Start with an idea
Open Option Ideas. The page loads SPY by default so you're never staring at a blank spinner, or enter a ticker you want to explore.
Getting started
How to use Option Ideas
Option Ideas is an educational research tool. It turns a ticker's market data and option chain into comparable strategy examples—it does not place trades or provide personalized investment advice. New to options? Start with the tutorial first.
Read the market snapshot
Review the current price, market bias, RSI, short-term range, and volatility context before looking at any strategy.
Compare trade cards
Each card shows the strategy, its maximum profit and loss, probability estimate, capital requirement, and directional bias.
Open the detail
Expand a card to review the option legs, breakeven, Greeks, payoff chart, and the risks that could affect the trade.
Key terms
- One contract
- A standard U.S. equity option contract represents 100 shares.
- Strike price
- The agreed price at which shares may be bought or sold if the option is exercised.
- Expiration
- The last date the option contract is valid. After this date, it expires.
- Modeled data
- A calculated estimate shown only when live option quotes are unavailable.