3min chapter

The Option Alpha Podcast cover image

210: 12 Complex Things That Are Simple To Automate w/ Bots

The Option Alpha Podcast

CHAPTER

How to Set Up Hybrid Trading Automations

When you click a button, the bot could loop through all of your positions and see if any stocks have earnings in the next five days. It's literally that simple to do that and set it up. Number 10, immediately trigger new trades when certain positions are opened. Just because a new position was opened, you can have the bot immediately open or attempt to open a synthetic covered call. The second that you get your stock position on, boom, you have your synthetic covered call in place.

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