How to close option lots based on my profits for ex if i have brought 5 lots of ce how to close 1 or 2 lots based on profits using algotest or anyother platform
Hi Anish,
To close option lots based on profit targets, you need a system that continuously monitors unrealized P&L and executes partial exits when predefined profit levels are met. This can be done using rule-based platforms, where you define exit conditions to sell 1 or more lots as profits increase. For more flexibility, API-based automation (e.g., using Python with broker APIs) allows real-time tracking of P&L and dynamic order placement. Alternatively, webhook alerts can trigger exits when profit thresholds are reached. The best approach depends on whether you prefer a no-code solution or custom automation via API scripting.