Pull a chain, or type the ticket.
Live stock and options, then 18/20% stops, technical cushion, and a delta target — ITM or OTM. Default size is one contract.
Scan
Pull the stock, then pick a contract by DTE and strike. 90–150d is preferred for holds; scalp 0DTE or a few days anytime. Cboe delayed — verify in Thinkorswim.
Enter a ticker and hit Chain. Hold starts in the 90–150 window; tap Scalp for 0DTE or a few days out.
Contract
Pref. 90–120 · 0DTE ok
Contracts
Market
From Scan or typed
Mid 24.50
Absolute · from chain or TOS
Want > 100
AAPL Call 210
1 contract · debit $2,450
Stops & target
18/20% are option-price stops. Technical starts at 19% of premium; target at +60%. Edit either stock cell — option, % of P, and P/L follow. Tightest dollar risk is 18% fixed.
| Level | Option | Stock | % of P | P/L | R:R |
|---|---|---|---|---|---|
18% fixedtightest | $20.09 | $224.35 | -18.0% | −$441 | 3.33R |
20% fixed | $19.60 | $223.72 | -20.0% | −$490 | 3.00R |
Technical cushion | $19.84 | $ | -19.0% | −$466 | 3.16R |
Delta target | $39.20 | $ | 60.0% | +$1,470 | — |
Calls: technical stock below price, resistance above. % of P is option change vs premium. Fixed stop is inside the technical level — the 18/20% option stop hits first on a pure delta move.
Delta path
Linear Δ approximation of option value vs stock. Marks: entry, 18% stock stop, technical, target.
Method
Absolute-delta approximation. Time decay ignored. Verify quotes and Greeks in Thinkorswim before sending.
- Calls
- OptionStop = P×(1−r)
StockStop = S − (P×r / Δ)
Technical = P + (TechStop−S)×Δ
Target = P + (Resist−S)×Δ - Puts
- OptionStop = P×(1−r)
StockStop = S + (P×r / Δ)
Technical = P − (TechStop−S)×Δ
Target = P + |Support−S|×Δ
Blotter
Saved tickets, scoped to your account. Recalc anytime if premium drifts to mid.
Sign in to keep tickets across sessions.