Position Charts helps you perform what-if option strategy scenarios and position risk analysis. Before you ever make a trade, a Position Chart allows you to make a complete examination of any option position or combination of option positions (at any price of the underlying asset, on any date in the future, at any volatility). Position Charts can also display the effects of time and volatility on your positions, and give a detailed graph of all of the Greek risk measures.

You can take any position in the OptionStation Analysis window and easily create a Position Chart for it. You can use Position Charts to determine what to expect at a certain target price of the underlying asset, or you can graphically view the probable maximum profit and breakeven points. Another unique feature called Chart Values gives you the exact dollar value (down to the cent) of your option and its volatility at any point on a chart.

A second chart can simultaneously display the risk of each position using one of five Greeks: Delta, Gamma, Theta, Vega and Rho. Each Greek value represents the risk associated with some change in the price, time value or volatility of an options position. You can select any one of these Greeks to be displayed underneath your existing or hypothetical Position Chart.

Option Position Charts can be created to show profit and loss based on changes in underlying asset price, volatility, or time to expiration. In addition to showing position profits or option values, charts can display the values for the Greek risk measures: Delta, Gamma, Theta, Vega, and Rho. You can compare one position on different days or multiple positions on the same day; now with unlimited plot values on each chart, the possibilities are endless. A real-time position value indication, shows you where your position is at right now, and you can read chart values directly off the chart with just a mouse click.