Deep-Dive into Automated Strike Selection

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Strike price selection is one of the most important factors when setting up your options strategy. This workshop is a deep-dive into the automated strike selection process you can use to set your strategy's option legs in scanner automations.

We explore how to use a combination of different strike recipes in an open position action to set probabilities, control risk, match strike prices for multiple-leg strategies, and more, with detailed examples.

We'll also discuss and demonstrate how strike selection can be used for opportunity filtering and risk management for your automated trading strategies.

Transcript

The text is the output of AI-based and/or outsourced transcribing from the audio and/or video recording. Although the transcription is largely accurate, in some cases, it is incomplete or inaccurate due to inaudible passages or transcription errors and should not be treated as an authoritative record. This transcript is provided for educational purposes only. Nothing that you read here constitutes investment advice or should be construed as a recommendation to make any specific investment decision. Any views expressed are solely those of the speaker and should not be relied upon to make decisions.

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1 hour, 09 min vid

Kirk Du Plessis

Last updated:

Mar 16, 2023

Originally published:

Mar 8, 2023

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