Options Strategy Builders

The Collar Strategy Builder and Covered Call Strategy Builder help you develop and test common options strategies. Using the previous day's closing prices, these tools allow you to test multiple scenarios and visualize the potential results immediately – no number crunching required! See How-To

How to use the strategy builders:

  1. Choose a strategy builder using the "Select a Strategy" drop-down menu.
  2. Type your stock or ETF symbol into the box at right.
  3. To set the expiration date, slide the strategy duration bar to desired date.
  4. Click the "Build… Strategy" button to display your potential results.
  5. For more details and an explanation of the results, click the "SHOW OPTION POSITIONS" and "HOW IT WORKS" buttons.

Feel free to use these tools to test as many possible strategies as you can imagine. Each strategy that you build has something to teach you about the exciting world of options.

See the User Guide for more information on using the strategy builders.

Note: The strategy builders' default settings should not be considered recommendations.

Strategy:

Disclaimer:

The Options Industry Council is providing the free Options Strategy Builders for educational purposes only. They are offered as aides to assist interested parties in learning about option strategies. This functionality is not designed to be used as the basis for any investment or risk management decisions. Options quotes are delayed and OIC makes no representation as to the timeliness, accuracy or validity of the information. This information should not be construed as a recommendation to purchase or sell a security, or to provide investment advice.