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globe-pointerGetting Started

Create your account and build your first bot within minutes.

This knowledge base explains how to use our trading bots and understand the options concepts behind them. Our goal is to keep things simple, transparent, and risk-aware.

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Before you begin

  • Have an approved brokerage account with options permissions that match your strategy (basic options vs. spreads).

  • Only trade with risk capital (money you can afford to lose). Options carry significant risk.

  • Know your account type: cash accounts usually can’t trade spreads; margin accounts can, but may have day‑trading restrictions.

  • Decide your risk limit per trade (many traders use a 1–2% max account risk rule).

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Quick glossary

  • Contract size: 1 options contract typically controls 100 shares (price × 100 = contract cost).

  • Call = bullish (profits when price rises). Put = bearish (profits when price falls).

  • Strike = the price you can buy/sell at. Expiration = the date the option expires.

  • ITM/ATM/OTM = in/at/out of the money (how close strike is to current price).

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