Sep 29, 2026
ACondor's newly announced software runs defined-risk premium-selling strategies with circuit breakers and daily and weekly loss caps, built for experienced traders who already sell premium by hand.

Las Cruces, United States, September 29, 2026 /NewsNetwork/ -- ACondor has announced access to its automated options trading bot, which runs defined-risk premium-selling strategies in tastytrade accounts. The program is built for active retail options traders who already sell premium by hand and want their rules applied consistently.
Further details can be found at https://acondor.com/
The release comes as options trading continues to expand. The Options Clearing Corporation cleared 15.2 billion options contracts in 2025, a 24.4% increase over 2024, and traders increasingly incorporate automation into their overall strategy, notes the team at ACondor.
ACondor runs three core strategies, explains founder Robin Lilly. Its mechanical engine sells iron condors when implied volatility is elevated and no earnings report falls within the trade window. An earnings engine opens iron condors ahead of a company's report and closes them the next morning, while a volatility contraction engine trades short-dated positions after non-earnings volatility spikes.
New entries stop when the VIX reaches 35 and during Federal Reserve and consumer price index release windows. Per-account circuit breakers halt new entries after realized losses of $500 or 5% of net liquidating value in a day, or $1,500 or 10% in a week. These controls do not close existing positions, which continue under fixed exit rules.
Robin Lilly, a software architect who has traded options for more than 40 years, built ACondor to automate his own mechanical strategy.
"The bot does not have opinions. It does not get tired. It does not decide that this time the position is different," Lilly said. "It reads the rules, checks the gates, and acts. That is the entire point."
ACondor connects through tastytrade's OAuth API and can place and cancel options orders, but cannot withdraw or transfer funds. More information can be found at https://acondor.com/how-it-works
ACondor is software, not investment advice, and does not guarantee any financial outcome, Lilly notes. He also stresses the fact that if the software stops, open positions remain the user's responsibility. Neither ACondor LLC nor Lilly is a registered investment adviser. Options trading involves substantial risk of loss and past performance does not guarantee future results.
About ACondor
ACondor LLC, founded by Robin Lilly, develops and provides ACondor, an automated options trading platform for tastytrade accounts. Support for additional brokers is planned.
More information is available at https://acondor.com/faq
Contact Info:
Name: Robin Lilly
Email: Send Email
Organization: ACondor LLC
Address: 2521 North Main Street, Las Cruces Unit 1-276, Las Cruces, New Mexico 88001, United States
Phone: +1-575-312-9326
Website: https://acondor.com
Source: NewsNetwork
Release ID: 89204745
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