Trade with more control over every strike, every leg, every trade.
Build your strategy your way. Choose your strikes, add or remove legs, and adjust every part of the trade. See your risk, margin, and key numbers update as you build, before you place the trade.
Trade with a preset strategy or start from scratch. Add your strikes and legs, then change them whenever you want.
Pick strikes directly from the live option chain and see liquidity for each strike before you build your trade.
Change the price and date to see how your strategy could perform across different scenarios before you place it.
See the maximum you can make or lose at expiry, with unlimited profit or loss clearly shown when applicable.
See the price where your strategy breaks even, along with the estimated chance of profit at expiry.
See the margin required for your strategy before you place the trade.
See Delta, Gamma, Vega, and Theta in simple dollar values, so you know how your position can change.
You know the strategy you want and want to choose your own strikes, build each leg, and control every part of the trade.
Not sure where to start? If you're new to options, start with Easy Options. When you're ready to build your own strategy, Strategy Builder is here.
A tool that lets you build your own options strategy. Choose a preset or pick your strikes and legs yourself, then see your risk, margin, break-even, and other key numbers update as you build.
A chart that shows how your strategy could make or lose money at different prices at expiry. You can also change the price and date to see how the position could change before expiry.
Start with presets such as spreads, straddles, strangles, iron condors, and butterflies, or build your own strategy from scratch.
The Greeks help you understand how your strategy could react to changes in price, volatility, and time. Use them to see how each leg affects the overall position as you build and adjust your trade.
Still have questions? Find more answers in the full FAQ.
Sign in, connect your exchange, and start building your strategy. Pick your strikes, adjust your legs, and trade today.
Go to Strategy BuilderOptions trading involves risk and may not be suitable for everyone. Nothing here is financial advice.