LearnStrategy matcher
Say what you think the stock and its volatility will do. Every strategy in the library is priced under that view: what it makes if you are right, and what it costs if you are wrong.
New to options? The strategy finder starts from how you would like to trade instead.
Ranked by the “if right” column alone. Read the other two beside it. Priced with Black-Scholes on a theoretical $100 stock, one contract: 25% implied volatility, or 30% at the open settling to 25% if you expect it to fall, and 20% at the open climbing to 25% if you expect it to rise, so a seller collects more going into a fall and a buyer pays more; a 2% interest rate, no dividends, no skew. A view of up to 30 days uses the strategy pages' 30-day contracts; a 60 or 90-day view is priced on contracts that long, held to expiry, so those figures differ from the pages' examples, with the same volatility at every length. Each option is repriced in full at the new price, days left and volatility rather than estimated from its Greeks; a row’s tooltip carries the position’s Greeks at the open. Real options carry skew, so read these as the shape of each trade under your view: arithmetic on your assumptions, not advice about what to trade.
Track these in Restrike Each strategy you run, scored on its own across every brokerage you connect. Read-only: it never places a trade.