{"id":311,"date":"2020-05-05T15:37:32","date_gmt":"2020-05-05T22:37:32","guid":{"rendered":"https:\/\/quantcha.com\/news\/?page_id=311"},"modified":"2022-04-26T09:59:11","modified_gmt":"2022-04-26T16:59:11","slug":"how-do-you-stay-on-top-of-your-options-investing","status":"publish","type":"page","link":"https:\/\/quantcha.com\/news\/how-do-you-stay-on-top-of-your-options-investing\/","title":{"rendered":"How do you stay on top of your options investing?"},"content":{"rendered":"\n

There are so many risks and opportunities in the market at\nany given time. But you can\u2019t spend all of your time staring at screens. You\nwant to stay informed, and now there\u2019s a way to do it even when you\u2019re not on\nthe job.<\/p>\n\n\n\n

\"Quantcha
Quantcha Alerts<\/figcaption><\/figure><\/div>\n\n\n\n

Quantcha Alerts is the part of Quantcha you never stop using. It\u2019s an indispensable service that monitors the market (and your accounts, optionally) to keep you notified of important developments. Simply define a set of conditions, such as stock prices, position market values, or book delta ranges, and we\u2019ll let you know when they\u2019re all in play.<\/p>\n\n\n\n

Alerts are configurable.<\/strong> You can combine a variety of\nalert conditions, which include timeframes, stock and option properties, and portfolio\nscenarios, such as likely option assignment, to receive alerts when key\nopportunities and risks arise.<\/p>\n\n\n\n

Alerts are customizable.<\/strong> Every condition allows you\nto specify parameters that fine-tune the type of notifications you receive and\nwhen. You can decide how far out to keep an eye on ex-dividend dates, and at what\nassignment risk you\u2019d like to be alerted for your short calls.<\/p>\n\n\n\n

Alerts are integrated.<\/strong> If you link a brokerage\naccount with Quantcha, you can configure alerts that watch your portfolio for\nimportant conditions, such as approaching earnings dates or opportunities to\nclose positions at a desired price.<\/p>\n\n\n\n

\"Configuring
Configuring alert properties<\/figcaption><\/figure><\/div>\n\n\n\n

Setting up an alert is really easy. First, start off by entering a descriptive name. This will be used as part of the notification subject. You can optionally include additional notes that will be included in the body of the notification. This could be helpful to remind you why you created the alert in the first place.<\/p>\n\n\n\n

\"A
A sample alert notification<\/figcaption><\/figure><\/div>\n\n\n\n

Post-Trigger Actions<\/h2>\n\n\n\n

Next, decide what you want to happen After This Alert\nTriggers<\/strong>. There are several options.<\/p>\n\n\n\n

Do Nothing<\/strong> leaves the alert in a triggered state. You have the option of manually resetting the trigger immediately or in a few days if you want to be alerted the next time all conditions are met. This is a good option if you expect to reuse the alert, possibly after modifying it.<\/p>\n\n\n\n

Reset It Automatically<\/strong> will automatically reset the\nalert after the specified number of days. This is a good option if you have\nregular conditions you want to track, such as weekly option assignment risk.<\/p>\n\n\n\n

Delete This Alert<\/strong> will automatically delete the alert after it triggers. This is a good option if you have a one-time need, such as waiting for an order to fill.<\/p>\n\n\n\n

Alert Conditions<\/h2>\n\n\n\n

Every alert must have at least one condition to evaluate.\nWhen there are multiple conditions, they must all be met for an alert to\ntrigger at that time.<\/p>\n\n\n\n

\"Configuring
Configuring a Day and Time condition<\/figcaption><\/figure><\/div>\n\n\n\n

Day and time<\/strong> conditions are designed to scope alerts\ninto specific timeframes. For example, you may only want option book alerts to\nraise during market hours. Or you might only want option assignment alerts to\ntrigger 10-11AM on Fridays. Note that all times will be evaluated as current Eastern\nTime Zone times.<\/p>\n\n\n\n

