Ib Stop Loss

It calculates stop prices at a configurable loss threshold (default 40%), detects existing conditional orders to avoid duplicates, and places atomic combo orders that close both legs of a spread simultaneously. Dry-run by default, which is the right call for anything that cancels orphan orders. The early-warning alerts (at half your stop threshold) and short premium decay tracking are genuinely useful for active option portfolios. Requires TWS or IB Gateway running locally with API enabled. All the analytics live in testable functions separate from the broker calls, so you can verify the stop logic without connecting to IB.