Target Profit Auto Square-Off for Running Legs
Hi Punch Builders Lab Team,
I would like to suggest a feature that could be very useful for multi-leg option strategies.
Idea:
When multiple legs are open and running, provide an option to set a Desired Overall Profit Target for the entire strategy/position. Once the combined P&L of all open legs reaches the specified profit amount, the system should automatically and instantly close all open legs at market.
Example:
- Multiple option legs are running.
- User sets a target profit of ₹50,000.
- As soon as the combined strategy P&L reaches ₹50,000, all open legs are exited immediately.
Benefits:
- Locks in profits automatically.
- Eliminates manual monitoring.
- Reduces execution delay during fast market moves.
- Particularly useful for complex multi-leg and hedged strategies.
It would be even better if users could choose whether the profit target is based on:
1. Strategy-level P&L (all legs combined).
2. Individual leg P&L.
3. Percentage profit or absolute profit amount.
Thank you for considering this enhancement.
Log in to comment and vote
No comments yet
Be the first to share your thoughts.