Bid Ask Waterfall Sample Bot Template | Option Alpha

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Fully automated trading strategy

Automated scanning for entries and position monitoring for exits.

Hybrid, semi-automated strategy

Uses custom buttons and actions alongside bot automations.

Trade paper or real money

Try risk-free paper trading or connect your brokerage account to trade live.

Setup to trade the following strategies

Manages multiple ticker symbols

Trades a basket of tickers you choose to automate diversification

Focused trading in one ticker

Trades multiple positions in one ticker for targeted customization.

100% customizable template

You can easily modify this bot template to fit your exact needs or trading style.

About this template

This post is the central location for us to share some bot templates and variations around "Bid/Ask Spread Waterfall" ideas. As a reminder, this bot template is a set of monitor automations that you can use to bolt on to any existing bot you are running. I showed you how to do it in the workshop recording if you're interested. Have fun with your waterfalls!

Watch the recording for this workshop and download the free bid/ask spread worksheet here.

Backtesting research

Strategies traded

Learn more about the options strategies this template could trade:

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Last updated:

Sep 8, 2022

Originally shared:

September 8, 2022

Education Resource

Download this free bid-ask spread waterfall cheat sheet

We've made it easy to set up your final price settings with this free spreadsheet.

Bid-Ask Spread Volatility Explained

This case study examines intraday price volatility to highlight the forces impacting a position's bid-ask spread.

Listen to this case study on bid-ask spread volatility

If you think you understand bid-ask spread, you will have a different perspective after listening to this show.

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