I’ve been trading SPX credit spreads for a while, and the hardest part isn’t picking direction — it’s managing the trade once you’re in.
Stops, trailing exits, and emotions mess things up way more than the setup itself.
I built a small bot for myself that connects to IBKR and:
• Places and adjusts stop/limit orders automatically
• Closes spreads early if ATR/ADX conditions flip
• Recovers state after restart or TWS hiccups
• Logs everything so I can review risk per trade
It doesn’t predict — it just executes my plan perfectly.
I’m wondering: would other options traders actually pay for a platform that automates execution + risk management (not signals)?
If so:
• What would make you trust it? (audit logs, paper-trade mode, full broker transparency?)
• What would a fair monthly price be?
• Would you want to customize your own spread logic, or just automate entries/exits?
Not selling anything — just curious if others want to remove the emotion from spread management.
Anyone here automated their SPX credit spreads or iron condors to manage risk?
byu/sacpate inoptions
Posted by sacpate