How to use the 100x Options Calculator
The 100x Options Calculator is designed to help you determine if your option trade has positive or negative expectancy.
It does this by looking at the max risk on your option trade, the probability of hitting your max risk on the trade, the max profit on your trade, and the probability of hitting your max profit on the trade. By examining these 4 variables, the options calculator can determine if your potential trade has positive or negative expectancy.
It is important to note this will not work on strategies that do not have a fixed max risk or fixed max gain on the trade.
To use the calculator, enter the % for hitting your max loss (as a number only) the % for hitting your max gain (as a number only), the max loss in $ value for your trade and the max gain in $ value for your trade. By entering these 4 variables in, the calculator will calculate if your trade has a positive or negative expectancy after 100 trades.