Price Exceeds Strike-Difference Error

Bot logs display your bot's detailed automation history. Learn how to use bot logs to view your bot's activity, including all actions and any errors it may have encountered.

Testing your bots is a critical part of the process when creating your portfolio. Be confident your bots will perform how you anticipate with the test button.

The “not enough capital” error occurs when there isn't sufficient capital for a bot to enter a new position.

The “daily position limit” error occurs when a bot attempts to add a position that exceeds the number of new positions allowed in a single trading day.

The “total position limit” error occurs when a bot attempts to add a position that exceeds the number of positions allowed for the bot.

The “missing input” or “invalid value” error occurs when a required input field is not assigned inside the automation.

Bot event loop errors may occur in positions that are triggered by an open position or close position event.

The “excessive errors” failsafe occurs when a bot encounters ten errors in one day. Here is what you need to know about excessive errors.

The overlapping strikes failsafe prohibits bots from overlapping identical strike prices or splitting apart positions.

All options approval levels are dictated by your broker. If you have an options approval level error, your brokerage will alert Option Alpha.

Expiring positions are treated differently based on their moneyness and your broker’s guidelines. Learn the options expiration protocol inside the autotrading platform.

The autotrading platform is browser-based to offer flexibility and accessibility to our users. Here is what you need to know about supported browsers.

Our brokerage partnerships bring our autotrading platform to traders in 120+ countries. Learn more about platform access by country.