The Position Search Wizard guides you through a step-by-step process of uncovering option strategies. It's as simple as telling the program how much money you're willing to risk, what underlying asset you're interested in and how long you would like to hold on to the position.

Once you've decided on your outlooks and assumptions for your search, you can sit back and watch as The Position Search Wizard automatically sorts through thousands of possible options combinations based on the selections that you indicated.

The Position Search uncovers the top options positions available based on your own market assumptions. The positions are detailed and mapped out for you, giving you information like maximum loss and gain, risk versus reward, and much more.

Built-In Strategies. OptionStation 2000i has more than 20 of the most widely used options strategies built right into theprogram. You can choose any or all of them for consideration in your Position Search. We've also built in market outlooks to coincide with each strategy, not only to help you find potentially successful positions, but to act as a learning tool. For example, if you thought the market was going to move up, your outlook is bullish. So when you're doing your Position Search, you might select "Bullish Limited Risk" as your outlook. OptionStation 2000i will then automatically select the option strategies that coincide with your outlook. As you use OptionStation 2000i, you are able to learn more about which strategies work best with each market outlook.

Outlined Execution. The Position Search not only uncovers the top options positions available based on your own market assumptions, but also outlines how to execute them. When your Position Search is completed, OptionStation 2000i will report back a list of the top 50 positions. From these top 50 custom-tailored positions, you can then choose the ones that suit your trading style best. Each position will be ranked in order of potential profit and based on the specifications of the market ideas that you have provided. The Position Search results will also give you a variety of valuable data like the theoretical profit and loss, the maximum loss and gain, as well as details like the strike price and premium price for the options that make up each position.

After you've completed the Position Search, you can then further evaluate these positions using OptionStation 2000i's powerful Position Analysis feature…