About this template
This is a simple straightforward template. Bot scans for opportunities to buy Deep-in-the-Money (DITM) debit call spreads (Monthlies only).
The short call is purchased at around .85 delta and long call is $5 Β less than short call. This bot aims for 11% profit per month.
I have this bot running since 4/18/2022 but due to 50% Bid/Ask spreads settings, it did not open any positions until I changed it to 80% Bid/Ask Spread.
The bot had a drawdown in the month of May but then it took off from July onwards.Β