Set Price Alerts on Option Spreads
To get an alert when a spread price crosses a level, click the cell on any Quintal Mind sheet and choose Create Alert. Alerts are checked on the server against live values and fire as an in-app pop-up and, if you link it, a Telegram message.
| Tools | Alerts and Telegram, Working with cells, Intraday charts (spot price alerts) |
| Instruments | Cells on the index and MCX sheets (butterfly, ratio, custom butterfly, pulse, combo, four-leg ratio, MCX pulse, MCX options arbitrage, MCX calendar and cross spreads); lowest straddle; index spot |
| When it updates | Checked continuously on the server during market hours, whether or not a tab is open |
| Open it | quintalmind.com/alerts |
Steps
- Sign in with your broker and open Sheets.
- Click the spread cell you want to watch and choose Create Alert. The dialog shows the cell and its buy, sell, call or put side.
- Pick Strike Specific to watch that exact contract, or ATM Based to keep the same distance from ATM (at-the-money) as spot moves.
- Choose Falls below or Rises above and enter a level. Tap the Live value to use the current price.
- Optionally click + Add lowest straddle condition. Both conditions must then be true together.
- Tick One-shot to pause the alert after it fires once, or leave it off for a recurring alert, then save.
- Link Telegram: open your Profile, then Telegram alerts, click Connect Telegram, tap Start in the bot and use Send test message to check it.
- Open quintalmind.com/alerts to Pause, Resume, Reset or Delete alerts, or Reset All.
For an index spot level, use the Price alert tool on an index candle chart instead. Click above the current price for a cross above, or below it for a cross below, and drag the line to move the level.
What to look at
- Alert cards. Each shows its status (active, triggered or paused), its conditions with the live cell value next to each, One-shot or Recurring, when it last fired and how many times.
- Three checks in a row. A condition must hold on three checks in a row before the alert fires, so a single stray tick does not trigger it.
- Recurring alerts wait a cooldown before firing again.
- Expiry roll. When an expiry rolls over, alerts on that symbol's old series are removed.
- The pop-up. A fired alert appears at the bottom right with its name and what crossed, with a short chime. The speaker button mutes the chime.
Related
- Alerts and Telegram: every alert option and the Telegram switches.
- Working with cells: the cell popup where alerts start.
- Intraday charts: where spot price alerts are drawn.
FAQ
How do I set a price alert on a Nifty option spread?
Click the spread cell on the Quintal Mind Sheets page, choose Create Alert, pick Falls below or Rises above, enter a level and save. The alert fires when that spread price crosses your level.
Can I get option spread alerts on Telegram?
Yes. In your Profile, open Telegram alerts, click Connect Telegram and tap Start in the Quintal Mind bot. Fired price alerts are then sent to that chat as well as shown in the app.
Do alerts fire when Quintal Mind is closed?
Yes. Alerts are checked on the server during market hours, whether or not a Quintal Mind tab is open. Link Telegram to receive them away from the app.
Quintal Mind shows market data and analytics for information only. Nothing here is investment advice, and Quintal Mind does not place orders.