Think or Swim

[NitroZ7]

Does anyone use this platform? I got it installed last week and was trying to analyze a covered call trade. Is there a way in paper money to analyze a hypothetical trade (i.e owning 100 shares of AMAT and then selling a call on them)? The way it is setup seems like you have to buy the shares and have them in the account for the program to recognize that you are not selling a naked call. I just want to analyze the trade itself as if I own 100 shares and then write a call on them.

[boneil]

Open up the "trade" tab, with "All Products". You get the options screen

From that screen you can make the order you want

- click, on ASK, order ticket will fill with Buy 100 shares of AMAT
-click on the button above stock symbol "+add simulated trades" THEN
-click on the "bid" price of the option you want to sell and the order ticket should fill with sell order

The order ticket should have both orders, then you can click on the buttons at top "Risk Profile" and "Probability Analysis"

[NitroZ7]

Open up the "trade" tab, with "All Products". You get the options screen

From that screen you can make the order you want

- click, on ASK, order ticket will fill with Buy 100 shares of AMAT
-click on the button above stock symbol "+add simulated trades" THEN
-click on the "bid" price of the option you want to sell and the order ticket should fill with sell order

The order ticket should have both orders, then you can click on the buttons at top "Risk Profile" and "Probability Analysis"