Fed Day Event-Based Bot Template

All templates

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

Short Put Spreads, Short Call Spreads

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.

No coding required, 100% customizable

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

About this template

Can we capture some profit on SPY movement when Federal Reserve reports come out?

The Fed has a news conference scheduled for today, March 17, at 2:30 PM EDT. The market often swings back and forth on the news, and can even reverse direction several times in the hours afterward.

This bot opens put and call credit spreads with ATM short strikes using an event at 2:15. Long strikes are at the 10 delta. At least 2 DTE is used which should select Friday's expiration.

A monitor will close either of the spreads at 50% profit. Any spreads still open are closed with an event at 3:45.

This bot's scheduled date and time are only valid for today. They will need to be updated for future Fed news days.