tradeLAB™ - Spectral Analysis
Analyze option strategies visually with Spectral Analysis
Get a vision of what your option strategy´s profit areas look like today, at expiration, and every day in between with Spectral Analysis. Spectral Analysis is a patent pending technology that is a part of tradeLAB™, an analytic tool set exclusively available to tradeMONSTER customers.
See Your Trades Like Never Before
Get a vision of what your option trade´s profit areas look like today, at expiration, and every day in between. Should you wait and go for the dark green? Or take profits in a bigger area, where there´s more safety? Or toggle volatility and see how your profit areas expand or shrink? How will the trade move in and out of profitable states as time passes?
All these questions are answerable using tradeMONSTER´s new Spectral Analysis. It´s part of the tradeLAB™ tool set and is exclusively available to tradeMONSTER customers.
Greater Discipline, Less Effort
One of the most effective, but often overlooked, trading disciplines is planning a course of action if the underlying goes up, down or sideways. But many traders overlook the planning. Now you can visualize how your position behaves along various paths the underlying may take. You can even draw paths and trendlines right on the Spectral Map.
You can also play out what-if scenarios by adjusting volatility. And clicking any point on the Spectral Map yields a "Spectral Slice" analysis of that price-time point, including probabilities, a risk profile chart and Greek metrics.
You Can Take a Highly Strategic Approach
Spectral Analysis gives you powerful and rapid insight into questions an expert trading strategist will want to answer about every trade:
- Is my strategy appropriate given my outlook on the underlying?
- Am I giving myself several ways to win the trade, or just one?
- What are the safest profit opportunities in the trade?
- What are the biggest profit opportunities in the trade on a particular day?
- Where are the "danger" areas?
- How will volatility impact the size and shape of payoff areas?
- How will the trade move in and out of profitable states as time passes?
With Spectral Analysis you are using the power of pictures to save time and get more immediate insight into how to best manage your trades.
You can begin using Spectral Analysis and all of our other innovative trading tools when you open a tradeMONSTER account.
"Your website is fantastic! You have raised the bar enormously."
- John M.
"Thanks for the streaming charts...we asked for it...and you guys actually provided it."
- K.A. Daley
Your customer service is the best I´ve used in a while!"
- Maggie K.S.
"I definitely like the capability of making a custom spread,
which I think is good for those
who are committed to options trading and have a good knowledge of options trading."
- David K.
"I love the speed!"
- Tom V.
"The best thing about your site
is the ease of setting up spreads, and the graphs on the order ticket. I´ve not seen the graphs anywhere else. It´s a great tool and makes your site worth using"
- John M.
"I am very with happy with
the services. Your most recent additions to the site are also
quite helpful. I am truly impressed. Keep it up!"
- John S.
"I have been trading option-spreads for seven years and have just started using your paper-trade site. It is as if the blinders are off and I can see the market during a trade."
- Robert B.
"I love the new spectral analysis tools! I especially like being able to adjust a trade and then analyze the effect the adjustment will have on the possible outcomes."
- Dawn W.
"Always appreciate your great customer service and easy to
use order platform. I always recommend tradeMONSTER to all of my trading colleagues."
- Mike A.