Similarly, slide the strike selector to view all available strikes. For complex strategies, you can also add another expiration. Slide the expiration selector to view all expiration dates. (If you are searching for a futures option, add a slash before the symbol, such as /ES) 3.
Once selected, you will see the current price of the stock and the available options. To choose a stock, type the symbol or company name to search it. This small chart shows how the stock price, represented by the X axis, affects the profit and loss, represented by the Y axis. Hover over a strategy to read a short description about it and to view the profit and loss shape. Choose a strategyįrom any page you can use the menu to view the 50+ pre-made strategies. OptionStrat's strategy builder is used to find the potential profit and loss at various prices, as well as show how your trade is affected by implied volatility, time decay, and other factors. When trading options, it's important to understand the characteristics of your options strategy.
