07Charts
The chart is one surface used everywhere — the Charts page, the screener drawer, and each ticker page. The Charts page gets the full version: up to eight slots at once, every study, the drawing tools and the pattern finder.
Everything is reached from one place. The numbers pick which chart the controls apply to, and Indicators opens the study library: a search box, an Active strip showing what is on, and every study grouped by what it tells you — presets and moving averages included. The full roster gets its own reference chapter, Chart Studies.
The desk — up to eight slots
Press + Add chart in the toolbar to add a slot — or its ▾ to add a different kind — up to eight. The desk is always exactly the window: nothing scrolls off the bottom, and every slot is sized by you rather than by a fixed grid.
- Resize from any corner or edge. Grab one and pull. Everything snaps to a 24×24 ruler, so panes always line up, and a pane can be any size the ruler allows rather than a half or a quarter.
- The neighbour gives way. An edge is a divider, not a wall: push into the pane beside you and it shrinks to make room, down to its own minimum, then the drag simply stops. Pull back and a neighbour that was against that divider follows it home.
- No gaps. Space you free is absorbed by the pane beside it, so the desk stays fully tiled. There is nothing to tidy up and no empty rectangle to explain.
- Drag a header to move a pane, and drop it on another to trade their places — the contents swap and the arrangement stays. A near miss puts it back where it was.
- There is no edit mode. The handles are always live; nothing has to be unlocked first. Clicking a header’s dropdown, pin, ⤢ or × still does that, not a drag.
- A slot holds a chart, the entry signals, the options chain, the Strategy Builder, or the Elliott / Pattern zones panels. The Add chart ▾ menu picks which, and every slot has a dropdown in its header to change later. So three charts and a chain, or a chart with the signals, the builder and the zones beside it — whatever the question you are actually asking.
- Signals and chain slots follow the selected chart. Click chart 2 and both swing onto that ticker; there is no second place to keep in sync. Pin one from its header to lock it to a symbol instead — that is how you read one name’s chain while watching another name’s price. A panel never takes the selection itself, because it is the thing doing the following.
- Each chart is independent. Its own ticker, timeframe, chart type, studies and patterns — so you can hold one name on three timeframes, or three names on one.
- Type a ticker straight into a chart’s header. Click the symbol, type, press Enter and that chart moves — no need to select it first and use the search box. Esc cancels.
- One toolbar, not four. The number selects which chart it drives, and that pane is ringed. Click anywhere on a chart — its header included — to select it.
- The pin means “pinned to chart 1”. Lit, a chart shows whatever chart 1 shows and follows it as chart 1 changes; click again to free it and it keeps the ticker it is on. Typing a ticker into a pinned chart’s header frees it too — you have just said you want it to differ. ⇄ Sync is the same thing for every chart at once: pin all, or free all.
- ⤢ fills the window with that slot. Any slot, not just a chart — the options chain, Elliott zones and the Strategy Builder all go fullscreen the same way, which is the point of reading a chain full width. Esc brings the desk back, and the chart keeps its zoom either way.
- Every chart says what it is. Because the toolbar can only describe the selected pane, each chart labels itself in its own corners: top right is the ticker with its timeframe beneath it — Daily · 6M, Weekly · 1Y, 60m · 3M — and top left lists every study it has on, each in the colour it draws with. In a one-name-four-timeframes layout the timeframe is the only thing telling two panes apart.
The watchlist rail
A watchlist lives down the left of the desk. Closed it is a thin strip with an arrow; open it becomes part of the same grid — the charts give up the columns it takes, and its right edge drags on the same snap as any pane.
- Every list is offered — your own under My lists, and OptyTrades’ curated ones (the Wheel Kings price bands, Opty AI, Buffett Quality, CANSLIM, Dividend 50, Deep Value, the High Premium lists and Fallen Angels) under OptyTrades lists. It opens on Wheel Kings $25–$50 until you pick something else.
- Click a row to chart it in the selected chart. Rows show Symbol, Description, Last, Net Chg and IV.
- Add and remove on your own lists. Type a ticker in the header and press Enter or +; remove one with the × on its row. Curated lists are marked auto and cannot be edited — they are rebuilt every night, so an edit would not survive.
- Sort or arrange. Click Symbol, Last, Net Chg or IV to sort; click again to reverse, once more to return to your own order. In your own order you can drag rows into any position — that order is saved to the list itself, so the screener sees it too.
