Opening Positions

Filtering potential trade opportunities has never been easier. With automation, you can quickly evaluate multiple probability analysis decisions simultaneously.

Do you trade short option positions? This decision recipe estimates the short strike's probability of being in-the-money at expiration.

Hedging and rolling positions is easy with this feature that matches expiration dates of new and existing positions.

Use a decision recipe to automatically check a position's probability of profit when filtering for potential trading opportunities.

Use an event automation to automatically run another automation when you close a position inside a bot.

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

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

Set up an event automation to automatically trigger any time a new position opens inside your bot.

Earnings announcements can create a lot of volatility and uncertainty in individual stocks. Avoid the event with this simple decision recipe.

You no longer need to search through an options chain and find an expiration date every time you open a new position. Learn how to create custom inputs for options expiration and use them throughout your bot portfolio.

This useful decision recipe enables you to evaluate if a security is above or below a moving average to determine its trend before moving through the automation.

Liquidity is a crucial factor when entering and exiting option positions quickly and effectively. Avoid trading illiquid options with this decision recipe that filters for minimum volume.

Stop manually entering order details and start using bot buttons to create custom orders you can use over and over again.

Use decision recipes inside an automation to filter through market data and target specific strategies with dynamic option orders.

Use this decision recipe inside a scanner automation to filter spread positions for a minimum probability of success before entering a trade.

If you look for a specific risk/reward ratio, use this rate of return opportunity recipe to automatically filter trades before sending an order to you broker.

Use this simple decision recipe to estimate the probability of taking the maximum loss on an options trade.

To target high liquidity and avoid costly slippage, everyone should use this recipe in their bots to automatically filter for tight bid-ask spreads before entering a new position.