OptionAutomator Options Trading Glossary:

Definition, Examples & Resources:Strategy'

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What is Strategy in Options Trading ?

A predefined option trading plan devised to buy or sell option(s), and then take profit or stop loss at a predefined price and/or time points. The Brutus Options Ranker makes use of the term "strategy" to define the required inputs from a trader to rank a relevant options trade as part of the trader's overall trading strategy. This includes selecting a Market Group, choosing which Options Setup (or spreads) to be ranked and finally adding relevant criteria, which must be set to 'maximize', 'minimize', or 'target' a specific value.

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