Strategy Finder
Option trading can be overwhelming. You may wonder whether to buy or sell, or if hedging with strategies is better. There are numerous strategies available, making it hard to choose the right one for specific conditions. That's where Optionlogy's Strategy Finder comes in. It simplifies the process, making it easier to find the right strategies in live market.
How to use the Strategy Finder
Step 1
Login to your Optionlogy account, or sign up if you’re a new user; and go to All Tools > Strategy Finder
You will see a prompt like this one:
Step 2
Select your symbol and expiry
Step 3
Enter your market conditions- whether you’re bullish, bearish or neutral
Step 4 (optional)
Enter your risk reward ratio and acceptable probability of profit
Step 5
Click on “Find all Matching Strategies” and you’re done!
You get the best strategies that fit your entered conditions.
Now you can trade them directly. Hover over the strategy you like and select “Use Strategy”, which will take you to the Strategy Builder. Here you can look at it in more detail including the positions within this strategy, it’s payoff, stats and greeks. This is the next step in your trading journey, and you can read more about this in the next section.
What does “Best Strategy” mean?
The Strategies are arranged acccording to a modified edge criteria created by Optionlogy. In layman terms, that means that the Strategy Finder finds the strategies with the best balance of probability of profit and risk-reward ratio that also fit your entered conditions.