December 11th, 2017

Trading Bot To Help Stop Overtrading Options: Automated Service Launched

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When markets move quickly, options traders are often tempted to enter marginal trades, hold losing positions or abandon planned exit points. ACondor offers an automated alternative, executing a defined options premium-selling strategy according to preset criteria rather than discretionary decisions.

-- ACondor has introduced an automated options trading service designed to reduce impulsive trading decisions through predefined entry, exit and risk-management rules, helping traders follow a consistent strategy rather than react emotionally to market movements.

Further details are available at https://acondor.com/

The new service addresses a common challenge in options trading: maintaining discipline when financial outcomes are uncertain. The U.S. Securities and Exchange Commission’s investor education office has warned that short-term trading, including trading involving options, can expose retail investors to significant and unexpected losses. Additionally, the SEC cited that emotionally driven or impulsive investment decisions can contribute to heightened risk rates for investors. ACondor is designed to remove any emotional or impulsive reflex and make trade execution more systematic.

ACondor scans liquid stocks and exchange-traded funds for options opportunities, evaluates candidates against volatility, liquidity and other strategy requirements, and places qualifying trades through a connected tastytrade brokerage account. Once positions are open, the bot monitors them against predefined profit targets, defence rules and exit conditions. Account-level loss limits and market-volatility safeguards can halt new entries when specified thresholds are breached.

The system also records trade activity, including fills, exits and the reasons behind decisions, with results accounting for broker fees. Traders can configure settings through a dashboard and receive notifications about significant activity. The bot is intended to enforce an established strategy consistently, not replace a trader’s understanding of options or remove the need to supervise an account. In fact, ACondor stresses that automation alone cannot completely eliminate market risk or guarantee profitable results

About ACondor

ACondor was developed by founder Robin Lilly, who brings four decades of options trading experience to the project. The service is currently available through an early-access programme, with onboarding provided in small batches. It requires a tastytrade account; compatibility with other brokerage platforms is planned for the future.

More information about the options trading bot from ACondor, its requirements and early access is available at https://acondor.com/

Disclaimer: Options trading carries substantial risk of loss, and automated strategies can lose money even when they follow their rules correctly. ACondor does not guarantee returns or provide investment advice.

Contact Info:
Name: Robin Lilly
Email: Send Email
Organization: ACondor LLC
Address: 2521 North Main Street, Las Cruces Unit 1-276, Las Cruces, New Mexico 88001, United States
Phone: +1-575-312-9326
Website: https://acondor.com

Source: NewsNetwork

Release ID: 89207289

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