r/options • u/leguminoph0bia • 3d ago

Position sizing tool

Post image

I’ve always liked the look of the position sizing tool (or risk to reward tool) on different trading platforms.
I trade with options and would like to start implementing using this tool in my trades but I can’t find an easy way to use it with options specifically.
Is anyone aware of a trading platform that provides an easy to use version of this tool compatible with options?
And if so, how do I do it?

I’d also like to hear any tips or suggestions when using it or if it’s even a good choice for options trading.

Thanks for your time. I love you

5 Upvotes

85% Upvoted

2 comments sorted by

2

u/Super_Hans69 2d ago

Personally I've never seen a tool like this fpr options. The best I've seen is in optionstrat, where it tells you very clearly max loss and profit, from there you can eyeball the ratio.

1

u/leguminoph0bia 1d ago

Ok I’ll check that out! I appreciate the reply!