Bots always keep an eye on your positions. You can monitor multiple position legs and make specific decisions based on the underlying price relative to the option legs.
For example, you can use a monitor automation to check if an iron condor’s short strikes are challenged. Grouping both short strike legs of the iron condor with this decision recipe lets you monitor both sides simultaneously, so you can take action if the position’s underlying price has breached a short strike.
The bot can evaluate if the underlying price is above the short call or below the short put with grouped decisions. You may want to manage the position differently if the position is challenged and approaching expiration.
Now you can rest easy knowing grouped decisions monitor all your option legs simultaneously, and bots will manage positions as soon as they become challenged.