Interactive Brokers’ mobile app adds Performance Details section for options, spreads

Maria Nikolova

Traders can analyze option and spread characteristics, including Return-to-Risk Ratio, Profit Probability, Delta, Max Return, Max Loss thanks to the Performance Details section.

Electronic trading expert Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just released a fresh version of the IBKR mobile application for Android devices.

Build 8.3.951 of the solution offers more details about options and spreads. Traders can analyze option and spread characteristics, including Return-to-Risk Ratio, Profit Probability, Delta, Max Return, Max Loss and more with the Performance Details section of the Instrument Details (and Orders) screen.

To manage the display of this and other sections and to change the order in which sections appear in the Instrument Details screen, one should tap the “More” icon in the top right corner of the chain, and then tap “Sections.” Checking or unchecking a section results in displaying or hiding it. Grabbing the “move” icon to the right of a section to drag its position up or down leads to changing the section position on the screen.

Earlier in March, Interactive Brokers introduced significant upgrades to its mobile application concerning security. The IBKR Mobile app now combines IB TWS for Mobile and the IB Key security protocol into one app that lets traders securely manage their accounts and trade. Thanks to the upgraded solution for iOS and Android devices, traders can keep their accounts safe by applying IB Key two-factor authentication when logging into any of Interactive Brokers’ websites or trading platforms.

In one of the latest versions of the app for Android devices, a new options tool called Spread Template was added. It makes it easier to create a complex multi-leg spread by providing a pick list of the most used strategies. In addition to the helpful pick list, the Spread Template intuitive grid display:

  • Lets traders quickly compare prices across a range of similar combinations and quickly pick the one you want.
  • Enables traders to quickly compare tightness of the bid/ask spread for multiple strategies and quickly pick the one with the best spread.
  • Helps traders quickly search for the most appropriate strategy to hedge an existing position via Delta and Gamma display in each grid box. Each grid displays key information such as delta and gamma, and traders can fine-tune grid strategies by adjusting filters.

To use a Spread Template, one should open Quote Details for an instrument and tap “Spreads” from the top row of access buttons.

Read this next

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Bybit expands into Europe amid regulatory scrutiny

Dubai-based cryptocurrency exchange Bybit is expanding its operations in Europe after encountering regulatory challenges in Hong Kong.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

<