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Advanced
Option-Graph features
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Name,
Save, and Load any Position
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- Don't waste time reentering the same information over and over.
Save current positions, past positions, paper trade positions, trade
ideas, etc. Any position can include detailed comments with any information
you want to track or record. |
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Templates
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Fast access to most common strategies. Just put the current stock
price and IV in the Master Row, load a template, and the strategy
will base itself on actual market conditions. Update or change any
leg as necessary. Over 110 strategy templates included. You can make
any or all of them "favorites" and access them with one
click from the main screen. |
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Master
Row
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Save time by entering all common position details once, for example
the stock price and entry date. All leg rows change to the same, but
can then be changed individually where needed. |
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Click
to Include or Exclude legs
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Set up any trade, then include or exclude legs from the graph with
a single click, without reentering any leg information. For example,
set up an Iron Butterfly, then examine the parts as a short straddle,
a strangle, a bear call, or a bull put with just a few clicks. Easily
check which part(s) of any trade represent the real risk or reward. |
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Click
to Reverse
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A single click graphs the reverse of any trade. Instantly check the
graph as if you were taking the other side of your trades: buying
calls you are selling, selling puts you are buying, and so on. |
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Any
Entry Date
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Graph historical trades and what-if's. Check how much you might have
made or lost from that hot stock on the earnings date, with any strategy
you want. Adjust most trades by entering more legs on a date after
the first entry. |
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Any
Strike Price
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Use any strike price available in the market. Intervals of $1, $2.50,
$5, it doesn't matter. |
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Any
Expiration Date
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Graph any kind of calendar or diagonal type trade. Use quarterly expirations
or any other expiration. Expiration cycles are NOT enforced - you
know what you're trading, right? Why waste time switching between
expiration cycles? |
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Auto
Expiration Dates
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Just click + or - buttons to get to the next or previous expiration
date. No more looking up dates. (Third Friday expirations only.) |
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Any
Number of Contracts
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Each leg can have the same or different number of contracts. Graph
any ratio. |
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Any
IV
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Each leg can have its own IV setting, to match actual IV in the market. |
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Any
Check Date
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Graph any date between entry and exit to show theoretical trade progress.
Use the readout feature for detailed information about the trade on
that date. |
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Any
Check Date IV
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Each leg can have its own Check Date IV setting, to match your expectations
for a higher or lower IV in the future. |
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Record
Gains Taken
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For covered calls or any other income strategy, keep a running total
of gains taken and save it with the position. Include the gains in
the graph or not, as you wish. Can also be used for including slippage
and commission amounts in trade records. |
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Auto
Options Calculator
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Enter all information for any option except the IV, and the IV will
automatically calculate. (Can find the IV of your past trades for
instance.) Enter all information except the option price, and the
option price will calculate. |
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Auto
Breakeven Points
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Expiration breakeven points are automatically calculated and shown
on the graph. |
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Auto
Percent to Double
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When graphing any position with a debit entry, you can choose to display
a "percent to double" line on the graph for help in determining
how likely the double may be. Stock price and percent of stock movement
at the double line are shown on the graph. |
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Debit
or Credit at a Glance
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Any leg that takes money out of your account has the value highlighted
in red. Any leg that puts money into your account has the value highlighted
in green. The Master Row shows the overall position debit or credit
with the same colors. |
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The
Greeks
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The Greeks are automatically calculated for each option in a leg.
The position total of each Greek is shown in the Master Row. If you
wish, adjust your trades to be Delta-Neutral at entry (using any ratio
of options and/or stock). Know in advance your exposure to volatility
and time decay. |
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Readout
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Click anywhere in the graph for a readout of theoretical option prices
and position totals, on any date between entry and expiration. |
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Print
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Print any graph, complete with your comments and detailed entry information,
and a full readout of option prices, leg values, and overall gain
or loss at any stock price, at any date between entry and expiration. |
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Include
Stock
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Any position can include stock from the entry, or add stock for adjustments. |
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Support
and Resistance
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Graphs can include a tinted-color "likely price range" using
standard deviations or percents. Standard deviations are based on
the stock price at entry and the IV. |
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Zoom
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Any graph can be "zoomed in" to examine action near the
current stock price, or "zoomed out" to check potential
gains or losses at higher and lower stock prices. |
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35 day free trial with no payment up front. Subscribe only after you
are satisfied. |
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Software
Support Included
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Free upgrades to the latest version are included in the yearly subscription.
Upgrades do not extend the subscription period. |
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Future
Version requests
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Your input is always welcome. If you need certain features or have
ideas that would make your option trading easier or more successful,
please let us know. |