Use Option Wizard to Find Option Strategies

Learn how Option Wizard helps you identify options strategies based on your market outlook, then explore risk, Greeks, breakeven points, and potential outcomes. #Investing #OptionsStrategy #OptionsTrader #IBKR #tradingtools 0:00 Introducing Option Wizard 0:15 Matching a market view to an options strategy — Option Wizard starts with the trader’s outlook, such as bullish, bearish, or expecting volatility to rise. 0:36 Comparing strategy ideas — Strategies can be compared by probability of profit, aggressiveness, and cost. 0:49 Reviewing risk and payoff — Strategy details include profit/loss scenarios, breakeven points, payoff diagrams, risk exposure, Greeks, and margin requirements. 1:16 Moving from analysis to execution — Traders can proceed directly to placing a trade within the platform. Visit IBKR Campus: https://www.interactivebrokers.com/campus/?utm_ibsource=campusYT&utm_ibcampaign=campusYT Open an account at Interactive Brokers: https://ndcdyn.interactivebrokers.com/Universal/Application?utm_source=taYTAcc&utm_ibsource=taYTAcc Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by going to the following link ibkr.com/occ. Multiple leg strategies, including spreads, will incur multiple transaction costs.