What is a good tool for options trading?

NEGI RK Thursday, January 21, 2021

What is a good tool for options trading?

If you have not tried Sensibull yet, you have to! It is the best in class options trading platform in India, and there is nothing remotely comparable as of now.

Here is a summary

If you are a complete beginner to options you can trade options by just saying if the market is up down or neutral - EasyOptions By Sensibull
We provide you free advice in Sensibull Free Advice
You can set price alerts on Whatsapp here
You can do Virtual Trading of futures and options without real money - PaperTrading by Sensibull
A dedicated futures and options screener for spotting the best F&O trades - Option Screener
If you have a view, we tell you which is the best option strategy to trade that view with - Option Strategies Wizard
Track your positions, help you do a scenario analysis of your trades
Create custom strategies to trade your view and visualize the P&L - Options Strategy Builder
We make it easy to get a view based on Option Chain, Open Interest Analysis, FII data, using volume, OI, IV, IVP etc
We help you understand options with our free education section so that you can make the best choices for yourself
We help you understand and forecast your P&L when your view goes right and wrong - Above link as well as this page - Call or Put Analyzer

Let us go in depth

Imagine you are new to options.

What if you could just say market is Up, down, or neutral, and get a view for that? That is Easy Options! As simple as that!

Second scenario: You think that NIFTY is not going to go below 10300. Or SBI is going to stay between 270 and 330. But you are not sure which option or strategy to trade to maximize your return. Buy call? Sell Put? Call Spread? Which strike and expiry?

Wouldn’t it be lovely if you could tell a platform your prediction in plain English, and the platform gives you the most profitable Options Strategies for you to trade? What if these strategies come with a limited maximum loss, so that you can control the risks you take, and sleep in peace?

Wouldn’t it be great if the same platform could warn you of upcoming events which can affect your trade, like an RBI policy or a GDP data release, or SBI’s results?

Finally, what if you could track your options or strategies in the same platform, see the max profit, max loss, etc, visualize your options P&L at various levels of the stock using simple, beautiful graphs, like this?