It is a numerical value that indicates the fluctuations in the stock price of an individual security when compared with the overall stock market.
Stock with a beta higher than 1.00 is considered to be more volatile than the overall market, and therefore riskier. A stock with a beta lower than 1.00 is expected to rise or fall slower than the market, and therefore less risky. Investors would be happier to take greater risks to maximize their profits when the market rises more steadily.
Setups are a specific combination of options contracts that matches a strategic objective. Setups are sometimes referred to as spreads or "strategies" (not to be confused with a Brutus Options Ranking strategy).
Brutus continuously compares and ranks every option contract and near-endless combination of spreads available on the market in order to bring tailored, relevant options trades to our users – saving time, avoiding emotions, and facilitating the consistency required to succeed in options trading.