TradingView has introduced a new platform with an options strategy builder designed to enhance the trading experience of its users. Dubbed TradingView
Options, this new tool promises to transform how traders approach strategy modeling
with unparalleled flexibility and depth.
According to the press release, TradingView Options
allows users to model option spreads. On the platform, traders can select from
a comprehensive handbook of standard strategies categorized by type: bullish,
bearish, or neutral. The tool updates the risk profile graph as you switch
between strategies, providing a visual representation of potential outcomes.
Traders can adjust key parameters like expiration
dates, strike prices, and contract numbers directly on the chart. For those who
need more than standard strategies, the tool offers the flexibility to create
custom strategies. By clicking the “Create” button, users can name and build
their strategies, which then appear on the chart’s left side for easy access
and management.
The strategy builder allows for extensive
customization, enabling traders to add multiple positions to any custom
strategy. Prices, strike sizes, and expiration dates can be modified to align
with specific trading goals. Additionally, traders can compare multiple
strategies on a single chart. This feature is particularly useful for analyzing
performance differences by duplicating a strategy, adjusting its parameters,
and plotting both versions side by side.
Contracts from Major Exchanges
Besides strategy building, TradingView Options
provides access to raw option quotes and metrics like volatility and Greeks
through the Chain and Volatility tabs. This data is crucial for understanding
market dynamics and assessing potential risks. The tool supports option
contracts from major exchanges, including CME, NYMEX, COMEX, CBOT, NSE, and
BSE, with plans for further expansion.
Symbol Search feature enables users to switch the
options underlying assets, integrating TradingView Options into the broader
TradingView ecosystem. This integration ensures that traders have all the tools
they need within a single platform, enhancing efficiency and ease of use.
Recently, TradingView partnered with UK-based brokerage Spreadex to offer spread betting directly from its charting platform,
expanding trading options for its users. This integration allows TradingView
users, logged into their Spreadex accounts, to seamlessly access spread betting
functionalities directly from the TradingView interface.
Spread betting enables traders to speculate on the
price movements of financial instruments without owning the actual assets. The
profit or loss depends on the accuracy of the bet and the market movement’s
size. In the UK, this form of trading is particularly advantageous as it is
exempt from stamp duty and capital gains tax.
TradingView has introduced a new platform with an options strategy builder designed to enhance the trading experience of its users. Dubbed TradingView
Options, this new tool promises to transform how traders approach strategy modeling
with unparalleled flexibility and depth.
According to the press release, TradingView Options
allows users to model option spreads. On the platform, traders can select from
a comprehensive handbook of standard strategies categorized by type: bullish,
bearish, or neutral. The tool updates the risk profile graph as you switch
between strategies, providing a visual representation of potential outcomes.
Traders can adjust key parameters like expiration
dates, strike prices, and contract numbers directly on the chart. For those who
need more than standard strategies, the tool offers the flexibility to create
custom strategies. By clicking the “Create” button, users can name and build
their strategies, which then appear on the chart’s left side for easy access
and management.
The strategy builder allows for extensive
customization, enabling traders to add multiple positions to any custom
strategy. Prices, strike sizes, and expiration dates can be modified to align
with specific trading goals. Additionally, traders can compare multiple
strategies on a single chart. This feature is particularly useful for analyzing
performance differences by duplicating a strategy, adjusting its parameters,
and plotting both versions side by side.
Contracts from Major Exchanges
Besides strategy building, TradingView Options
provides access to raw option quotes and metrics like volatility and Greeks
through the Chain and Volatility tabs. This data is crucial for understanding
market dynamics and assessing potential risks. The tool supports option
contracts from major exchanges, including CME, NYMEX, COMEX, CBOT, NSE, and
BSE, with plans for further expansion.
Symbol Search feature enables users to switch the
options underlying assets, integrating TradingView Options into the broader
TradingView ecosystem. This integration ensures that traders have all the tools
they need within a single platform, enhancing efficiency and ease of use.
Recently, TradingView partnered with UK-based brokerage Spreadex to offer spread betting directly from its charting platform,
expanding trading options for its users. This integration allows TradingView
users, logged into their Spreadex accounts, to seamlessly access spread betting
functionalities directly from the TradingView interface.
Spread betting enables traders to speculate on the
price movements of financial instruments without owning the actual assets. The
profit or loss depends on the accuracy of the bet and the market movement’s
size. In the UK, this form of trading is particularly advantageous as it is
exempt from stamp duty and capital gains tax.
