You can find the Strategy builder in the Options Hub by tapping on the ‘Strategy’ tab. Here you will learn about a wide variety of option strategies, ranging from long calls and puts to straddles and spreads.
Option strategies can be divided into four categories:
Fundamentals including Long Call, Long Put, Covered Call, and Cash-secured Put
Straddles & Strangles including Long Straddle and Long Stangle
Vertical Spreads including Call Debit Spread, Call Credit Spread, Put Debit Spread, and Put Credit Spread
Calendar Spreads including Long Call Calendar Spread and Long Put Calendar Spread
You can learn about each strategy by toggling ‘Education mode’ on via the question mark toggle next to each category name. From here, you can watch videos about each strategy and/or read about the strategy in our Options Education Hub.
Can I filter the Strategies based on my outlook?
At the top of the page, you will see a series of icons. Tapping on each will filter the potential strategies for that respective outlook. For example, if you tap the green up arrow, you will filter to only bullish strategies since you expect the price of the underlying asset will go up.
What are the Strategy charts?
When you open the Strategy tab, you will see a visual chart under strategy. These charts are included to help you understand the profit / losses of each strategy. The blue dots illustrate where the breakeven point falls for each strategy.
How can I use the Strategy builder to place an order?
Before you enter a position, you can plan and build a wide range of options trading strategies, from single-leg to complex multi-leg strategies. For the strategies that Public currently offers, tapping the strategy card will take you to an ‘Explore’ tab filtered on that strategy, sorted by market volume. Learn more about the ‘Explore’ tab.
For further questions contact Member Support via in-app chat or email at support@public.com.
Options carry significant risk and are not suitable for all investors. Options investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk. There are additional costs associated with option strategies that call for multiple purchases and sales of options. Supporting documentation for any claims will be furnished upon request. Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options,” which can be found at: public.com/ODD. See full terms of the Options Order Flow Rebate Program at public.com/disclosures/rebate-terms. Rebate rates are subject to change for new and existing enrollees.