Launched this week
OptionQuill
Your options trades. Finally organized.
13 followers
Your options trades. Finally organized.
13 followers
An options trade software that tracks multi-leg strategies as single trades. See P&L by iron condor, wheel, and spread — not by individual contract.
Tracking P&L by strategy instead of individual contracts is a really useful angle that most brokers miss. One feature that would help me as a user would be letting me assign custom P&L targets and risk thresholds per strategy, so I can get alerts before a trade breaches my plan instead of just reacting after the fact.
Would love to see a quick "what-if" slider for adjusting the underlying price so I can visualize where my breakevens land before expiration. That would make planning adjustments way faster than entering hypothetical orders.
Really like how it groups legs together, that view alone makes it worth checking out. One thing though, it would be awesome if you could add a margin impact column next to each multi-leg trade so you can see exactly how much buying power each strategy is tying up at any given moment.
Would love to see a built-in risk graph for each multi-leg position so I can visualize max profit and loss before expiration. Right now the P&L breakdown by strategy is great, but having the actual payoff curve right there would make adjusting strikes way easier.
honestly this looks super useful, multi-leg tracking has been a pain for me forever. one thing that would be great is adding a way to log the reasoning or thesis behind each trade when you enter it, so when you review later you can see why you set up the condor or spread that way. basically a notes field tied to the position. would make the analytics way more meaningful when you look back at what worked.
The way it groups multi-leg strategies into a single tracked trade is genuinely clever. Finally, P&L that actually reflects how you traded instead of making you mentally stitch four contracts together every time.
Finally tried it yesterday on my iron condors and the grouped P&L view just makes sense, way easier than summing each leg by hand.