Condition for exit from position as per pnl

Strategy
#1

The Strategy is to Sell Straddle & Buy CE & PE for Protection.Now i want to monitor PNL for Sold Positions -2 Nos Only and want to Exit as soon as desired ( Profit or Loss) is achieved leaving the Buy Options intact.Pl guide on conditions to be build.

#2

Create sell straddle in the first set. Also put the below condition in the first set Exit.
P&L > Number(5000)
In the second set Buy CE & PE.

#3

what he says is longs should not be exited before exit of shorts. this is for ensuring margin
whether PNL>5000 will work in Repair once is doubltful. it is not working for me

1 Like