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AutoExitUODT
Version 2
This TradingApp® is designed to automatically place the limit and, if enabled, stop exits for the “dime” trade taught by Bill Corcoran of OpenTradez in his Ultimate Options Day Trader (UODT) course. It does this by watching for a new SPY option position and, when one is detected, automatically entering a closing order for the exit(s) selected. In a fast-moving market this can mean the closing order could actually be filled before the trader could place a similar order. The exit(s) are placed based exclusively on the rules set forth by Bill in the UODT course.
This TradingApp® is designed to automatically place the limit and, if enabled, stop exits for the “dime” trade taught by Bill Corcoran of OpenTradez in his Ultimate Options Day Trader (UODT) course. It does this by watching for a new SPY option position and, when one is detected, automatically entering a closing order for the exit(s) selected. In a fast-moving market this can mean the closing order could actually be filled before the trader could place a similar order.

The exit(s) are placed based exclusively on the rules set forth by Bill in the UODT course.
What's New
Version 2
Updated Documentation
Version 2
Updated Documentation
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Developer
Requirements
Tradestation 9.5 (Update 22)
Asset Type
Option
Style
Intraday
Methodology
Other
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