Options trading on the Pro platform

Learn how to use the ‘Options’ feature in our Pro platform. Easily implement different strategies while creating your options contract.

The 'Options Finder' feature within the Invest Pro Trading Platform can be accessed from the context menu of any product, where it appears at the bottom of the list

Accessing the Options Finder

Open the 'Products' context menu anywhere in the platform. Scroll to the bottom of the list and select 'Options Finder'.

Filter Row (Top Section)

• Select product: choose the product you want to analyze and pick the option strategy you want to explore (e.g., long call, long condor).

• Expiry settings: select how many expiry dates to display. Choose between American and European options and set the number of strike prices shown per expiry.

Underlying Price Details (Second Section)

This function displays important data like: underlying price and performance, last bid and offer prices, dividend yield and valuation volatility. Editing dividend yield or volatility will update theoretical option values shown.

Options Details by Expiry (Main Section)

Each expiry date can be expanded or collapsed and shows all option contracts for that expiry with: last price, theoretical value and current bid, offer, and volume.

Selecting and Building an Option Strategy

Select basic contracts such as long or call. For more advanced strategies (depending on your account), choose from options such as 'Long Call Condor'.

The 'Options Finder' will display the required option contracts to complete the strategy. Use the checkboxes to track which contracts you have added.

As you add contracts, checkboxes will disappear once that contract’s part of the strategy is complete.

Placing the Trade

Once your strategy is complete, click 'Trade' or 'Give' button.

This opens the 'Order Ticket', where you will see:

Underlying security details at the top and your selected contracts below. The summary including margin requirements, fees, and estimated total cost.

Using Analytics and Depth Tools

Click the depth icon next to each contract to view market depth and click the analytics button to open a 'Strategy Payoff Diagram', showing:

• Net debit or credit;

• Maximum profit and loss potential;

• The Greeks (delta, gamma, theta, etc.).

Parameters like volatility, risk-free rate can be updated , and dividend yield to see updated Greeks.

Experimenting with Strategy

You can remove individual option contracts from the strategy and instantly see how the payoff diagram changes:

Expand the payoff chart and hover over it to see profit/loss at different underlying prices.

Finalizing the Trade

When satisfied, click 'Place Order'. The order will be executed through the platform.

For further assistance, a variety of support tools are available on our site: help is available through the Client Service Team via phone, live chat or email.