Understanding Text Alert Syntax

This guide explains how Holguin Trades structures its text alerts so traders know what action to take, which symbol to trade, and which option contract to use. Not all alerts include every field, and some are only used for specific actions like rolling a position. Basic knowledge of options trading is recommended.

💬 For additional help, contact Holguin Trades directly via the Contact Us link provided in the original resource.

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📋 Contents

1. Fields
2. Examples
   • Start a New Lot
   • Allow Assignment
3. FAQs
4. Glossary

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🏷️ Fields

Each alert may include combinations of the following fields:

Field	Description	Required
Position Action	Start, Exit, RollExit, RollStart, allowAssignment	Yes
Contract Action	Buy to open, Sell to open, Buy to close, Sell to close	Yes
Symbol	Ticker (e.g., MSFT, AAPL, TSLA, NVDA, etc.)	Yes
Expiration Date	Format: MM/DD/YY or MM/DD/YYYY	Yes
Option Type	C for Call, P for Put	Yes
Strike Price	Numerical value (e.g., 217.5, 500)	Yes
Rating	1 (low confidence) to 5 (high confidence)	Optional
Expected Duration	Numeric value representing days (e.g., 1-350)	Optional
Risk Per Trade	Percentage risk per lot (e.g., 5%)	Optional
PreEarning	Indicates trade is before earnings release	Optional

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🔍 Examples

✅ Start a New Lot

Start: Sell to open ZM 1/24/25 P 75 | 4Star | expected Duration: 4Day | Risk Per Trade: 5.0%

• Action: Open new short position
• Details: ZM $75 Put, expires Jan 24, 2025
• Rating: 4 Stars
• Duration: 4 Days
• Risk: 5%

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🛑 Allow Assignment

allowAssignment: Sell to open ZM 1/24/25 P 75

• Indicates permission to allow assignment on an in-the-money position
• No rolling or closure is recommended

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❓ FAQs

• Why aren't contract quantities provided? Because every trader has different portfolio sizes and risk preferences. Use Rating and Risk Per Trade to guide quantity.

• Why isn't the option premium included? Due to potential delay in delivery, premium data may become outdated or misleading.

• What if I get an alert to exit a lot I don't own? Ignore it - alerts assume you acted on prior entries. If you didn't take the original trade, the exit doesn't apply.

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📘 Glossary

• Lot: A "trade" consisting of one or more option contracts with the same core characteristics.
• Option(s): A shorthand reference to "option contracts."

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Note: Contract quantities are not provided because traders have different portfolio sizes and risk preferences. Rating and Risk Per Trade should guide quantity. Option premium is not included due to potential delays and the risk of outdated or misleading data.

If you receive an alert to exit a lot you don't own, simply ignore it. Alerts assume prior entries were acted upon.

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