Monitor Automations

Explore the many ways you can leverage different SmartPricing settings to enter and exit positions more intelligently and customize orders.

Have you wished you could close all your positions with one button? Now you can! Learn how to use an event automation to instantly exit open positions.

If you trade multi-leg option positions, grouping decisions is an efficient way to monitor different option properties.

You can easily test your automations in the automation editor to quickly see decision action outcomes in live market conditions.

If you manage trades based on the position's duration, you can use a time stop decision recipe inside a monitor automation to close positions exactly when you want to.

You can specify different actions inside an automation based on the position's ticker symbol in the bot.

You no longer need to stress about challenged positions as expiration approaches. Learn how you can use decision recipes inside a monitor automation to manage potential assignment risk.

Do you use multiple criteria to trigger close position actions to exit a trade? Now you can combine decision recipes into a single group to dynamically and intelligently manage positions in a monitor automation.

Want to automatically open a new position when another position closes? Learn how to stack open and close position actions inside a monitor automation.

Let your automations dynamically adjust profit targets the week of expiration. Monitor automations can automatically manage positions as expiration approaches, so you don't have to.

Want to exit or adjust a position after a certain period of time? Use this decision recipe to evaluate how long a position has been open and execute certain actions based on the duration.

Not all profit targets are created equal. Use custom inputs inside a monitor automation to easily modify profit targets for different tickers and strategy types.

If you have a portfolio of bots running multiple automations using the same inputs, consider using bot inputs to save you time and increase flexibility.

Never miss another opportunity. With event automations, you can schedule events to run inside a bot based on multiple triggers, such as a specific date in the future, or on a recurring schedule.

Want to check your positions for a profit everyday before the close? Learn how to schedule an event automation to perform a simple management task.

Want to run an automation instantly inside your bot? You don't have to wait! You can run any automation from your library with the click of a button.

Worried about being assigned on your option position? Bots can automatically notify you of early assignment risk if your option is in-the-money.

Use this simple decision recipe inside a monitor automation to check an option's delta value and manage the position accordingly.

Are you tired of closing every trade with manual orders? Learn how to automate your trade exits with profit targets and stop losses.

Criteria groups and sub-groups enable you to create layered and/or decision recipes to check multiple data points before preceding through an automation.

Using this simple decision recipe, your bots can automatically close positions for you as they approach expiration.