OptionWin - Financial portal dedicated to the Indian stock and index options. Largely covers option spread strategies and scans the market for trading opportunities.
2. OptionWin – Quick Start Guide
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Your Menu Options
Tips provided on
multiple pages
Streaming
business news
Intra-day Market
updates
3. Set Realistic Expectations
• OptionWin assumes that you have working knowledge of Options
and are aware of inherent risks of trading Options
• OptionWin displays delayed stock quotes. When initiating a trade
you may not get the prices that are displayed on the site
• Options in many securities are thinly traded or illiquid. Before
initiating a trade in these securities, consider the risks of not
getting the best price when closing the trade
• Brokerage fees (commissions + fees + taxes) can eat into your
profits. Factor in these costs before initiating a trade. Additionally,
choose the right broker for options trading
• An Option Lot size is the minimum quantity of options that are
required for a trade. Be aware of the Lot size for each security you
wish to trade
• DO NOT blindly rely only on OptionWin data and charts for your
trading. Recheck the prices with your broker before trading
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5. Stock Trade Ideas - Summary
When to use
• OptionWin Stock Trade Ideas work the best for
TRENDING Stocks – Bullish or Bearish Trends
• Avoid Stocks that are trading in a narrow range
• Get in when the Trend changes from
– Bullish to Bearish
– Bearish to Bullish
– Neutral to Bullish
– Neutral to Bearish
• Confirm Trend in the last 2 hours of the day to enter
the trade
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6. Strategies
Review all the Tabs
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Pick Trade Ideas
under “Stocks Only”
Pick a
Stock
Stock Analysis Grid
Scroll right to see
past results
Entry & Stop Loss
Prices
7. Strategies
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Analysis
Report Tab
Pick a
Stock
Review the details of Analysis
report for the stock for last 2
months (default)
10. Strategies
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Analysis Chart
Pick a
Stock
Optionwin Analysis chart is a better
way over traditional candlestick chart
to confirm the current trend
11. Strategies
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Pick a
Stock Stock Trend Changes: Identifies all the
Stocks that are changing to BULLISH or
BEARISH trend today. It is extremely useful
feature to catch a new trend
Click on Stock
Ticker to see
the detailed
Stock Analysis
Ability to sort on any column
Price Diff & % indicates how far the current
Stock price is from suggested entry price.
Try to enter when Price Diff is small.
13. Strategies - Summary
When to use
• You have a preference for a particular option strategy
– Defined risk /defined payoff
– Unlimited risk / defined payoff
– Defined risk / Unlimited payoff
• You want to scan for opportunities in the entire options market
• You want to limit your results by various filters:
– Option Volume
– Open Interest
– Delta’s, Implied Volatility
– Strike zone
– Etc.
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14. Strategies
Default result list can
show 100’s of candidates
Ability to sort on any
column
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19 out-of-the-box Strategies
15. Strategies – Help screen
Some commentary on
the Strategy
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16. Strategies – Custom Filters
Build custom filters
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Hover the mouse to
see more details
17. Strategies – Custom Filters
Start by creating a
Filter group
Then add multiple
search filters to this
group 17
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18. Strategies – Charting
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See Payoff charts and
underlying charts
Backtest the candidate
spread
19. Strategies – Charting (P&L)
Jun 10 Stock
Price (5068.3)
Breakeven point:
Stock has to be
below 5415.5 on or
before July 26 to
profit from trade
Adjust values to see
changes in Payoff
chart
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OptionWin uses Microsoft Silverlight technology for
charts. You will be prompted to install it the 1st time.
20. Strategies – Charting (Historical)
Jun 10 Stock
Price (5068.3)
Breakeven point:
Stock has to be
below 5415.5 on or
before July 26 to
profit from trade
July 26th –
Expiration
(Future date)
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The chart is expanded to Option expiration date. You can
visually look at the stock trend to see if it has the potential
to stay below the breakeven for this strategy
21. Strategies – Charting (Historical Overlay)
Analyze Spread
behavior vs. Stock price
Zoom in or out
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You can narrow or expand the historical timeframe.
Ability to view 2 indicators together (e.g. Stock Price & Option Spread Price)
23. Trade Ideas - Summary
When to use
• Explore trade opportunities for a particular
security (Stocks / Indices)
• You have a directional bias on a security
(Bullish, Bearish or Neutral)
• Compare Payoff’s (risks & returns) on
different option strategies
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24. Option Trade Ideas
Underlying
Security
Information
Option Strategy
based on your bias
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Pick the Stock you
are interested in
Select your directional bias
(Bullish, Bearish or Neutral)
Click on one of the Strategies
Under Options: Pick Trade
Ideas for Options
27. Random Strategy Builder - Summary
When to use
• Thorough understanding of options
• Use market prices to test your own strategies
(Stocks / Indices)
• Create multiple legs and view payoffs
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28. Strategy Builder
Create a
Strategy
Group
Add Option Legs
See the per Lot
Debit/Credit
See Payoff
Chart
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Under Options: Pick
Strategy Builder
30. Option Chain - Summary
When to use
• View all the listed option months and strikes
for a particular security
• Build an option strategy
“-1” means SELL “1” Lot, “1” means BUY
Lot multiples also allowed (e.g. -2, 1 for a Ratio Spread)
• Create multiple legs and view payoffs
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31. Option Chain
View Option
Chain & Select
Strike
Enter -1 to SELL or 1
to BUY in “Count”
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Pick a Stock and view the Options Chain
for Call & Puts for the 3 closest months
Under Options: Pick
Option Chain
32. Option Chain
Example: Put Calendar Spread with Strike Price of 5000
Short Month = July, Long Month = August
This Debit Spread will cost Rs. 1885 / LOT
Calendar Spread
SELL (-1) Jul 5000 PUT
BUY (1) Aug 5000 PUT
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Build your own multi-legged
strategy and view the Payoff
34. Unusual Activity - Summary
When to use
• Use daily to reveal unusual patterns
• Identify stocks whose last days option volume
has exceeded last 60 day average option
volume
• Identify stocks whose last days Options
Implied Volatility (IV) has exceeded last 60
day average option IV
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35. Unusual Volume Activity
LT – 60 day avg PUT Vol = 2402
Jun 8 PUT Vol = 6849 or 185% higher
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Identify any unusually high options volume activity.
This could signal some company event / news that
you may want to participate in.
36. Unusual Implied Volatility Activity
JUBLFO – 60 day avg CALL IV = 28.63
Jun 8 CALL IV = 54.19 or 89% higher
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Identify any unusually high options Implied Volatility
change. This could signal some company event /
news that you may want to participate in.
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Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)
Summarize presentation content by restating the important points from the lessons.What do you want the audience to remember when they leave your presentation?Save your presentation to a video for easy distribution (To create a video, click the File tab, and then click Share. Under File Types, click Create a Video.)