Risk Management Software for Options Trading

Discussion in 'Trading Software' started by kam123, Aug 15, 2020.

  1. kam123

    kam123

    I find that every broker I have tried lacks in the department when it comes to risk management.

    I'm looking for a software or new broker that has software that will display your open option spreads, the max loss and max gain, and different scenarios like what the p&l could look like when the underlying goes down 3%...5% etc.

    I want to see the maximum value at risk at any one time and how close an option spread is being tested.


    Like say you have a put credit spread and the underlying is only $5 from your strike instead of $7 from an hour ago and I want to see that displayed visually

    Thank you
     
  2. newwurldmn

    newwurldmn

    Do it excel yourself.

    you will learn a lot more.

    you can be a lot more flexible in your assumptions
     
    eternaldelight likes this.
  3. taowave

    taowave

    IB and TOS does much of what you ask.

    If you want to have each strategy broken down as opposed to an aggregate,you may want to look at Optionnet Explorer.Ihaven't used it,but it appears you can scroll thru your positions with graphs on real time..

    They have a trial