Option Strategy Builder
What is Option Strategy Builder
Option strategy builder is an option strategy tool which is made by IntradayScreener, to help you build option strategies for any stock. The Intradayscreener website provides a free option strategy builder tool that is integrated with your stock broker to place orders.
How to use Option Strategy Builder?
To utilize Option strategy builder, go to the symbol dropdown and select a symbol such as Nifty 50, Bank Nifty, and individual stocks such as Tata Power, Adani Ports, etc.,
After choosing a symbol, you must choose Expiry Date and then click the Add/Edit Strategy button.
A popup will appear when you click the button, with an option chain that allows you to buy or sell strikes and to select the lot size as well.
After you've finished creating your options trading strategy, click the Buy option to buy the basket you created. You can also use the save/load button to save or load saved strategies respectively.
How to use Ready Made Option Strategy Build
A ready-made option strategy builder is also available On the intradayscreener website, if you want to use it then you need to select symbol and expiry from the dropdown. Option strategy builder can be used to build any vertical spread( same expiry). You can use the below ready-made option trading strategies.
- Long Call
- Short Put
- Bull Call Spread
- Bear Put Spread
- Call Ratio Spread
- Long Put
Comments
Post a Comment