The Benefits

Auto-Close can provide an additional measure to avoid unexpected or adverse assignments.


OliveEnhance provides a way to free capital consumed by an outcome while achieving a better Internal Rate of Return (IRR) than the ceiling IRR if held to maturity.

What it Does

  1. Olive will automatically submit a closing order one day prior to expiration to avoid unexpected or adverse assignments.

  2. Olive will automatically submit a closing order each day that will fill if the realized Internal Rate of Return (IRR) exceeds 2x of the annualized ceiling at inception AND cash on cash profit is at least the higher of $10 or 25% of $ ceiling.

Can I deselect Auto Close/Enhance?

To disable these functions, deselect the checkbox prior to executing the order with Olive.

On expiration your broker will close the position or you may close the outcome manually. Results may depart from the original outcome as values are calculated based on holding the outcome to maturity.


NOTE - Outcomes executed manually via your broker will invalidate the monitoring capability of the outcome in Olive.

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