214: Build A Fully Automated Options Portfolio with $3,000 in 1-Click
The Option Alpha Podcast
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Automated Trading - Is There Anything Available?
The bot is filtering out automatically for you any strike or expiration period where the strikes are just too wide for your small portfolio. It doesn't enter a new position if you don't have enough capital to get into it. The second that something comes up that is available, then it will continue down the path. If nothing's available, it stops, and it goes to the next ticker. These decisions are in a grouping of their own called opportunities.
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