When you’re trading options, understanding your potential outcomes before entering a trade is crucial. That’s where Barchart’s Profit & Loss (P&L) Chart comes in.
In our latest video, we show you how to use this powerful visual tool to analyze the potential profit, loss, breakeven points, and even probability of profit — across different strategies like bull call spreads, iron condors, and straddles.
You’ll also see a clear breakdown of:
- Delta, Theta, Vega (The Greeks) - Understand how price movement, time decay, and changes in volatility affect your trade.
- Volatility Tab - Gauge current implied volatility levels to time entries for credit or debit strategies.
- Expected Move Tab - Visualize how far the stock could move during your trade — great for earnings plays or market events.
- Trend Tab - Confirm if momentum supports your trade idea using Barchart's Trend Seeker signals.
- Strategy Screeners - Filter trade setups by volume, open interest, breakeven, and more — for single or multi-leg strategies.
We even walk through how to navigate these tools to explore potential setups and where to go to learn more via the Options Learning Center.
Watch the full tutorial on YouTube »
Want to try it for yourself?
Search any stock > or Click the “Options” tab > Select a strategy, and then tap the chart icon next to the symbol to open the P&L chart.
