Expired Positions

Positions that expire out-of-the-money are listed as "Expired Positions" in the closed positions section of the Position Statement.

Kirk Du Plessis

The Position Statement’s activity summary lists all expired positions in the Closed Positions section.

Expired positions are labeled “Expired” under the ticker symbol. You can select a position to view the position’s details.

Expired position details

No closing order information is displayed if a position expires out-of-the-money. Short contracts that expire OTM will keep the full premium collected, while long contracts that expire OTM will expire worthless.

Options that are in-the-money on the contract’s expiration date will have a closing market order sent to your broker for execution at the end of the day. Learn more.

(Add a decision recipe to close a position before expiration)

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Position Details

The position details page displays all the information you need to know about your positions.

Trade Details

The trade details page provides relevant position information, including a history of orders sent to your broker.

Opened Positions

The Position Statement displays all active open positions with a detailed position history.

Closed Positions

The Position Statement displays all closed positions with a detailed position history, including how long the position was opened and the final P/L.

Canceled Positions

The position statement includes all canceled positions. Canceled positions are listed in the close position section.

Override Positions

You can easily override any position to transfer management from automated to manual.

Position History

The position history displays detailed information about positions, including opening and closing order information, P/L, and more.

Manually Open Position

Learn how to manually open a position in the autotrading platform.

Manually Close Position

Learn how to manually close a position in the autotrading platform.

Import Position

You can import a position from your brokerage account and let the bots manage the trade inside the Option Alpha platform.