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Maximizing options tools in Active Trader Pro®

Overview

In this course you will learn how to use the robust options analysis tools available on the Active Trader Pro PlatformsSM to generate and validate trading ideas. You will also learn how to use the option trading tickets to execute your single and multi-leg option trades.

Objectives

When you complete this course, you will:

  • Use the Probability Calculator and Profit & Loss calculators to gauge the likelihood of success for existing positions, as well as potential trading ideas
  • Find new income generation opportunities using the Strategy Ideas tool that can help evaluate covered call option strategies
  • Leverage our intuitive trading tickets to enter single or multi-leg options orders with built-in logic designed to simplify your trade entry process
Course Outline
Title Type Highlight
1. Probability analysis in Active Trader Pro® Video
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Informative for both equity and option traders, the Probability Calculator can help to determine the probability of an underlying equity or index trading above, below, or between certain price targets on a specified date.

Informative for both equity and option traders, the Probability Calculator can help to determine the... More
2. Using Strategy Ideas in Active Trader Pro® to find covered calls Video
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The Strategy Ideas tool can be a great way to help find opportunities to generate income and validate actionable trading ideas.

The Strategy Ideas tool can be a great way to help find opportunities to generate income and... More
3. Analyzing option statistics in Active Trader Pro® Video
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Quickly analyze trading opportunities and patterns using Options Statistics - see historical and implied volatility, call/put ratios, and trade breakdown, provided in a concise format.

Quickly analyze trading opportunities and patterns using Options Statistics - see historical and... More
4. Using the Active Trader Pro® options profit & loss calculator Video
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Advanced decision making with the Profit/Loss Calculator - chart and calculate the profit and loss potential of your existing positions or to evaluate option trades before you place them.

Advanced decision making with the Profit/Loss Calculator - chart and calculate the profit and loss... More
5. Trading options in Active Trader Pro® Video
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Learn how to execute your single and multi-leg trades using one of the dynamic tickets. Depending on the ticket you use, take advantage of unique features; for example, view depth of market on the Directed Trade ticket or stage and save up to 50 orders using the Multi-Trade ticket.

Learn how to execute your single and multi-leg trades using one of the dynamic tickets. Depending on... More