214: Build A Fully Automated Options Portfolio with $3,000 in 1-Click
The Option Alpha Podcast
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Scanner Automation - Is Your Rate of Return Filter Working?
You're checking the probability of profit, and you'r checking the rate of return. Are you collecting enough premium on the position? I mean, those are really big things that you are letting the bot check off here. And your base asking the bod, look, this potential iron condor that you told me is available. Does it pass all of my requirements? Is it liquid enough with a high rate of return and a high probability of success? Yes to all of those, great. Go ahead and start opening the position. That basically is what wraps up your iron condor scanner. It will calculate automatically what the price of the iron condor is tat the premium that they're
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