Symbol Management
Manage and organize the stocks you want to track for trading opportunities.
Overview
Symbol management allows you to control which stocks are monitored by the platform's scanning algorithms.
You can add or remove symbols from your watchlist, and the system will automatically scan them for
options trading opportunities based on your risk parameters.
Adding Symbols
How to Add Symbols
- Navigate to your Watchlist page
- Click the "Add Symbol" button
- Enter the stock ticker symbol (e.g., AAPL, MSFT, TSLA)
- Click "Add" to include it in your watchlist
- The system will immediately begin scanning this symbol
Bulk Import
You can add multiple symbols at once by entering them separated by commas:
AAPL, MSFT, GOOGL, TSLA
Removing Symbols
To remove a symbol from your watchlist:
- Go to your Watchlist page
- Find the symbol you want to remove
- Click the trash icon next to the symbol
- Confirm the deletion
Important Note
Removing a symbol will also remove any tracked opportunities associated with it.
Make sure you've saved any important data before removing a symbol.
Symbol Categories
Supported Symbol Types
- Large Cap Stocks: Major companies with high liquidity (e.g., AAPL, MSFT, GOOGL)
- Mid Cap Stocks: Medium-sized companies with good options volume
- ETFs: Exchange-traded funds (e.g., SPY, QQQ, IWM)
- Sector-Specific: Industry-focused stocks and ETFs
Symbol Validation
The platform automatically validates symbols when you add them:
- Checks if the symbol exists in major exchanges
- Verifies options are available for the symbol
- Ensures sufficient trading volume
- Validates real-time data availability
Popular Symbols
Most Tracked Symbols
Tech Stocks
- AAPL - Apple Inc.
- MSFT - Microsoft Corporation
- GOOGL - Alphabet Inc.
- NVDA - NVIDIA Corporation
- META - Meta Platforms
Index ETFs
- SPY - S&P 500 ETF
- QQQ - Nasdaq-100 ETF
- IWM - Russell 2000 ETF
- DIA - Dow Jones ETF
- VTI - Total Stock Market ETF
Symbol Monitoring
Once added, symbols are monitored in real-time:
- Price Updates: Real-time price feeds
- Options Data: Current option chain analysis
- Volume Analysis: Trading volume tracking
- Volatility: Implied and historical volatility calculations
- Greeks: Delta, gamma, theta, vega calculations
Best Practices
Tips for Symbol Selection
- Start Small: Begin with 5-10 symbols you know well
- Liquidity Matters: Choose stocks with high options volume
- Diversify: Include different sectors and market caps
- Monitor Performance: Regularly review which symbols generate the best opportunities
- Update Regularly: Remove underperforming symbols, add new promising ones
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