Can Option Contract Selected in Option Chain be Automatically Moved to Option Risk Analysis Window?

[Doug Hayman]

Hey guys,

Starting to play with Options in MT a bit.   I like what I see so far.  A couple of Questions please:

Question 1: If I select (highlight) a particular option contract in the Option Chain screen, I don't see a mechanism to automatically send that option contract to the Option Risk Analysis screen, short of entering it anew via the Add Option button.   There is no Symbol Link Group functionality in the Option Risk Analysis screen, or any sort of Right-mouse function on the Option Chain screen to accommodate a quick transfer.   Am I missing something or is there a rationale for having to enter anew via the Add Option button?

Question 2: Unrelated to Q1, any thoughts on displaying a preview screen (a la ToS) before executing an options trade, that shows the trade's Max Profit, Max Loss, Break-Even Price, Buying Power Effect, etc., prior to hitting the Buy/Sell button?

Thanks in advance.

[Jerry Medved]

you can drag/drop contracts from the option chain window - Drag the little gray area on the left side of each row.

[Doug Hayman]

Thank you, that definitely works.  Any thoughts on Q2, or should I just post as a request?

[Jerry Medved]

that is more relevant to multi-leg orders.

[Doug Hayman]

Right.   I see that multi-leg not yet supported.  Thanks.

[Doug Hayman]

Additional question please:

Why does the Option RIsk Analysis window not have a Symbol Link Group option?  I would like to to see the Root Symbol associated with my Option Chain window be reflected in the Option Risk Analysis window automatically.   As it stands, I have to re-type the symbol in the Option Risk Analysis window.

[Jerry Medved]

ORA window is not tied to 1 symbol. It is multiple. It isn't as simple as just switching one underlying.

[Doug Hayman]

Thanks Jerry, but doesn't ORA provide an analysis for one (or many) option trade(s) on just ONE underlying stock at a time?

[Jerry Medved]

yes, but if underlying is automatically changed, we really can't change the option symbols automatically as well.

[Doug Hayman]

Yeah, I wasn't thinking of the option symbols changing with the underlying in this regard, more just the topline symbol in ORA, which would effectively clear out any underlying option symbols that were currently being displayed.