Explore TradeStation’s OptionStation® Pro
Our advanced options platform, OptionStation® Pro, offers advanced tools for analyzing, placing, and managing options positions. The platform’s intuitive interface allows traders to select options directly from the options tab, providing a comprehensive view of all available options across various expirations for the underlying security. By clicking on bid or ask prices, traders can quickly populate the order ticket and initiate trades.
Utilize special trading features
One of OptionStation® Pro’s standout features is its ability to visualize potential profits and losses. When selecting an option, green and red vertical lines appear next to strike prices, indicating where the underlying security price needs to move for the option to profit or incur a loss. This visual representation helps traders assess the potential profitability of a position and determine optimal entry and exit points. The platform also allows for easy creation of complex multi-leg strategies, such as bull put spreads or iron condors, by simply holding the control key and selecting additional options.
Customize and organize your options workspace
Managing open positions is streamlined through the positions panel, where traders can view all orders and filter them based on status. The platform offers flexibility in modifying orders, adding stop losses, and even merging or splitting legs of spread positions. For stock positions, traders can quickly access the option chain and create covered call positions with ease. Overall, OptionStation® Pro’s robust toolset caters to various trading styles, making it a valuable resource for both novice and experienced options traders.
Getting started
To learn more, our QuickStart series comprehensive tutorials on some of the advanced features of the TradeStation desktop platform.
Ready to get started? Explore options with TradeStation.
* Visit www.TradeStation.com/Awards to learn more.
Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience.
See www.TradeStation.com/DisclosureOptions. Visit www.TradeStation.com/Pricing for full details on the costs and fees associated with options.
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