Learning Centre · Options simulator

6. Ready-made strategies

Add a straddle, strangle, iron condor or spread in one click, with strikes picked by delta. · 0:46

Transcript

You don't have to build a strategy one leg at a time. Open the Strategy list, just above the option chain.

Pick one, like a short straddle. Both legs are added at once, at the right strike.

Strikes are picked by delta, so an iron condor, or a 0.25 delta strangle, lands on the right strikes for that day's volatility.

To trade more than one lot, set the number of lots here, before you add the strategy.

There are 36 ready-made strategies, from straddles and spreads to butterflies, calendars and covered calls.

Thank you for watching. Try it yourself, free, at algrow.biz.