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The Open Position screen was re-designed to include the newly added Alpha and EV values to the page as well as color-coded profit, max profit, and max loss probabilities. The new layout is much easier to quickly scan and gives you all the critical data on your potential trade from one place.
But that’s not all. You’ve asked for a more accurate way to measure the position’s reward/risk profile, so the final price now connects to the max profit and max loss. As shown below, the profit, loss, and probability values change when you change the price, letting you adjust and target the exact setup that you're comfortable with trading.
Important Note: Changing the position’s legs and/or final price can significantly impact the probabilities and expected value for a trade. We encourage you to test this out for yourself and see how the math and probabilities shift with minor changes. If you do, we promise you'll see a boost in your confidence and understanding of how your new trade might work out.
Finally, all the stats and data updates automatically every five seconds to calculate pricing and probabilities so you can rely on live market data to drive your decisions. This means you don't ever have to worry about not feeling confident about the information you have before opening a position.
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