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Trading Algo for Covered Calls
I built a trading bot that uses your portfolio long positions to sell covered calls, an easy low risk way to generate additional portfolio income, is anyone interested in using it?
- ra7 6y agoYou should make a 'Show HN' (https://news.ycombinator.com/show https://news.ycombinator.com/show) post demonstrating how the bot works.
- hughes7370 6y agoThanks, mate!
- llampx 6y agoWhat's the likelihood of getting your stock called away when the stock is making good gains?
- hughes7370 6y agoBy default, the system is configured to immediately place an order for the same shares and price if this occurs, to cancel out the negative effects of this.