Max Concurrent Positions
Setting key
max_concurrent_positions
Default
20
What it does
Hard cap on the number of open positions across all accounts at once. The scanner stops entering new positions once this count is reached regardless of available buying power.
When to change it
Lower it when starting out. 5 to 10 is easier to monitor. Raise it as you get comfortable with the system and have enough buying power to support more positions.
Safe range
3 (minimal) to 50 (high-volume). Above 30 requires significant account size to avoid over-concentration.
Example
At 20 positions with 1 contract each at roughly $700 BP per iron condor = $14,000 deployed on a $140,000 account.