Options for Profits (Pro)

Too often, traders jump into the options game with little or no understanding of how many options strategies are available to limit their risk and maximize return. With a little bit of effort, however, traders can learn how to take advantage of the flexibility and full power of options as a trading vehicle.

Options for Profits app is designed to take the guesswork out of planning your next options trade. There is no need to try to figure out the complex calculations of options trading. Unsure where to find the options contracts expiration? Don't worry, they are provided for you. Simply fill in the company trading symbol, choose your strategy, select the options expiration date and hit calculate. You will see your potential gain and loss in tabular and graphic formats which can be viewed as a percentage (%) or in dollars ($).

Take the risk out of options trading by using Options for Profits!

Calculations include:

Basic Options: Covered Call, Long Call, Long Put, Naked Call, Naked Put
Spread Options: Call Spread, Put Spread, Calendar Spread
Advanced Options: Butterfly, Diagonal, Iron Condor, Strangle, Collar, Double Diagonal, Straddle