IronCondorLiveDashboard

Dashboard to Monitor 0dte Option Selling Strategies

3 Iron Condor Strategies. $10, $20, and $30 Wings.

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Table of Contents

About The Project
- Iron Condors Explained
- Strategy
Roadmap
- Design
- Prototype
- Deploy
Built With
Prerequesites
Contributing
Contact
Acknowledgments

About The Project

The goal with this project is to design, build, monitor and eventually go live with an automated strategy.

Key Unknowns:

Can a strategy work without human intervention?
Which exit strategy works best for different Condors?
How to automate TDA API to exit the trade in chaotic conditions?

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Iron Condors Explained

Strategy

Sell both wings at the open. 1% above and below the opening price.

 $10 Wing Strategy Example with SPX open price of 4500:
     Left Wing:
     * Sell 4455 Put @ .50
     * Buy  4435 Put @ .40
     Credit = $10

     Right Wing:
     * Sell 4545 Call @ .50
     * Buy  4555 Call @ .40
     Credit = $10

     Total Credit = $20

Set a stop loss for both wings at 5x the credit received.

 $10 Wing Exit Strategy Example with SPX open price of 4500

     Stop Loss = Total Credit x 5
     Stop Loss = $100

     Left Wing:
     * Buy   4455 Put
     * Sell  4435 Put
     Exit @ Spread Value of 1.00

     Right Wing:
     * Buy   4545 Call
     * Sell  4555 Call
     Exit @ Spread Value of 1.00

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Road Map

Preparation:

Create Repo with README (Jan 1)
Fill out Roadmap

Design:

Create low-fidelity wireframe
Add basic logic of the strategy

Prototype:

Build Front-End structure in Angular
Setup API to backend
Build database
Build TDA API data retrieval in Python

Deploy:

Create subdomain on AWS
Upload Basic Front-end to S3 Bucket
Upload Version 1 Front-End to S3 Bucket
Host Python data retrieval script. (Where?. EC2 or local or?)
Backend API deploy to Deta (Jan 4)
Deta database created (Jan 4)

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Design

Wireframe

Version1:

Prototype

Deploy

Domain(With starter Front-End): https://condor.2187.io

Installation

Clone the repo

git clone https://github.com/2187Nick/IronCondorLiveDashboard.git

Install NPM packages
```
npm install
```

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Built With

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Prerequisites

npm
```
npm install npm@latest -g
```

Contributing

Any contributions you make are greatly appreciated.

If you have a suggestion that would make this better, please fork the repo and create a pull request. You can also simply open an issue with the tag "enhancement". Don't forget to give the project a star! Thanks again!