Evaluating Position Performance
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Can this calculation be used for stocks and options?
Evaluating position performance can be used for both stock and options positions.
Can this automation be used to open a position?
Yes, you could use a position recipe to precede an open position action.
When would I use "Position Premium Increased" vs. "Position Premium Decreased"?
When selling options, decreasing premium will result in a profit. When buying options, an increasing premium will result in a profit.
Can this be used for both profit targets and stop-loss management?
Can I combine different position performance criteria into the same automation?