Everything you achieve and lose in the world of the stock market comes back to one point: your strategy. Your returns are only as good as your strategy. So, the question is, how to build a solid strategy? It takes painstaking research and long hours of studious work. But we have simplified it for you! Curious? Read on.
What is the Builder Tool?
Alice Blue’s 1lyOptions application comes with an innovative strategy builder. It is a comprehensive tool designed for creating and executing options trading strategies. It allows users to build custom strategies for F&O (Futures & Options). There are two main types of strategy-building options:
A fully customisable strategy builder and a selection of pre-built strategies. It allows users to create custom options and strategies.
Select from pre-built ones, such as Buy Call, Bull Call Spread, Bear Put Spread, etc.
That’s right! You no longer need to crack your head to build a solid strategy. We have got you covered. Tell us your financial goals and get the strategy tailored in minutes.
How to Create Custom Strategies
- Option chain: The end user can select the desired expiration and add it to the basket by selecting buy or sell.
- Auto find: The end user can select the LTP or Delta or Theta, Gamma or Vega and enter the value, respectively, and the system itself finds the instrument accordingly.
- By selecting manually: The end user can set the expiry, strike price, quantity and price manually.
What are Pre-Built Strategies
It is a comprehensive tool designed for creating and executing options trading strategies. It allows users to build custom strategies for equity, two main types of strategy-building options: a fully customisable strategy builder and a selection of pre-built strategies.
Advantages of Pre-Built Strategies
- Faster Implementation: Pre-built strategies save time as they come ready to deploy, reducing the need for extensive research, planning, and development.
- Tested Approaches: Many pre-built strategies are based on best practices or have been tried and tested in similar scenarios, providing confidence in their effectiveness.
- Reduced Risk: Using a strategy with a track record minimises the likelihood of failure compared to starting from scratch.
Conclusion
Trading is about diligence, research and patience. The more data you have, the more informed your decisions will be. Remember, the stock market is always subject to fluctuations. Stay aligned with your investment strategy and financial goals.
Alice Blue does not intend to influence any trading decisions. The content provided is solely for educational purposes.
Open an account with Alice Blue (https://ant.aliceblueonline.com/) and get free access to 1lyOptions—no need to create multiple accounts. 
