Profit/Loss Graphs

Any position entered in the Options Chain (Calls+Puts, Calls or Puts) will automatically display a profit/loss risk graph.  The P/L Graph shows the Trade Profile Performance from the current day.

You can compare up to three (3) positions on one graph by utilizing the Camera Icons.  Once you complete one trade scenario, click the first camera then click ‘New’.  Structure your second trade scenario, click on the second camera.   To add a third scenario, click new to structure an additional trade.  The graphs will overlay.

Use SNAP to Backtest Positions

The Snapshot feature is also available with Backtesting.

  1. Click ‘Backtest’ on the Option Table
  2. Set up position
  3. Click one of the camera icons: 
  4. Repeat the first step using the Rolling Icons to adjust the initial position to a new scenario:
  5.  Click the 2nd camera icon & repeat the above steps for the last comparison.
  6.  Select the ‘Analyze Date’ using the Date Picker (Calendar) or “EXP” to analyze the position on Expiration Date. 

Trading from Options Page & Strategy Templates

Structure and analyze any options position.  When ready, click “Trade” to create and submit an Order Ticket.

Comparing trades with Snap?   

Simply choose the structure you want then select “Trade” to send it to the Order Ticket.

Trading multi-leg positions is easier than ever!

Working Orders Displayed on Chart

Charts display working orders and existing positions of selected brokerage accounts, currently Choice Trade and TD Ameritrade.  More brokerages will be forthcoming.

  • Stocks show a horizontal  line at the entry price.
  • Options show a horizontal  line at the strike price.
  • Green for Long and Red for Short.

The group of 4 icons, located above the Working Order,  allow you to Edit (Gear), Hide(Eye) Refresh (Circle arrows) or Remove (X).

Display choices including colors and  line width are available in settings by clicking the “Gear” Icon.

Options Chain Analysis

The Option Chain pages offers a 3-D analysis comparing expiration dates by selected criteria.

Click on “Chain Analysis” to display the graph.

Use the drop-down boxes to view the tables by Implied Volatility, Volume, Open Interest, Price, Extrinsic Value, Delta or Intrinsic Value.

Toggle the view by using the clickable legend to select the Expiration Dates to view.