Identifying the perfect option takes time.
Option or strategy volume.
Relatively cheap or expensive options.
Identify an opportunity on the price chart.
Study the price and underlying.
Selecting the right strike(s).
How much money to commit? How much to risk?
Executing the identified trade.
Identify possible weaknesses from the chart.
Option or underlying pricing weakness.
Strategy Selection Risk
If the trade is unsuccessful can it be adapted or altered?
Loss of capital.
Aggregate score from analysis criteria.
Aggregate score from risk assessment.
Final OptionID determination.