OptionsApp Video Tutorials

19 articles

Video 10: Special Considerations for Your First Trade

When you start OptionsApp for the first time, a security message appears that requires a one-time confirmation from you to allow external trades to be executed via TWS. For a smooth start, it's recommended to stay actively involved initially and manually review trades. Direct

Video 12: Creating a Bug Report

This video shows how to create a bug report using the bug icon in the top right corner of the user interface. The user describes the error in as much detail as possible, for example if a direct order was not executed. After clicking 'Send', the report is sent as a zip file

Video 8: The Dashboard

The Dashboard provides a central overview of all trading activities, including real-time data on open, executed, and planned trades. Users can enable or disable strategies there, monitor entries and exits, as well as key financial metrics such as premium income and P&L

Video 9: Executing Manual Trades

Direct Trade enables manual execution of trades in the TBS environment and is particularly well-suited for short-term, intraday strategies. Users can leverage predefined Templates with Stop Loss and Take Profit levels to trade more quickly and precisely. During the trade, the

Video 3: Introduction to the User Interface

The video provides a detailed introduction to the OptionsApp user interface. The speaker explains the different sections such as Dashboard, Configuration, Evaluations, and Settings, and shows how to navigate them. Particular emphasis is placed on features like the display of live trades.

Video 2: Setting Up OptionsApp & TWS

Part 1: Part 2: To set up OptionsApp, you first need to make sure that both Trader Workstation (TWS) and OptionsApp are using the same time zone, ideally US Eastern Time. Then you start TWS, log in, and enable the API connection in the settings

Video 6: Entry Condition Filter

Entry Conditions determine the prerequisites under which a trade is allowed to be executed, distinguishing between Filters (conditions that must be met before a certain time) and Triggers (conditions that are activated at the moment they occur). Users can define, name, and customize their own conditions.

Video 7: Entry Condition Trigger

The difference between Filters and Triggers is clearly explained: Filters check conditions at a fixed point in time, while Triggers wait for certain criteria to be met within a time window. Examples like EMA comparison or an SPX breakout demonstrate how fl

Video 14: Transfer Session

The video explains how users can transfer their OptionsApp configurations to another system by copying the database file. To do this, they need to navigate through the AppData folder in the user directory to the app's Session folders, with the most recent Session identified by its modification

Video 5: Creating a Strategy

This video shows how users can create and name an automated trading strategy in OptionsApp, and link it with specific Trade Templates, for example, for 0 DTE or 7 DTE. In the process, execution times, expiration times, and trade quantities are precisely defined to schedule the strategy accordingly.

Video 11: Telegram Notifications

Click here to go to the step-by-step setup guide with images. OptionsApp can be connected to Telegram to send real-time notifications about trades, error messages, and status updates. To do this, you create your own bot via BotFather in Telegram.

Video 4: Creating a Trade Template

The video shows step-by-step how users can create their own Trading Templates in OptionsApp and configure them individually. It explains how to set up a new template, define strikes and expiration dates, and assemble complex strategies like Iron Condors. Users have the

Video 13: Closing Trades Manually

The video provides an overview of manually closing trades in OptionsApp, starting with executing a test trade via a pre-configured Template. The trade is placed pre-market and successfully executed with defined parameters such as Strike prices and Stop Loss. Subsequently...

Video 1: User Portal, Download and Installation

In the OptionsApp user portal, you'll find the latest version of the software and matching installation files (installer and ZIP). The ZIP file is particularly recommended if installation via the installer file fails (for example on Windows Server 2025). Existing data

Video 15: REL Orders and Conditional Orders

The video explains how REL Orders (Relative Orders) work in Trader Workstation (TWS) and OptionsApp. These are orders that dynamically adjust to the current market price by, for example, outbidding the bid price by a certain offset (e.g., 0.05 USD)

Video 16: Specific Connection Times for TWS

This video explains how to control the connection to TWS in OptionsApp to avoid unnecessary connection attempts outside trading hours. Especially after market close or on weekends, maintenance work often occurs that interrupts the connection. In the settings...

Video 17: Adjusting Stop Loss & Profit Target Live

This video shows how to manually adjust the Stop Loss or Profit Target for an active trade in OptionsApp. Using two example trades in Paper Trading, one with only Stop Loss and one with an additional Profit Target, we demonstrate how to do this via the Trade Settings

Video 18: Exit Conditions

The video shows how to set up Exit Conditions in addition to Entry Conditions in OptionsApp version 1.4 and beyond, allowing trades to close automatically once certain criteria are met. First, using a 14-day Bull Put Spread strategy as an example, it explains how to configure the trade to

Video 19: Re-Entry

The video explains the Re-Entry function in OptionsApp, which allows a new trade to be opened automatically after closing a trade. First, it shows how you can specify which type of closure triggers the Re-Entry, for example, only on Stop Loss, or only when the Profit