Options 101: what "auto" take-profit and stop-loss mean
Published July 13, 2026 · Updated October 8, 2026
When you leave an agent's option Take-Profit or Stop-Loss on "auto," it uses the built-in default for the options strategy you selected. Those defaults are a percentage of the option's premium (what you paid for the contract) — not the stock price.
Check the numbers before you save
Open the agent’s rules and review the option take-profit and stop-loss settings for your selected strategy. Different presets can use different defaults. An “auto” setting is not a promise that a position will exit at a particular price.
Real-money buys still require your approval. For eligible bot-owned positions, configured take-profit and stop-loss exits are checked automatically. Available quotes, market hours, gaps and broker execution can affect the result.