How do you handle closing options strategies with worthless long legs?
Updated: April 17, 20251 min read
When Long Legs are nearly worthless, there's a risk they can no longer be sold or closed. OptionsApp detects this in the combination of the set up trade and would then exclude that Long Leg and essentially ignore it.
From version 2.0 on, this behavior requires an approval in the user portal. Details: Rebuilding of close orders when a leg becomes untradeable.