Options Expansion
The Options Expansion for Farsight: Essential for Options Trading Beginners
The Options Expansion for Farsight is indispensable for anyone new to options trading. It utilizes Farsight's Market Phase and Implied Volatility analysis to generate the optimal Options Trading Strategy for your chosen chart time frame. This approach ensures that Implied Volatility Options Pricing works in your favor, protecting you from IV Crush, where a lack of volatility rapidly decays the value of your option.
Package Includes:
- Farsight Alpha Options Addon
- Farsight Beta Options Addon
- IV Crush Lower
- IV Crush Upper
- Oracle Options Addon
Who Is It For?
Advanced Options Strategies for All Traders
This tool is designed for traders looking to implement more advanced options strategies, such as selling options premium. These strategies often work best on larger time frames, allowing time for options to decay in value and earn a credit. Even advanced traders can benefit from this add-on, as it ensures you are using optimized strategies and expirations to maximize market gains.
Enhance your trading with advanced, optimized options strategies and achieve greater market success.
What Does It Do?
Optimize Your Options Trading with Our Advanced Add-On
This add-on enhances your chart with a label at the top, dynamically generating recommendations for Buy Call, Buy Put, Sell Call, Sell Put, or Straddle/Strangle/Condor based on current market conditions, guiding you to the best option strategy. It also suggests considering NADEX Binary Options (Nadex.com) for your trades.
Additionally, it includes a custom IV Crush Tool that displays a graph at the bottom of the chart, marking Implied Volatility extremes. This feature helps you make informed options strategy decisions by highlighting when volatility is at its highest or lowest.
Maximize your trading efficiency with these powerful tools and make clearer, more strategic options trading decisions.
Note:
Chart Labels are not supported on the ThinkOrSwim mobile platform, so this add on ONLY WORKS ON DESKTOP.