{"id":8344,"date":"2021-10-29T19:27:00","date_gmt":"2021-10-29T23:27:00","guid":{"rendered":"https:\/\/ibkrcampus.eu\/trading-lessons\/introduction-to-option-tools\/"},"modified":"2023-12-13T17:14:22","modified_gmt":"2023-12-13T17:14:22","slug":"introduction-to-option-tools","status":"publish","type":"trading-lessons","link":"https:\/\/www.interactivebrokers.eu\/campus\/trading-lessons\/introduction-to-option-tools\/","title":{"rendered":"Introduction to Option Tools"},"content":{"rendered":"<p>Interactive Brokers Trader Workstation includes several option trading and analysis tools that are free of charge for our clients. Each lesson will focus on a specific option tool or screen from our Layout Library. We will walk you through examples on how to use the tools using a variety of option trades and strategies to illustrate practical trading scenarios.<\/p>\n<p>We\u2019ll access Option Chains in Mosaic explore the Strategy Builder and the Layout Library\u2019s preconfigured Option Trading Screen. We will take a deep dive into the Option Strategy Lab, Probability Lab, and the Performance Profile and show you how they can help in your analysis. We will also go into how to trade option volatility and use the Volatility Lab to assist you in researching both implied and historic volatility.<\/p>\n<p>Two of the more popular option trading tools are Option Write and Rollover tools. &nbsp;We will show you how to use them to manage your existing stock and option positions.<\/p>\n<p>Trader Workstation also offers market scanners that allow you to search underlyings for several option related activities. A few examples are: \u201cTop Option Implied Volatility % Gainers and Losers\u201d and \u201cMost Active by Option Volume\u201d.<\/p>\n<p>We will finish the option tools course with lessons on how the Risk Navigator \u201cWhat-if\u201d function can be used for options. They will show you how to Calculate Option Forward Prices for single options and option combinations and how to set alarms and alerts.<\/p>\n<p>By the end of this course, you will be familiar with several of the option tools available in the Trader Workstation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interactive Brokers Trader Workstation includes several option trading and analysis tools that are free of charge for our clients. This introduction will discuss the option tools that will be covered in the course.<\/p>\n","protected":false},"author":850,"featured_media":203598,"parent":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"contributors-categories":[149],"traders-academy":[101,103,105],"class_list":{"0":"post-8344","1":"trading-lessons","2":"type-trading-lessons","3":"status-publish","4":"has-post-thumbnail","6":"contributors-categories-interactive-brokers","7":"traders-academy-intermediate-trading","8":"traders-academy-level","9":"traders-academy-trading-lesson"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Archives | Traders&#039; Academy | IBKR Campus<\/title>\n<meta name=\"description\" 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