Question 1

How do I build an options strategy on StrikeVue?

Accepted Answer

Select any stock or index from the underlying list, choose an expiry date, then either pick from 25+ preset strategies (iron condors, straddles, butterflies, spreads) or use the custom builder to add individual call/put legs. The payoff chart, Greeks, max profit/loss, and probability of profit update instantly.

Question 2

What is a payoff chart and how do I read it?

Accepted Answer

A payoff chart shows your strategy's profit or loss at every possible stock price at expiration. The X-axis is the underlying price, the Y-axis is P&L. Green areas show profit zones, red areas show loss zones. Breakeven points are where the line crosses zero.

Question 3

Is StrikeVue's options strategy builder free?

Accepted Answer

Yes, StrikeVue's strategy builder is 100% free with no login, no broker account, and no subscription required. All features including preset strategies, custom builder, payoff charts, Greeks, and probability of profit are available at no cost for all NSE stocks.

Question 4

What are Options Greeks and what do Delta, Theta, Vega, Gamma mean?

Accepted Answer

Options Greeks measure how an option's price changes with different factors. Delta measures sensitivity to underlying price movement. Gamma measures the rate of change of Delta. Theta measures time decay — how much value the option loses per day. Vega measures sensitivity to changes in implied volatility. StrikeVue shows aggregate Greeks for your entire multi-leg position.

Option Strategy Builder

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