Strategy Customization
Strategy Customization enables users to customize each legs (up-to 5 legs) of a strategy.
Take the following steps for strategy customization:
Enable Customization Mode
- Select "Customization" in the dropdown of "Strategy:" select control.
- If the legs table is not visible, click the icon at the right side of "Strategy:" to show legs table.
Configure Each Legs
A strategy leg could be buying/selling an option, or buying/sealling an underlying asset (e.g, Stock).
Option Settings
- A: Action. could be "Call" or "Put"
- N: Quantity in shares (note: not in ontracts). Possitive mean "Buying/Long". Nagative mean "Selling/Short"
- K: Strike Price.
- T: Days to Expiration.
Stock Settings
- A: Action. Could be "Stock" only
- N: Quantity in shares.
- K: Ignored.
- T: Ignored.
Apply the Customized Configuration
Click the ⛭ icon to apply customized configurations.
NOTE: Other than the legs configurations, the strategy settings will be applied also such as Stock Price, Risk-Free Rate, etc.