Options Settings

The Options Settings are specifically designed for the options desk, allowing users to customize their options trading experience. To access the options settings:

1. Click on the Settings icon in the top-right corner of the platform.
2. In the settings pop-up, select Options Settings from the left-hand panel.

Available Customization Options

1. Choose Colors for Call and Put

   • Users can assign specific colors to Call and Put options to easily differentiate them visually on the platform.

2. Pricing Model

   • You can select the desired pricing model for options from the following choices:
     • Black-Scholes: A standard model used for pricing European-style options.
     • Black-Scholes 76: A variant of the Black-Scholes model that includes features like futures contracts.
     • Binary: For pricing binary options.

3. Paper Entry and Exit Based on LTP or BID/ASK

   • This setting allows you to choose how paper trades (simulated trades) are executed:
     • Based on LTP (Last Traded Price) or
     • Based on the Bid/Ask spread.

4. Payoff Charts

   • For payoff charts, you can configure the display to show:
     • Different standard deviations to reflect volatility.
     • The breakeven point to understand the profitability of an options strategy.

These settings allow traders to personalize their experience and optimize their options trading strategies using the platform.