Custom Strategy

To create your own strategy or option combination, you will have to pick your own option series, the amount of options required

and wether these options are too be bought or sold.

Firstly find the relevant option serie and use the drop down list in the Buy/Sell column to select either Buy or Sell.

Then fill in the amount of options required for your strategy (the default value is 1, if you need another number change this).

Repeat this, for all the option series required.

When you are satisfied with the data for the option series you have selected press GO.

The computer will then calculate the profit/loss chart for this option combination and also show relevant additional data

like Delta, Gamma and Theta.

The profit/loss chart will show when your combination is in profit (when it is higher than the 0 line) and when it is as a loss (when

it is lower than the 0 line).

Four different time line will be used to show you what the profit/loss will be at four differenet time scales.

The profit/loss chart has been rotated 90 degrees from how a normal chart would be shown (with the profit/loss axis running along

the bottom of the chart). This has been done so that you can use the stock price chart and see at what stockprice the crossover

from loss to profit would occur.

This also shows you if your option combination profit/loss chart takes into consideration support/resistance points which can

be identified on the stock price chart.

You also have the possibility to adjust certain elements, in the What If section (below the profit loss chart).

This gives you the ability to see what would happen to the profit/loss chart if you changed one one or more of the elements.

I.e. if you changed the IV of one of you're selected option series, you would be able to see what impact this would have on your

profit.loss chart.

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