Retrying mechanism

[nijinwilson]

In Credit spread strategy, What to do if Short leg gets executed without Buy Leg getting executed assuming my account has enough margin to get naked short leg executed ( I mean my account has enough fund to execute short leg without margin benefit of hedge leg but i want it be hedged as long as trade is open)

[jay.gori]

Hi @nijinwilson

I have replied to a similar question of yours in the post below:

Retry Mechanism: Stratzy’s Most Requested Feature Update

Hi @nijinwilson For Credit Spread strategies, the Algo always places the Long (Buy) leg first. In the scenario you’ve described, the Buy order remains pending, while the Short (Sell) leg gets executed because your account has sufficient margin to take the naked short position. In such a case: The Algo will automatically generate the exit order for the executed Short leg when the exit signal is generated. The pending Buy order can be left as it is. If it gets executed later, the Algo will…

Please refer to it. If you still need any clarity after reviewing, write back, and I will be happy to help.