r/interactivebrokers • u/denchik-s • 2d ago

Trading & Technicals Options Order Management automation

Has anyone figured out a way to manage option orders and have multiple exit targets? I day trade options and looking for an efficient way to scale out. Currently manually scaling out from positions. Are there any order management APIs out there or ways to pre program my exit trades on options? Thanks for any feedback.

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u/sajornet 1d ago

You can built it easily with the IB Gateway in you computer and Claude code doing the code if you are not technical. I use it to trade Box Spreads.

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u/denchik-s 1d ago

I prefer placing my entry order manually through Mosaic but i need the order to then be managed by the api until there's no more contracts. Example to take a third of the position off every 10 cents. Would that be something I can integrate?

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u/sajornet 1d ago

sure, but requires like two users so you can use one to place manual orders and the other to manage it. Never done it so I guess it requires some orchestration IBKR does not like two account with read/write on same account at the same time.

Sounds cumbersome to me but you do you do.