How To Analyze Your Options Bots Trades
Analyze your Autotrader options trades easily with the Options Trading Toolbox. Connect your account, track P&L, and make smarter decisions.
If you’re trading options, one of the biggest challenges is keeping track of all your trades and understanding how they are performing over time. It can get overwhelming to analyze every trade manually and figure out how changes in the market affect your positions. That’s where the Options Trading Toolbox comes in.
In this guide, we’ll show you exactly how to connect your Autotrader account, view your trades, and use the Profit and Loss Visualizer to make smarter, data-driven trading decisions. By the end of this article, you’ll be able to see your trades clearly and understand all the key metrics that matter.
Getting Started with the Options Trading Toolbox
Creating Your Free Account
The first step is simple: you need to create a free account on the Options Trading Toolbox. Once you’re signed up, you’ll have access to all the tools that the platform offers.
- Go to the Options Trading Toolbox website.
- Click the sign-up button and fill in your details.
- Once your account is created, log in and access your Profile Settings.
This profile settings area is where you’ll connect your Autotrader account and manage other integrations.
Connecting Your Autotrader Account
After creating your account, the next step is to link your Autotrader account:
- Scroll down in your profile settings to the Options Autotrader Connection section.
- Click the gold button to connect your account.
- If your account is active and connected, you’ll see the option to Revoke Access, confirming the connection is working.
Once your Autotrader account is linked, you’re ready to start analyzing trades seamlessly inside the toolbox.
Analyzing Your Trades
Accessing the Profit and Loss Visualizer
After connecting your account, the main tool you’ll use is the Profit and Loss (P&L) Visualizer. Here’s how to access it:
- Open the Profit and Loss Visualizer inside the toolbox.
- You’ll see a new button labeled Analyze OAT Trades.
- Click it to open a popup that displays all your current live trades.
This popup shows trades from both paper accounts and live accounts, giving you full visibility over your active positions.
Supported Accounts
It’s important to note the types of accounts supported by this tool:
- Included: Paper accounts and live options accounts.
- Excluded: Futures accounts. The toolbox does not track futures or futures options.
This means you can focus on all your options trades without worrying about unsupported account types.
Viewing Trade Details
Once your trades are displayed, you can dive deep into each one. The visualizer preloads all the key details, such as:
- Expiration dates
- Strike prices
- Quantity of contracts
- Entered credit or debit for the trade
Additionally, the visualizer provides a P&L table that tracks your trades over time. You can adjust the table to see how:
- Volatility impacts the trade
- Risk-free rate affects potential outcomes
- Theta decay influences position value
All the metrics you need to make informed decisions are right inside the toolbox, making it easy to track and adjust your strategies.
Benefits of Integration
The seamless integration between Autotrader and the Options Trading Toolbox offers several advantages:
- Quick Access: Instantly view all live trades without switching platforms.
- Full Metrics: Analyze credit spreads, expirations, P&L, volatility, and more.
- Better Decisions: Understanding trade performance over time allows for smarter adjustments.
- Efficiency: No more manual calculations or switching between accounts to gather data.
This integration transforms a complex, time-consuming process into a streamlined workflow.
Additional Resources
The Options Trading Toolbox also provides helpful resources to support your trading:
- Free Tools: Explore other free features available on the platform.
- Help Desk: Access guides, FAQs, and tutorials to troubleshoot or learn more.
- Feedback & Bug Reports: Submit questions or issues to ensure the platform meets your needs.
Using these resources ensures you get the most out of your toolbox experience.
Analyzing your options trades doesn’t have to be complicated. By creating a free account, connecting your Autotrader, and using the Profit and Loss Visualizer, you can easily monitor all your trades and see exactly how they perform over time. This setup provides full transparency, supports better decision-making, and saves you hours of manual work.
Recommendation: Connect your Autotrader account today and start using the visualizer to track every trade. Even if you’re a beginner, the toolbox makes understanding options simple and straightforward.