Options
Combining Options and Chart Signals in ways you haven’t seen before
gxTrader was designed to be a robust platform for trading, so when we added options to the program, we wanted to be able to observe the relationship between an options position and the symbol’s potential technical levels.*
By plotting the potential profit curves for the option position directly in the chart, you are able to visualize how the option position may be effected by the technical levels in the chart. This chart of Hewlett Packard Co (HPQ) shows the option’s profit levels for the position alongside the projected gap fill target, and support level loss stop.*
OptionFinder
OptionFinder scans the market and provides trading ideas for options positions based on the user’s sentiment. The user expresses this sentiment by placing a price target and stop loss level directly in the chart. OptionFinder then searches the enabled option’s strategies to find trading ideas that may match the trader’s sentiment.*
*The system attempts to recognize patterns for information purposes, however the pattern recognition software is not guaranteed to be accurate and is not a recommendation to buy or sell nor should it be the sole basis for placing a trade.
Advanced Options Tools
| Calendar Spreads |
Credit Spreads |
| Butterfly Spreads |
Debit Spreads |
| Condors |
Straddle and Strangles |
gxtrader offers many tools to help you refine you options trading techniques. Lab and Simulation mode allow you to practice with a simulated account on simulated options data. Additionally the engine lets you back-test automated options strategies and generate reports and portfolio simulations based on that data. Past Performance of strategies is not a guarantee of profits.