Strikes away

The number of strikes away from at the money to select. By default, the first contract away from at the money will be selected. If you set Intrinsic value to In The Money, and set Strikes away to 2, then the second in the money contract will be selected. Your strikes away must be less than or equal to half your Strike count. For example, if your Strike count is set to 12, then you can select up to 6 strikes away because there will only be 6 contracts in the money and 6 out of the money.

When Allow signal override next to the option contract settings (or the global Allow signal overrides) is enabled, you can override the configured strikes away by providing the strikesAway field in the webhook payload.

{
    "ticker": "TSLA",
    "action": "buy",
    "strikesAway": 2
}