The Easy Way to Create Complex Strategies
Whether you're new to options or just want a simple method to explore strategies, the Options Wizard can help. Answer a few questions to define your forecast, and the wizard will find some common strategies that align with your projections.
Do you think the price of the stock will be moving up or going down? Or maybe you believe that volatility will affect the the price over the next few months. Whatever your opinion, answer some simple questions to input your forecast. This is the starting point to create Options Strategies based on your beliefs.
After clarifying your vision, the Options Wizard offers a list of potential strategies designed to benefit from the price/volatility forecast you defined. You can filter on the presented strategies using the dropdown at the top of the list. Filter by "Highest Probability of Profit," high or low priced strategies, debit or credit payments and more.
In addition to making options strategies easy, the Options Wizard is a great way to learn about multi-leg combos. Tap any of the suggested strategies for details like the Performance Profile and Probability of Profit. We even show you the minimum investment for each strategy. Or, use the "Learn" section below the strategy list to understand more about the popular strategies we've found for you.
After deciding on the strategy that best fits your predictions, tap Create Order on the strategy page. Modify order parameters like Quantity and Limit Price. When ready, simply slide to submit the order! You can find the Options Wizard in IBKR Mobile, Client Portal, GlobalTrader, and IMPACT.
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".
Your capital is at risk and your losses may exceed the value of your original investment.
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.
Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.
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