Trade Ideas now include enhanced functionality to help you find the exact trades you want. You now have expanded filters when sorting. You can still rank ideas by the probability of profit, but many traders wanted the ability to filter by max profit and max loss, so we’ve added two new columns to rank trades:
- Probability of profit
- Probability of max profit
- Probability of max loss
The probability of profit automatically calculates the probability that the position will expire above or below the break-even price and make at least $1. The probability of max profit calculates the probability that the options will expire out-of-the-money. The probability of max loss calculates the probability that both will expire in-the-money. Probabilities are calculated every minute.
You can customize each of the three columns to include multiple probability ranges for complete control.
We’ve also added dozens of additional ticker symbols to Trade Ideas. Plus, you can type in stocks and ETFs to quickly include or exclude symbols to refine your search even more.