The panel slots
Four slot kinds hold analysis instead of a price chart, and all of them follow the selected chart unless pinned:
- Options chain — strikes around the money for any listed expiry, with delta on every row and a toggle for gamma, theta and vega. The Mid column and annualised yield are computed per strike, so comparing two strikes needs no side arithmetic. With a Strategy Builder open, clicking a strike moves the builder's matching leg to it. Strikes you already hold are flagged: a −3 in front of the strike means you are short three contracts there, and hovering names each lot and the account it sits in. A dot on an expiry tab means you hold something in that expiry, the chain opens on one of those expiries when you hold anything, and a line above the tables spells out what you hold there — so a position is never hidden behind the strike window. Shares show above the calls, since owning the stock is what makes a call covered. The toolbar’s account picker decides whose positions these are: it follows the journal’s account selection unless you override it on the desk.
- Strategy Builder — pick a strategy (cash-secured put, covered call, the wheel, spreads, twelve in all) and Opty constructs it for the selected chart's symbol: short strikes come from the entry-signal engine's tiers — Aggressive by default, with Balanced and Conservative one click away — priced from the live chain at the tier's own expiry. Every leg stays editable, and the payoff curve, breakevens, max gain and max loss update as you change anything. The strikes are the same reference levels the signal cards show, never recommendations.
- Elliott zones — the wave count read as strike zones, tabbed by horizon, with each degree’s targets and invalidation as price bands. The panel reads the same three counts the chart’s Elliott overlay draws — see the Elliott Wave chapter.
- Pattern zones — the same idea from the other engine: levels the twelve chart patterns imply, presented as zones. A count and a shape both place levels; running both panels is how you see where two unrelated methods agree.
What the chart remembers
Leave and come back and the chart is as you left it. Several different scopes, because "remember this" means several different things — and which scope a thing lives in is the whole design.
Drawings belong to the symbol, so two panes showing the same stock share the lines drawn on it — and coming back to HOOD shows the analysis you left on HOOD, not on whatever you looked at since. Notes are per-symbol too, but kept to your account rather than this browser. Your defaults decide what a new chart opens with, each chart keeps its own ticker and studies, and a layout holds an entire desk.
Presets
A named set of studies you can drop onto any chart. Set one up, type a name in Indicators → Presets, and save. Apply it from the dropdown on any other chart.
A preset saves how you are reading, never what: symbol, range and interval stay where they are. Fields apply one at a time, so a preset saved today will not switch off a study added next month.
Notes
✎ Notes on the chart toolbar opens the notes for the chart that is selected. Notes belong to the ticker, so in a grid each chart has its own — SOFI’s notes are there when you come back to SOFI, and never follow you onto another name.
Keep as many as you like per symbol, each with its own name, so “why the $17 level matters” stays separate from “what I’d do differently next time”. Edit or delete any of them; the newest sits at the top.
Unlike drawings, notes are kept to your account rather than this browser. A drawing costs half a minute to redraw — a note is reasoning you cannot reconstruct, so it survives a cleared cache and is there when you open the chart on your phone.
Layouts
A preset dresses one chart. A layout saves the whole desk: how many charts are open, the ticker in each one, and every timeframe, study and moving average across all of them. Arrange the grid the way you want it — charts, signals and chain slots alike, with any pins you have set — then open ▦ Layouts and save it under a name. Reopen the entire set in one click. The menu sits in two places: beside the search box at the top of the page, and in the chart toolbar — the same menu either way.
Four presets come with it, so there is something to open before you have saved anything of your own: Wheel desk (a chart with the entry signals and the options chain), Daily + Weekly (one name, two timeframes, pinned together), Elliott desk (a chart with the Elliott and pattern zone panels) and Strategy desk (a chart with the chain and the Strategy Builder). They open on whatever you are charting. Presets cannot be changed or overwritten — they are the same for everyone, so make one yours with Save as a new layout and edit that.
Close all clears every slot and returns the desk to the search box. Your saved layouts are untouched.
Keep as many as twelve — one for earnings week, one for the names you are wheeling, one holding a single ticker on four timeframes. The list shows each layout’s tickers beside its name, so you can tell them apart without opening them.
