‍Overview‍

uTrade Algos offers a simplistic yet powerful order form that comes with intuitive easy-to-use options, such as Strategy Templates for Options Strategies using which the user can deploy over 9 strategies in just a click. Along with that, the user can use powerful options to make the strategy creation process smarter by using:

• Strike Selection Option
• Dependent Legs/strategy
• Expiry type Option

We’ll be elaborating on this further in this section, enabling you to create and execute strategies efficiently.

Portfolio Framework

A strategy can be created by creating a portfolio first. Thus, a strategy will always be created under a portfolio and cannot be deployed separately. You can choose to save the strategy you’ve just created either as a separate portfolio or save it under any existing portfolio.

Three level description

• Leg Level: A single order instruction such as: Buy a call option, sell a put option, and so on.
• Strategy level: a group of legs – including strategy templates
• Portfolio level: a group of Strategies – including custom if any

Let’s get into the process and flow of creating a portfolio.