Fully Automated TastyTrade Options Bots

Are you looking for a hands-off approach to options trading on TastyTrade? Fully automated options bots can simplify your trading and provide consistent, stress-free income. With the right tools, you can eliminate the need to monitor the markets constantly, manage risks efficiently, and let your strategy run on autopilot.

Benefits of Using Fully Automated TastyTrade Options Bots

Automating your options trading offers many advantages, especially when integrated with TastyTrade through the Options Auto Trader platform:

• Time savings: Automated bots do the work for you, meaning you can trade without being glued to your screen.
• Emotional control: No more impulsive trading decisions — your bots follow predetermined strategies.
• Consistency: Bots execute trades based on proven strategies, ensuring consistent performance.
• Risk management: Built-in rules help protect your capital by limiting losses and locking in profits.

Now, let’s dive into how you can set up your TastyTrade account for full automation.

Connecting TastyTrade to Options Auto Trader

Before you can start using TastyTrade options bots, you need to connect your TastyTrade account to the Options Auto Trader platform. The connection process is secure and handled via OAuth, which ensures that your credentials remain private while allowing automated access to your account.

Here’s how to link TastyTrade to Options Auto Trader:

1. Log in to Options Auto Trader: Start by logging into your Options Auto Trader dashboard.
2. Go to Account Settings: Navigate to “Account Settings” and click on “Connect Brokerage.”
3. Select TastyTrade: From the list of supported brokerages, select TastyTrade.
4. Authorize the Connection: You will be redirected to the TastyTrade login page. Enter your credentials, and then authorize the connection.
5. Success: Once you’ve authorized the connection, your TastyTrade account will be successfully linked to Options Auto Trader. You’re now ready to automate your trades!

How To Create Your Own TastyTrade Options Bot

Creating your own custom options bot with Options Auto Trader is simple. Here’s how you can set up your first bot to trade on TastyTrade:

1. Create a New Bot: Go to the “Bots” section in your Options Auto Trader dashboard and click “Create New Bot.”
2. Choose Your Strategy: Select the type of options trading strategy you want to automate, such as put selling, strangles, covered calls, iron condors, or credit spreads.
3. Customize the Bot: Set the bot’s trading parameters, including the asset, strike prices, expiration dates, and risk management rules like stop losses and take profit levels.
4. Set Trading Rules: Determine how often your bot will check the markets, when to open trades, and how much of your capital to allocate to each trade.
5. Activate: Once everything is configured, click “Turn On.” Your bot will now automatically trade for you based on your rules.

With your bot running, you can sit back while it executes your strategy around the clock.

Pre-Built TastyTrade Options Bots with Options Auto Trader

Don’t want to create a bot from scratch? No problem! Options Auto Trader comes with several pre-built options bots designed to execute popular strategies automatically. These bots are ideal for traders who want to hit the ground running without the hassle of manual setup.

Here are some of the pre-built bots you can use:

• Covered Call Bot: A great way to generate income by selling call options on stocks you already own. This bot automatically selects the best strike prices and expiration dates for your portfolio.
• Iron Condor Bot: Perfect for traders looking to profit from range-bound markets, this bot automatically sells iron condors with precise entry and exit rules to maximize your chances of success.
• Credit Spread Bot: This bot automates the selling of credit spreads to take advantage of high volatility and collect premium.
• Straddle and Strangle Bots: These bots help you trade market-neutral strategies, ideal for capturing profit from significant price movements in either direction.

Each of these bots is pre-configured with optimal parameters, but you can customize them further to fit your trading goals. With these ready-made bots, getting started with TastyTrade options automation has never been easier.

Start Your 30-Day Trial

Ready to automate your options trading strategy? Join the Options Auto Trader today and experience the simplicity and power of TastyTrade options automation for yourself!

Join The Options Auto Trader

Thanks for reading :)
Austin Bouley
Founder of the Options Auto Trader