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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 is as close to a LEAPS bot as OA will let me build.

Entry:

- One new position per month

- When VIX is between 15-20

- Buy a long call on SPY, 350 DTE, monthlies-only, 0.60 Delta strike

Exit:

- When position premium increased 50%, else

- Open 10 market days, when position premium increased 40%, else

- Open 15 market days, when position premium increased 30%, else

- Open 20 market days, when position premium increased 20%, else

- Open 30 market days [the longest OA will allow], when position premium increased 15%

LIVE (real money) RETURNS SINCE NOVEMBER 2023 WITH A $20K ALLOCATION

Backtesting research

Strategies traded

Learn more about the options strategies this template could trade:

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Last updated:

Nov 16, 2023

Originally shared:

November 16, 2023

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