A dot beside the name means you have changed something since you last saved. Save overwrites that layout; Save as a new layout keeps both. Switching to a different layout while you have unsaved changes asks first rather than discarding them.
Applying a layout normally restores its tickers, because that is most of what you saved. Tick Keep the tickers I’m on to apply only the arrangement — chart count, timeframes and studies — and stay on the stocks in front of you.
Four things are remembered separately, and it is worth knowing which is which. Your defaults decide what a new chart opens with. A preset is how to read one chart, with no ticker attached. A layout is the whole desk, tickers included. And drawings belong to the symbol, so they follow the stock into whichever layout you open it in.
Moving averages
Add as many as you like, each with its own type, length, colour and thickness. Eight types, and the differences are real:
- SMA — the plain average. The 50 and 200 matter partly because so many people watch them.
- EMA — recent bars weigh more, so it turns sooner and whipsaws more.
- WMA — linear weights; between SMA and EMA.
- VWMA — volume-weighted, so it tracks where trade actually happened.
- HMA — Hull; low lag and still smooth. Quick to turn, prone to overshoot.
- SMMA / RMA — Wilder's smoothing, the average inside RSI and ATR. Much slower than an EMA of the same length.
- DEMA / TEMA — double and triple exponential. Least lag, most noise.
The study library
Over forty studies live in the Indicators panel, grouped by what a study tells you — Momentum, Trend, Volatility & Bands, Volume, Levels & Events and the Opty Exclusive set — rather than by where they draw. Groups open on click, the search box jumps straight to a study by name, and the Active strip at the top always shows what is on this chart.
Every study gets its own page in the Chart Studies chapter — what it measures, how to read it, and how it fits the wheel. Two are worth calling out here because nothing else works quite like them:
- My Position — only on a name you hold. Draws your cost basis, break-even after premium, and any open strike, read from your journal. Hover a label for the detail: contracts, expiry, what happens when price crosses it, and — if you hold the name in more than one account — which account it is in.
- Fundamentals — a row across the top of the chart: Assignment Quality, IV rank, days to earnings, Wheel Score, then market cap, P/E, beta, dividend and the analyst average. Ordered by how much each one moves a decision to sell a put. Hover any figure for what it means and where it came from.
Volume Profile is the strongest support and resistance evidence available, because it says where trading actually happened rather than where a line was drawn. Each bar's volume is spread across the prices it traded through, so a day's activity is not attributed to a single tick.
Drawing tools
✏ S/R places a horizontal line wherever you click. Fib and Fib T take two clicks each. Right-click removes the nearest drawing; right-clicking mid-drawing cancels it.
- Fib draws the retracement ladder between two points — 0 through 100% plus the 127.2 and 161.8 extensions — each level labelled with the ratio and the price. Levels start at the earlier click and run right, because a retracement is read against what price does next.
- Fib T projects the same ratios along time. The bars between your two clicks become one unit, and vertical lines mark 0.382× through 2.618× forward. A turn landing where a price level and a time line cross is the one worth noticing.
Chart patterns
Twelve classic shapes, found from the chart's own swing points: head and shoulders and its inverse, double and triple tops and bottoms, ascending, descending and symmetrical triangles, rising and falling wedges, and rectangles.
- Every match carries a measured target and an invalidation. Without both, a pattern names a shape and says nothing.
- Nothing is pre-selected. Switch patterns on and you see everything found; tick one in Scan for to narrow to that pattern alone.
- All matches draw at once, the focused one at full weight. Click a pattern's name in the corner to bring it forward.
- At most three are reported. A finder that names something on every chart is one you stop believing.
Reading it for a put or a call
None of this replaces what actually prices an option. Delta, implied volatility, Assignment Quality, yield and open interest choose the strike — see Scores & Grades. What the chart adds is structure around a strike you are already considering:
- ATR gives a distance — one ATR below spot is a concrete starting point for a put strike.
- Volume Profile and Pivots give levels with independent reasons for buyers or sellers to appear.
- A pattern's invalidation is a price the chart has to break to be wrong — a put strike below it sits under a level that must give way first.
- Expected Move says what the options market itself thinks is reachable by your expiry.
When a Fibonacci level, a pivot and a volume shelf land in the same place, three unrelated methods agree — which is worth more than any one of them.
Educational only — not financial advice. Nothing here is a recommendation to buy or sell anything.