2min chapter

The Option Alpha Podcast cover image

214: Build A Fully Automated Options Portfolio with $3,000 in 1-Click

The Option Alpha Podcast

CHAPTER

Using a Bot Template to Filter Out Large Bid Ask Spreads

There's three different filters that we set up, each with their own custom input. With the first filter that we have is a bid ask spread threshold this is the most important one and i would argue it is the easiest one to add to every single bot template that you build. Just let the bot filter out large bid ask spreads in the middle of the day, or in any day so that your only trade in iron condors or any other position when the spreads are narrow enough for you. It's dead simple to be able to do. In fact, o go like the panel i was on just the other day with c b o e. You don't have to do that manua

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