Comparing Position Time to Expiration [Video]

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FAQs

Why is days to expiration an important factor to consider?

Days to Expiration, or DTE, is important because it tells you when the option contract will expire. You may choose to exit a position before expiration.

Can this calculation be done on stock or is it for options only?

Options only, as stocks do not have an expiration date.

Is it important to use the Repeater action ahead of this criteria?

Repeater actions cycle through all open positions. If your logic is to exit at a certain DTE, then yes, you would want to ensure every position is referenced.

What if I select an exact number of days to expiration and that day happens to land on a weekend or holiday?

If you choose an exact number of "Days to Expiration" and it is a day the market is closed, then the trade will not fill. You will receive a notification that there is no expiration for that date.

Can I add additional criteria to this same automation?

Yes, you can always combine criteria together.

Does this recipe only consider trading days or does it include weekends and holidays?

It includes weekends and holidays.

Comparing Underlying Symbol Price

Comparing Underlying Symbol Properties

Evaluating Underlying Symbol OHLC

Evaluating Underlying Symbol Performance

Evaluating Underlying Symbol Standard Deviation

Comparing Underlying Symbol Price to an Indicator

Comparing Multiple Underlying Symbol Indicators

Evaluating Underlying Symbol Implied Volatility Rank

Evaluating Underlying Symbol Earnings Reporting

Evaluating Underlying Symbol Price Probability

Evaluating Underlying Symbol Probability Within Range

Evaluating Symbol Type

Evaluating Bot Properties

Evaluating Bot Available Capital for Opportunities

Comparing Bot Position Count to Position Type

Comparing Bot Position Count to Underlying Symbol

Evaluating Bot Position Count to Position Type and Underlying Symbol

Evaluating Bot Last Position Activity

Evaluating Bot Last Activity with Underlying Symbol

Evaluating Bot Position Activity History

Evaluating Bot Position Activity History with Underlying Symbol

Comparing Bot Active Orders Status

Comparing Bot Active Orders Status with Underlying Symbol

Evaluating Bot Position Availability

Evaluating Bot Tags

Evaluating Opportunity Availability

Evaluating Opportunity Return Expectations

Comparing Opportunity Attributes

Comparing Opportunity Leg Attributes

Comparing Opportunity Bid-Ask Spread

Evaluating Opportunity Probabilities

Evaluating Position Performance

Comparing Profit Target to Trailing Value

Comparing Position Duration

Evaluating Position Underlying Symbol

Comparing Position Properties

Comparing Position Leg Properties

Evaluating Position Type

Evaluating Position Side

Comparing Underlying Symbol Price to Position Leg

Evaluating Position Tags

Evaluating Underlying Symbol Indicator Properties

Comparing Multiple Underlying Symbol Indicator Properties

Evaluating MACD Technical Indicator

Comparing Bollinger Bands to Symbol Price

Evaluating Stochastic Technical Indicator

Comparing VIX Properties

Evaluating Market Time of the Day

Evaluating Days of the Week

Evaluating Bot Switches

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Kirk Du Plessis

Founder

Last updated:

Feb 13, 2023

Originally published:

Nov 29, 2021

Feb 14, 2023

Decision Recipes

Expiration

Automations

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Risk Management

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Comparing Position Time to Expiration