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.