KEY
TAKEAWAYS
- OptionsPlay now integrates together with your StockCharts ChartLists.
- Deal with solely probably the most promising setups tailor-made to your directional bias and danger tolerance.
- Make quicker, smarter, and customized buying and selling selections with the OptionsPlay Add-On.
In the event you’ve been exploring methods to take your choices buying and selling to the following stage, the OptionsPlay Add-On for StockCharts is the one most impactful improve you may make. And now, it is even higher.
Courtesy of a giant and highly-anticipated replace, the Technique Heart inside the OptionsPlay Add-On now runs immediately on your ChartLists—permitting you to find optimum Lined Calls, Quick Places, Debit and Credit score Spreads, and Iron Condors on the shares you observe or scan for. This new function turns OptionsPlay into a totally customized technique engine, delivering the choices concepts you want, while you want them.
What Makes the OptionsPlay Add-On So Highly effective?
Whether or not you are a newbie on the lookout for guided commerce setups or a seasoned choices dealer managing a number of methods, the OptionsPlay Add-On brings you three core benefits:
1. Commerce the Highest Potential Setups.
Each record of shares is analyzed in actual time to establish the very best yielding technique—whether or not income-oriented like a Lined Name or directional like a Debit Unfold—full with technique scores, max acquire/loss, break-even factors, and likelihood of success, so you might be solely buying and selling the very best potential setups.
2. Discover New Concepts & Generate Concepts out of your Lists.
Up till now, customers have relied on day by day commerce concepts curated by the OptionsPlay staff. These are nonetheless accessible—and nonetheless fairly useful. However now, you’ll be able to apply the identical technique engine to your personal ChartLists: your holdings, your watchlists, and your scans.
This implies you’ll be able to:
- Establish the highest-yielding Lined Calls on the shares you personal
- Commerce the best-scoring methods on the technical breakouts you are monitoring
- Receives a commission the biggest reductions to purchase the shares you like with Quick Places
All ranked—robotically.
3. Absolutely Customized to You.
You may customise your choices methods for:
- Most well-liked Possibility Technique & Outlook
- Days to expiration
- Strike Choice
- Threat tolerance
With one click on, OptionsPlay surfaces solely the trades that suit your profile in beneath two seconds, so you may make selections quicker and with full confidence.
Why the ChartList Integration Adjustments The whole lot
Your ChartLists symbolize your analysis, your insights, and your buying and selling edge. Now, as an alternative of scanning for the perfect choices methods on our record of concepts, you’ll be able to apply them on to the shares you’ve got chosen to observe.
That is particularly highly effective if you happen to:
- Handle a long-term portfolio and wish to generate revenue
- Actively commerce sectors, earnings setups, or technical breakouts
- Desire scanning based mostly on technical standards earlier than trying on the choices chain
With this new integration, you’ll be able to:
- Launch the Technique Heart
- Choose Any ChartList
- Immediately see top-ranked methods for every inventory
- Customise based mostly in your preferences
- Analyze and commerce instantly
Professional Tip – Maximize StockCharts & OptionsPlay Scanning
- Create a Technical Scan utilizing StockChart’s Superior Scan Workbench
- Save your Scan Outcomes to a ChartList or Schedule your Scan to switch your ChartList
- Open the OptionsPlay Technique Heart
- Choose Your ChartList and see the perfect choices methods in your Scan Outcomes
- Commerce your greatest technical setups with the very best yielding choices methods
Last Ideas
OptionsPlay was already a robust companion for choices merchants on StockCharts. However this newest replace transforms it into one thing much more useful—a customized buying and selling assistant that works with your present workflow.
Whether or not you are buying and selling for revenue, development, or hedging danger, the OptionsPlay Add-On offers you the construction, confidence, and effectivity to behave decisively.
Add the OptionsPlay Add-On to your StockCharts account right this momentand unlock the ability of strategy-driven buying and selling in your phrases.
Tony Zhang is the Chief Strategist at OptionsPlay.com, the place he has assembled an agile staff of builders, designers, and quants to create the OptionsPlay product suite for buying and selling and evaluation. He has additionally developed and managed most of the agency’s partnerships extending from the Choices Trade Council, Nasdaq, Montreal Trade, Merrill, Constancy, Schwab, and Raymond James. As a confirmed thought chief and contributor on CNBC’s Choices Motion present, Tony shares concepts on utilizing choices to leverage acquire whereas lowering danger.
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