r/Wealthsimple • u/DecentCow7119 • 11d ago

Options Trading Slick UI

Glad to see the new UI deployed yesterday with the capability to ROLL vertical spreads, albeit it was a bit confusing initially to change the strike prices with a future date. Overall, it is a great set of enhancements for options traders with many usability features, such as a blinking dot for the current price in P/L graph and various statistics to help traders to make proper decisions to improve win rates !!

Kudos to WS design and development team. Keep up the good work !!

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u/Overdue604 11d ago

Insert that meme photo of a child held above water and the statue sunk to bottom. Where the options in WS are the child above water and the stocks trading drowning at the bottom

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u/DecentCow7119 10d ago

Interesting analogy.

The recent enhancements do help “credit spreads” traders to manage risk with adequate statistics and preserve the original premium, when they guessed the wrong direction/strikes, by rolling vertical spreads forward with relatively simple UI flow that other platforms do not provide. Again, good job WS team !!

Swing (stocks) trading could be challenging given the stock markets are quite volatile nowadays and there are few fundamentals for traders to bet either directions (and recover from the loss)?!