\"Configuring
Configuring a Stock Property condition<\/figcaption><\/figure><\/div>\n\n\n\n

Stock property<\/strong> conditions watch for thresholds in\nstock properties, such as prices, implied volatility, and other key data points\nthat are important to option investors.<\/p>\n\n\n\n

\"Configuring
Configuring an Option Property condition<\/figcaption><\/figure><\/div>\n\n\n\n

Option property<\/strong> conditions watch for thresholds in option\nproperties, such as prices, Greeks, and assignment risk.<\/p>\n\n\n\n

\"Configuring
Configuring a Portfolio Property condition<\/figcaption><\/figure><\/div>\n\n\n\n

Portfolio property<\/strong> conditions watch for thresholds in\nportfolio properties, such as prices and Greeks. If you provide a specific book\nto watch for, then it will scope the tracking to just options in that book\nwithin the portfolio.<\/p>\n\n\n\n

\"Configuring
Configuring an Option Assignment condition<\/figcaption><\/figure><\/div>\n\n\n\n

Option assignment<\/strong> conditions watch for assignment\nrisks in the specified portfolio. You need to provide a Within Days of\nExpiration\/Ex-Dividend<\/strong> parameter, which is the number of days to watch for\nan assignment event (expiration and\/or ex-dividend). This is a maximum range\nparameter, so if you use \u201c7\u201d, then it will watch all options that are within 7 calendar\ndays of expiration, as well as calls within 7 days of ex-dividend. The Risk\nof Assignment<\/strong> parameter is the minimum assignment risk that will trigger\nthe alert. If you specify .3, then any options that meet the other criteria\nwill need to have an assignment risk of 30% for the alert to trigger.<\/p>\n\n\n\n

\"Configuring
Configuring a Portfolio Event condition<\/figcaption><\/figure><\/div>\n\n\n\n

Portfolio event<\/strong> conditions watch for events important to the stocks in the specified portfolio. You can select the Type<\/strong> of event, such as upcoming earnings announcements or ex-dividend dates. The Within Days of Event<\/strong> specifies the window of days before upcoming events to check.<\/p>\n\n\n\n

\"Configuring
Configuring an Order Closed condition<\/figcaption><\/figure><\/div>\n\n\n\n

Order closed<\/strong> conditions watch for changes in the status of the specified order. More specifically, this condition watches for the order to be filled (including partially), cancelled, expired, or otherwise closed.<\/p>\n\n\n\n

\"\"<\/a>
Quantcha Alerts Introduction on YouTube<\/figcaption><\/figure><\/div>\n\n\n\n

Want to see Quantcha Alerts in action? Check out our video on YouTube<\/a>.<\/p>\n\n\n\n

Try out Quantcha Alerts using our free hands-on training<\/a>.<\/p>\n\n\n\n

We\u2019re always adding more conditions, so if you don\u2019t see\nsomething you need, please reach out to us at hello@quantcha.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

There are so many risks and opportunities in the market at any given time. But you can\u2019t spend all of your time staring at screens. You want to stay informed, and now there\u2019s a way to do it even when you\u2019re not on the job. Quantcha Alerts is the part of Quantcha you never stop … Continue reading “How do you stay on top of your options investing?”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/quantcha.com\/news\/wp-json\/wp\/v2\/pages\/311"}],"collection":[{"href":"https:\/\/quantcha.com\/news\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/quantcha.com\/news\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/quantcha.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/quantcha.com\/news\/wp-json\/wp\/v2\/comments?post=311"}],"version-history":[{"count":12,"href":"https:\/\/quantcha.com\/news\/wp-json\/wp\/v2\/pages\/311\/revisions"}],"predecessor-version":[{"id":462,"href":"https:\/\/quantcha.com\/news\/wp-json\/wp\/v2\/pages\/311\/revisions\/462"}],"wp:attachment":[{"href":"https:\/\/quantcha.com\/news\/wp-json\/wp\/v2\/media?parent=311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}