Position Decision Recipes

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.

If you reference the option greeks, you can use decision recipes to automate bot actions for existing positions and potential trade opportunities.

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 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.

Do you want to avoid trading too many positions in the same security? Learn how to use a simple decision recipe to limit the number of positions in a ticker symbol.

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

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

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

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