An options bot for tastytrade that sells premium by fixed rules, so you stop breaking yours.
You know the rules: sell premium when volatility is rich, size every position the same way, close winners at target, defend the ones that go against you.
You break them anyway. Not always, just often enough. The market goes quiet and a setup looks a little better than the rules allow. A loser feels like it's about to turn, so you hold past your own stop.
Forty years of trading taught me the rules were never the problem. I was.
Enters only when the gate says so. IV Rank, days to expiration, and liquidity all have to clear before a trade goes on, the same way every time.
Manages every position on a schedule. Profit targets, defense, and exits run on fixed rules, not a feeling about where the stock is headed next.
Refuses trades when the market or your loss limit says stop. A VIX spike or a bad day halts new entries immediately. No override. Not just this once.
Every few minutes, ACondor checks a list of liquid stocks and ETFs for ones expensive enough to sell premium on.
Candidates get ranked by how much they pay against how much they risk.
The best one that clears every safety check gets a defined-risk trade, sized to your account.
Every open position is checked on every cycle: take the win at target, defend it if it gets tested, exit if a rule says to.
You see every fill, every exit, and the reason for it, net of real broker fees.
See the full mechanics, engine by engine, on How It Works →
Forty years trading options. The last several spent building this for my own account. Live since July 2026. No returns claimed: past behavior of any strategy, including mine, doesn't promise future results.
ACondor Founder Robin
A tastytrade account, margin preferred. That's the only broker ACondor trades through.
Get a tastytrade account →An Anthropic API key. It costs pennies a day and reads news headlines to protect your open positions. It never places a trade on its own.
Get an Anthropic API key →Early access is open in small batches, so every account gets hands-on setup and a direct line to me while I'm building this.
Request Early Access →An iron condor is a four-leg options structure: a short put, a long put below it (the lower wing), a short call, and a long call above it (the upper wing). You collect premium when you enter. You profit if the underlying stays between the short strikes through expiration. The long wings define your maximum loss on either side.
Each engine has a separate entry gate. The mechanical engine enters when IV Rank is at or above 50, a 30 to 65 DTE expiration exists, and earnings are not inside the window. The entry scorer ranks candidates by credit-to-risk ratio, probability of profit, and a directional bias multiplier. The highest-ranked candidate that clears the buying power check gets entered.
Yes. The bot runs a scan-and-manage loop every three minutes during market hours. You set the parameters from the dashboard. The bot places orders, manages open positions, and exits based on fixed rules. You can monitor it on the dashboard or receive SMS notifications on fills and exits.
Multiple circuit breakers protect the book. A VIX level above 35 halts new entries immediately. A daily loss beyond your configured threshold halts new entries for the rest of the session. A weekly loss threshold provides a harder backstop. Existing positions continue to be managed regardless of any halt. The bot never auto-closes positions into a spike, which would lock in losses.
Margin accounts have access to all structures. IRA and cash accounts are restricted to defined-risk structures (iron condors, credit spreads, debit spreads). Custodial accounts have a 5-contract position cap enforced automatically. 401(k) accounts are blocked from all trading by default.
ACondor is a software tool that automates a defined options trading strategy. It is not investment advice, and it does not guarantee any financial outcome. Options trading involves substantial risk of loss. Past behavior of any strategy does not guarantee future results. Robin Lilly is not a registered investment advisor. Consult a licensed financial professional before trading options.
This site provides general information about ACondor, a software tool for automating options trading strategies. Nothing on this site is investment, tax, or financial advice. Options trading involves substantial risk of loss. Past behavior of any strategy does not guarantee future results. Consult a licensed financial professional before trading options. ACondor may earn a commission from affiliate links at no extra cost to you.