About this template
This bot looks to regularly sell short-put spreads at the open when in an uptrend and will also sell short-call spreads to add protection to the outstanding put risk.
The Calls are solely designed to offset the outstanding risk of my Put Spreads.
Updates from V1:
1. Realized I was mistakenly opening debit put spreads and not credit put spreads.
2. Realized I was using an additional input inside of the calls monitor, which was throwing an error because I was not using the Position input supplied by the repeater.
Update 3/19 - Pushed the inputs to the bot-level settings for easier customization.
Update 4/14 - Rebuilt the short put monitor and changed the call hedge to be a contract vs. an allocation %
Backtesting research
Strategies traded
No-code, fully automated trading for stocks and options.