New Option Spread Trading Pit

As of January 2023…

StockTrak is happy to announce the NEW Options Spread Trading page that allows students to easily construct twenty-one different 2, 3, and 4 legged option spread trades.

You can access the Options Spread Trading by selecting “Options” under the “Portfolio Simulation” menu.

Once you are on the Options Trading Page, click on the Option drop-down menu and select “Options Spreads”

Once “Option Spreads” is selected, the order page (see below) will appear. On this screen, students enter the stock ticker symbol and then select from the drop-down menu which of the 21 option spread strategies they want to trade.

Here are the 21 Option Spread Trades

1.  Covered Call
2. Covered Put
3. Married Call
4. Married Put
5. Bear Call
6. Bull Call
7. Bear Put
8. Bull Put
9. Long Straddle
10. Short Straddle
11. Long Strangle
12. Short Strangle
13. Longer Butterfly Call
14. Short Butterfly Call
15. Longer Butterfly Put
16. Short Butterfly Put
17. Collar
18. Long Condor Call
19. Long Condor Put
20. Short Condor Call
21. Short Condor Put

Here are some examples of the option spreads strategies that StockTrak offers:

1. Covered Call

When the student selects “Covered Call”, he/she will see the following description and payoff diagram.

Then after entering a stock ticker symbol like AMZN, selecting “Covered Call” and choosing the expiration date, they will see this screen for them to verify the 2 legs of the trade and the estimated cost…

2. Bull call spread

When the student selects “Bull Call”, he/she will see the following description and payoff diagram.

Then after entering a stock ticker symbol like AMZN, selecting “Bull Call” and choosing the expiration date, they will see this screen for them to verify the 2 legs of the trade and the estimated cost…

3. Iron Condor

Those are just some of the 21 option spread trades. If you want a full demo, please email sales @ stocktrak.com that you want a demo of the Option Spreads.