| We recommend that you review or study sections 1 through 10 prior to starting this section. These sections discuss the primary functionality of PremiereTrade® AI. This section will deal strictly with the displays that are unique to options. As we encounter sections that are used in both options and other sections of the software we will direct you to where a detailed explanation of the application can be found.
Opening Screen
|
| Fig 1. Main Option Screen |
This is the screen that first appears when the  section is selected. The next portion of this tutorial
will instruct you on the various features of the options
module.
Option
Strategy Selection
|
| Fig 2. Option Strategy
Selection |
This is where you select the options strategy that you are considering for a trade. The selected strategy will display in red.
Use the  to view additional strategies.
To move the display order of the strategies place your cursor over any strategy button and right click. Select the Add/Remove Strategies button.
|
| Fig 3. Add/Remove Strategies Button |
Here you can add, remove and arrange the position of any strategy on the list.
|
| Fig 4. Edit Strategy List |
Expiration
Date Selection
|
| Fig 5. Expiration Date Selection |
This section allows you to select the DTE (days to expiration) that you are considering. Only the months with options available for the selected stock will display in the dropdown menu.
Strategies that use only one expiration date are displayed as in section A. Strategies that use two expiration dates are displayed as in section B.
The terms Long and Short in section B refer to the buying and selling of options in a calendar spread. The reference is to whether the option will be bought (Long) or sold (Short), and not the length of time that the option position is planned to be held open.
Option
Chain
This section displays various strike prices and other strategy-related data available for the month and strategy selected.
Scroll
Bars
Example A allows you to scroll vertically and allows you to display additional strike prices, if available. Example B allows you to scroll horizontally and allows you to display additional information on the strike price selected.
Price
Display
The yellow bar indicates the current price of the stock and will display where it falls within the option chains.
Option
Chains
When Trade Desk, Support & Resistance, JDfn, or Money Management have been selected from within the Options section, pressing the  button will return the display to the options chains.
Quick Reference Bar
|
| Fig 10. Quick Reference Bar |
For information regarding
this area, see Section 3 - Edit Stocklist.
Maximize Button
Pressing this button will remove the  information and show all of the information on the option chains. Pressing the button again will return the screen to its original configuration.
Maximized Display
|
| Fig 12. Maximized Display |
This is a display of the maximized options chain screen.
Changing Symbol and Trading Timeframe Intervals
|
| Fig 13. Changing Symbol and Trading
Timeframe Intervals |
For detailed instructions on the use of this section, see Section 2 - The Main Screen Overview.
Trade Desk Button
|
| Fig 14. Trade Desk Button |
Selecting this feature will take you to the trade desk.
For information on using the Trade Desk, see Section 6 - Trade Desk.
JDfn® - James Dicks Financial Network
|
| Fig 15. James Dicks Financial Network |
Selecting this feature will take you to the JDfn® window. For information on using JDfn®, see Section 8 - JDfn®.
AI Wizard™
|
| Fig 16. |
For information on using the Trade Wizard, refer to Section 4 - .
Quote Window
See Section 5 - Scrolling Information
for an explanation of this section.
Data Connection
Indicator
|
| Fig 18. Data Connection Indicator |
See Section 2 - Data Connection Indicator for an explanation of this feature. |
