Options trading is easy to those of us who’ve gotten used to its intricacies, but it can be difficult to grasp for novice traders. This is especially evident when we’re dealing with vertical spreads, condors, and other more advanced trading strategies. One common issue I faced when learning to trade options was visualizing how my trades could go.
For context, just take a look at an options chain - it's all numbers on a screen. Profit and loss charts make trade visualization easier and give you relevant trade information you can use for your choices.
