About this template
Version 0.98. Almost ready for public consumption, but I continually tweak and tweak. Although, it's becoming less frequent. Use at your own risk!
For those wondering what 'TFMITH' is? The First Million is the Hardest…subsequent millions should be much easier…!
Message to Kirk: I was learning options about 7 years ago when I came across the Options Alpha channel on YouTube. Your explanations clean and your illustrations were the best. I even asked a question and you answered. When a fellow member in my Chat With Traders community posted this OA article (https://optionalpha.com/blog/0dte-options-strategy-performance) I was curious as to what Kirk was up to. To my amazement, BOT programming consumed my life after that and I was hooked. The rest is history, right? So, here we are. What an amazing tool and platform you provided. I absolutely love it.
The BOTs algorithm is simple enough.
If a confluence of technical indicators or considerations make me thing the underlying security will trend higher then buy a Long CALL.
If a confluence of technical indicators or considerations make me thing the underlying security will trend lower then buy a Long PUT.
If we're less than 2 days before earnings or less than 2 days after earnings, ignore earnings, but if you have a profitable position, take it before going through earnings.
If you are up 125% on a position, take the profit. If it's still a buy the next day, the BOT will go back in