Bid-ask spread volatility occurs in even the most liquid tickers. It can be difficult - and costly - for traders to avoid wide bid-ask spreads when trading manually. With Option Alpha's autotrading platform, there are multiple solutions to help control slippage when entering and exiting positions.
In this workshop, we'll show you how to use our proprietary SmartPricing technology to adjust final price settings for varying bid-ask spread widths. Your monitor automation will work through multiple steps to ensure minimal slippage and only exit a position if it fits your specific pricing criteria.
We shared a template so you can easily add this technique to your existing bots (we even show you how in the workshop)!
If you're not an Option Alpha member and want to access the Community template, sign up for a free 30-day trial.
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