tastyworks adds risk analysis tool to help traders better manage risk in their positions
Traders can now view exposure to determine their risk/reward equation for their positions; Calculate the likely risk of option trades
CHICAGO–(BUSINESS WIRE)–#futures trading—tasty worksthe online broker created by traders to empower retail investors, has expanded its robust risk management functionality allowing active traders to analyze and better manage the estimated risk in their trading positions. options, futures and stock trading on one platform.
The risk analysis tool allows traders to analyze profit or loss based on a percentage up or down and generates risk charts for all positions and queued orders in a easy-to-follow format. The new feature determines the potential gains and losses possible at different price levels, volatility levels and future dates in real time using current market price inputs. Traders also have the ability to apply their own market stress test and monitor their option expiry risk.
“Our platform was built by traders for traders and we remain focused on creating a dynamic experience, with better tools and methods to help traders understand and evolve their trading strategies. Understanding the risks by clients is a critical part of this strategy,” said Scott Sheridan, CEO of Tasty Works. “Having a deep understanding of risk impacts a trader’s likelihood of success and influences an eventual decision to trade a certain number of uncorrelated or correlated products With better visualization of risk and option pricing patterns, traders can also make more informed decisions with multiple risk conditions or scenarios.
The risk analysis feature allows traders to adjust the underlying price and implied volatility of options, calculating the theoretical option price and theoretical gains and losses based on the chosen hypothetical percentage movement in the security under -lying. Traders can also map “what-if scenarios” by adjusting the price movements and individual implied volatility of their positions to better calculate the risk of each symbol and the aggregate risk of their entire position.
For more information on the enhanced risk management feature, visit tastyworks Support.
About tasty labors
tastyworks is an award-winning brokerage founded in 2017 to lead a financial revolution and change the way people invest. Part of the tastytrade, Inc. ecosystem, tastyworks empowers investors who want to actively manage their own money with a powerful platform and access to educational development for options, futures, crypto and commodity trading. shares. tastytrade, Inc. is a subsidiary of IG Group Holdings plc (LON:IGG) a global fintech company that provides its award-winning products, platforms and access to more than 19,000 financial markets to investors around the world. For more information, visit www.tastyworks.com.
“Options involve risk and are not suitable for all investors. Please read Characteristics and risks of standardized options before investing in options.
Francois Del Valle
Influence Consulting Group