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Strategy Builder
Build any option strategy and see payoff, Greeks, POP and margin
About Strategy Builder
Build an option strategy leg by leg from the live chain, or start from a ready strategy. See the payoff at expiry and today (T+0), breakevens, maximum profit and loss, probability of profit, an estimated margin and the Greeks of the whole position.
How to use it
- Pick the symbol and the expiry.
- Add legs with B (buy) and S (sell), or pick a ready strategy.
- Check the payoff, breakevens and Greeks; change the lots or strikes and see it update.
Questions
Is the margin exact?
No. It is a rough estimate (premium paid for bought legs, and about 12% of the contract value for sold legs, less hedges). Your broker shows the exact margin before you place the order.
What is POP?
Probability of profit: the chance that the position makes money at expiry, worked out from today's implied volatility with a log-normal model. It is a guide, not a promise.
Is this data live?
Yes, in market hours (9:15 am to 3:30 pm on trading days) the numbers refresh every minute without reloading the page. After the close you see the last session, and you can pick any saved past day.
Is this advice to buy or sell?
No. These are tools to read the market. They do not tell you what to trade. Options can lose all their value quickly; trade only what you understand and can afford to lose.
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For learning and research only. This is not investment advice and does not suggest buying or selling any security. Data comes from the exchange through Upstox and can be delayed or wrong; check with your broker before you trade. Options and futures carry high risk.