Best Option Strategies For ThinkOrSwim

[lostcoastsurf]

I'm brand new to options, wanted to start learning how to day trade options on a smaller time frames. Would there be a way to post a label on the chart showing the break even line or price for your current open options position? How about the profit/loss? Thanks if it's obvious, or even if it's not, did a search and couldn't come up with anything.

 

[CashMoney]

@lostcoastsurf I am not aware of any way to extrapolate and transpose the EntryPrice() of an Option onto the underlying Stocks chart... We don't have access to portfolio trade data... The correlation between the underlying and option is fairly complex and you don't buy the option at a specific underlying price, the transaction takes place totally separately... I run charts for both the stock and the option during trades, along with Active Trader for the option...

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Would you be able share the link to the chart? Thanks

 

[rad14733]

will you b able to share your TOS scalping workspace ??

I'll have to check and see if I still have that layout from 3+ years ago as I have switched to a newer setup... I'll check this evening to see if I can figure out the name of that layout...

Edited to add: I no longer have that specific scalping layout... I use several different layouts these days...

Would you be able share the link to the chart? Thanks

As stated above, I no longer have that chart setup... If I can find the time I could potentially recreate it and post the link... No guarantee but will try if I get some spare time...