This feature helps you analyse the P&L of your F&O positions and basket orders. It tells you important numbers such as maximum profit, maximum loss, breakeven, and probability of profit. It also tells your option Greeks so that you can manage your risks accurately.
But here is the best part. It helps you to predict your P&L when an index or a stock moves to a particular price on a certain day. For example, you would have questions like:
- What would be my P&L if the market goes up or down 2% tomorrow?
- What would I gain or lose if the market stays flat after an event?
- If I buy some options on a Friday, how much will I lose if the market opens flat on Monday?
You can answer these questions with this tool by moving the target and date sliders on the widget.