Before automation, it was difficult to monitor multiple positions at once. Now you can delegate the management process to your bot.
The comparing position time to expiration recipe enables you to reference how close a position is to its expiration date. This can be incredibly useful if you want to exit a position at a defined number of days before a contract expires.
Typically, this recipe is set up inside a monitor automation and is preceded by a loop positions action. The action goes through all positions of a certain type inside of your monitor automation and pulls in data for each of those positions.
You no longer need to worry about holding a position too close to expiration. Simply add this decision recipe to a monitor automation that manages open options positions, and you have an expiration filter as a final safeguard.