ELITE STARTERSThe Operator’s Toolkit™ · Trading to Wealth System™

Step 2 of the Loop · Size it

Risk Calculator

Your risk profile says how much you're allowed to lose on one trade and in one day. Set it once. When you know what a contract costs, this turns that allowable loss into a number of contracts, before you ever click buy.

Your risk profile

Not set

Set once, saved on this device. Plan it, Take it and Score it all read from here, so you never type these again.

This trade optional before the open

You often won't know the contract price until the market is open. Your allowable loss is already set above; add the price when you have it.

$

Quotes are per share. One contract controls 100 shares, so a $0.78 quote costs $78.

Starting out, trade one contract at a time.

Risk ticket · long option
Allowable loss per trade—
Daily max loss—
Cost per contract—
Max loss on this trade — Add the option price when you have it
Set your risk profileAccount size, max risk per trade and daily max loss.
Most contracts that fit at this price
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Highest price where one contract fits
—
Five losers in a row at this size
—
Account after those five
—

For buying calls or puts, the premium you pay is the most you can lose. Spreads and selling options are sized differently. Even a great stretch has red trades, so size for the streak, not the win.

Set your risk profileNo numbers yet