Trades Supported
0 DTE and other short term (1, 2, 5, 7 DTE, etc)
Credit Spread
Debit Spread
Iron Condor
Iron Fly
Double Calendar
Long Put/Call
Naked Shorts
Put/Call Calendars
Ratios
Custom Trades (up to 4 legs)
Trade Templates / Trade Selection
Target Min and Max Premium or Delta.
Target multiple possible widths. (i.e. 45,50,55) or certain cost for wings (0.05 or 0.10)
Avoids overlapping long strikes with previous short entries.
Multiple trade template criteria can be pre-defined.
Multiple accounts supported.
Trade Scheduling / Execution
Schedule multiple trade entries for automated execution.
User defined fill progression (i.e. attempt to fill trade 3 times, lowering the limit price by 0.05 every 5 seconds)
Email notifications on order fills and stops.
Stop Placement / Management
Stop can be placed on vertical spread or short leg only.
User defined stop multiple (1.5x 2x, etc.)
Stop order monitoring and replacement if a stop order is canceled for some reason.
Automatic conversion from vertical to short leg only when the long leg has no bid.
Scheduled conversion from vertical to short stops at user defined time.
Automated stop adjustments (i.e. move stop to breakeven after reaching 50% profit)
Profit target orders
Stop Limit / Stop Market OCO stops
Trailing Stop orders (IBKR Only)
Conditional REL order (IBKR Only)
Time of Day or Time in Trade scheduled exit
Brokers Supported
Interactive Brokers (IBKR)
TradeStation + special promo to reduce commissions
Tradier
Schwab