In this video, I want to show you how you can automate actions in your portfolio by different ticker symbols. So if you're an option trader and you like to make different decisions when you're trading SPY vs. APPL or TSLA, you can do that automatically inside of your bot portfolio.

So let's assume here that you've got monitor automation that set up to monitor any of your iron condor positions. So you start this with a position loop to repeat through each of your iron condor positions.

Next, we would have the bot make decision. And the decision that we would have the bot make would be to check the position's underlying ticker symbol. Here's the recipe we can use to start making different decisions based on whether the bot is trading a position in that underlying ticker symbol.

So we select that recipe, and then we just connect the position to whatever position the bot is looping through. Check and see if the underlying position symbol is important to you for making different decisions. Let's say, SPY.

So, if the position's underlying symbol is SPY, we want the bot to go down a different path and start making different decisions. So, in this case, maybe if the bots position underlying symbol is SPY, we're okay checking to see if the position premium has gone up by, say, 50%.

But we might want to make a different decision if the bot's underlying position symbol is something else.

So down the "No" path, if the position's symbol that it's currently looping through is not SPY and the answer to that decision block here is no., we can have the bot make another decision and check another specific symbol for a different set of criteria that we want inside of our bot.

Here, let's again go ahead and connect this to whatever position it's looping through, and check and see if the underlying symbol this time is something like TSLA.

Maybe if we're trading options on TSLA, we want to make slightly different decisions. Maybe we're not comfortable holding to a 50% premium increase. Maybe we want to trade TSLA and do something around a 25% premium increase before we take some sort of action like close the position.

So, we add another set of criteria here and go down to the position recipe for premium has increased by a certain amount. Again, in this case, maybe we say 25%.

In that case, whenever the premium goes up by 25%, we want to close the position. If the position's underlying symbol is SPY, then we're okay closing the position if the premium goes up by 50%. We're willing to let it have a little bit more wiggle room for our iron condor positions.

But notice right here that we can let the bot automate the decisions and actions in our portfolio, specifically by the ticker symbol that we're trading.

Now, in this case, if the position is SPY, it goes down this path here. If the position is TSLA, then it goes down this path, and then any other symbols that don't fit those criteria simply go down this no path. And, you could build out that no path right here inside of your automation editor.

Again, it's another way that you can specify with absolute laser precision how you want the bots to manage different types of positions or positions in different types of symbols that you're trading inside of your portfolio.

You don't have to do it this way. You can manage all of your iron condors exactly the same, but if you're a trader that likes to manage positions differently based on different symbols, you can do that right inside of your bots and automations. And you can do that really easily, just like how we had it set up here inside of this demo monitor automation.