Iron condor in Streak

I want to trade 4 option contracts… say something like Iron condor & if profit hits say 2000, I want to close all 4 positions in Zerodha. Is it possible to do this in Streak automatically when my expected P/L is reached?

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@Streak can you.

How to do this? can you please explain?

Hi @Deals_Mithai

You can create a condition for the strategy but the p/l is basically the net p/l. Exiting on the basis of net p/l reaching a certain value is not possible currently since the p/l of each contract is tracked separately.

We are however working on this and this can be done after the combined p/l feature is released. Note that Streak will only send notifications after the value is reached, it will not exit positions automatically.

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@Streak can you show ss of how to create iron fly on streak ?

Hi @Prashant_Jain,

While adding the Dynamic Contract, you need can use the following settings

Read about Dynamic Contract here: What is Dynamic Contract and how to create a Short Straddle on weekly Banknifty options in Streak? - Streak Tech