Max Allocation Dollars

Setting key
max_allocation_dollars
Default
not set

What it does

Fixed dollar cap on total deployed buying power. Used only when mode is set to fixed_dollars. When set alongside max_allocation_pct, whichever limit is lower wins. Useful for capping a large account at a fixed dollar amount regardless of NLV growth.

When to change it

Set this if you want a hard dollar ceiling regardless of account size. Leave unset to use pct-only mode.

Safe range

Any positive dollar value above your minimum position size. Setting too low means the bot never enters.

Example

$500,000 account, max_allocation_pct=10% would allow $50,000 deployed. Setting max_allocation_dollars=20000 caps it at $20,000 instead.

Financial Information Disclaimer

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.