resource.TestCheckResourceAttr(groupName, "launch_template.#", "1"),
+					resource.TestCheckResourceAttr(groupName, "launch_template.0.version", "1"),
+				),
+			},
+			{
+				Config: testAccAWSLaunchTemplateConfig_instanceMarketOptions_update,
+				Check: resource.ComposeTestCheckFunc(
+					testAccCheckAWSLaunchTemplateExists(templateName, &template),
+					testAccCheckAWSAutoScalingGroupExists(groupName, &group),
+					resource.TestCheckResourceAttr(templateName, "instance_market_options.#", "1"),
+					resource.TestCheckResourceAttr(templateName, "instance_market_options.0.spot_options.#", "1"),
+					resource.TestCheckResourceAttr(groupName, "launch_template.#", "1"),
+					resource.TestCheckResourceAttr(groupName, "launch_template.0.version", "2"),
+				),
+			},
+		},
+	})
+}
+
 func testAccCheckAWSLaunchTemplateExists(n string, t *ec2.LaunchTemplate) resource.TestCheckFunc {
 	return func(s *terraform.State) error {
 		rs, ok := s.RootModule().Resources[n]
@@ -752,3 +790,88 @@ resource "aws_autoscaling_group" "bar" {
   }
 }
 `
+
+const testAccAWSLaunchTemplateConfig_instanceMarketOptions_basic = `
+data "aws_ami" "test" {
+  most_recent = true
+
+  filter {
+    name = "owner-alias"
+    values = ["amazon"]
+  }
+
+  filter {
+    name = "name"
+    values = ["amzn-ami-hvm-*-x86_64-gp2"]
+  }
+}
+
+resource "aws_launch_template" "test" {
+  name_prefix = "instance_market_options"
+  image_id = "${data.aws_ami.test.id}"
+
+  instance_market_options {
+    market_type = "spot"
+    spot_options {
+      spot_instance_type = "one-time"
+    }
+  }
+}
+
+data "aws_availability_zones" "available" {}
+
+resource "aws_autoscaling_group" "test" {
+  availability_zones = ["${data.aws_availability_zones.available.names[0]}"]
+  desired_capacity = 0
+  min_size = 0
+  max_size = 0
+
+  launch_template {
+    id = "${aws_launch_template.test.id}"
+    version = "${aws_launch_template.test.latest_version}"
+  }
+}
+`
+
+const testAccAWSLaunchTemplateConfig_instanceMarketOptions_update = `
+data "aws_ami" "test" {
+  most_recent = true
+
+  filter {
+    name = "owner-alias"
+    values = ["amazon"]
+  }
+
+  filter {
+    name = "name"
+    values = ["amzn-ami-hvm-*-x86_64-gp2"]
+  }
+}
+
+resource "aws_launch_template" "test" {
+  name_prefix = "instance_market_options"
+  image_id = "${data.aws_ami.test.id}"
+  instance_type = "t2.micro"
+
+  instance_market_options {
+    market_type = "spot"
+    spot_options {
+      spot_instance_type = "one-time"
+    }
+  }
+}
+
+data "aws_availability_zones" "available" {}
+
+resource "aws_autoscaling_group" "test" {
+  availability_zones = ["${data.aws_availability_zones.available.names[0]}"]
+  desired_capacity = 0
+  min_size = 0
+  max_size = 0
+
+  launch_template {
+    id = "${aws_launch_template.test.id}"
+    version = "${aws_launch_template.test.latest_version}"
+  }
+}
+`