A tools that could place the opening trade for butterfly option trade and could alert and manage the execution of all needed orders on a Trading platform(Ninjatrader or Tradestation)
$30-250 USD
Paid on delivery
I want to achieve at least one of the following
objectives.
any of the objectives you could provide for me.
- Objective 1 is an alert tool that will text me when my option trade has entered one of the 6
profit target zones (see below).
- Objective 2 is a tool that could text alert me and create the option orders needed for
execution of each profit target zone on a trading platform
- Objective 3
a tool that could alert me and automate the execution of all needed option
orders on a trading platform
- Objective 4
a tool that could place the opening trade for the butterfly option trade and
could alert and manage the execution of all needed orders on a trading
platform
*My Goal is to Manage profitable 0 DTE butterfly option trades by using the exact opposing
trade to work as a trailing stop and let all positions expire at the end of the day instead of
closing the positions therefore never triggering Pattern Day Trader Rules. I have 6 possible
profit targets to manage a profitable position. (Each target is based on time of the day, price
relation to the butterfly tent, and profit in the trade. - see chart below)
(example - I buy to open an out of the money Call butterfly in the morning and a few hours
later price has moved in my favor and enters profit target 1
I would place a conditional order that if the value of my call butterfly drops 50% from the high
of the day to sell to open the exact opposite Put butterfly to essentially lock in the profits like a
trailing stop would
If the price keeps moving in my favor and butterfly profit enters profit target 2 I would replace
that Sell to Open order with a new Sell to Open order if the value of my call butterfly drops
40% from the high of the day to essentially lock in the profits like a trailing stop would
If the price keeps moving in my favor and butterfly profit enters profit target 3 I would replace
that Sell to Open order with a new Sell to Open order if the value of my call butterfly drops
35% from the high of the day to essentially lock in the profits like a trailing stop would
If the price keeps moving in my favor and butterfly profit enters profit target 4 I would replace
that Sell to Open order with a new Sell to Open order if the value of my call butterfly drops
30% from the high of the day to essentially lock in the profits like a trailing stop would
If the price keeps moving in my favor and butterfly profit enters profit target 5 I would replace
that Sell to Open order with a new Sell to Open order if the value of my call butterfly drops
20% from the high of the day to essentially lock in the profits like a trailing stop would
If the price keeps moving in my favor and butterfly profit enters profit target 6 I would replace
that Sell to Open order with a new Sell to Open order if the value of my call butterfly drops
10% from the high of the day to essentially lock in the profits like a trailing stop would.
Project ID: #37538697
About the project
14 freelancers are bidding on average $134 for this job
Hello, I have read your job description extremely carefully and I am absolutely sure that our team can do the job very well. We have expertise in : ✅ - Website developereloper ✅ - IOS Developer ✅ - Flutter ✅ More
Hello, my name is Adnan Gohar and I am an experienced and results-driven professional with a deep understanding of project management, strategic planning, marketing, data analysis, and software architecture. I believ More
I understand that you are looking for a tool that could place the opening trade for a butterfly option trade and alert you when your profit target zone has been reached so that you can manage the execution of all neede More
Hello there! I am a specialist in full-stack development with over 8+ years of experience in website and mobile app development. From my portfolio, you can see that I have worked on multiple projects with different cl More
Hello Afeez A., I’ve checked your project ..................A tools that could place the opening trade for butterfly option trade and could alert and manage the execution of all needed orders on a Trading platform(Ninj More
Hello, my name is MOHAMMAD, and I am a software architect with 8+ years of experience in the field. I have worked on countless projects involving web design, mobile app development, ecommerce solutions, social apps and More
Hi Afeez A.! Coming to the point, it seems you want A tools that could place the opening trade for butterfly option trade and could alert and manage the execution of all needed orders on a Trading platform(Ninjatrader More
Hi Afeez A. Thanks for the invite! Very nice to meet you. I’d love to help you out with that building your project - "A tools that could place the opening trade for butterfly option trade and could alert and manage t More
I am extensive experience in creating user-centric applications and solutions. C Programming, TradeStation, Python, Trading and Software Architecture - Proficiency in front-end technologies such as HTML, CSS, and JavaS More
