The Trading Basics
  • Politics
  • World
  • Stocks
  • Investing
  • Editor’s pick
Stocks

Personalized Options Trading Strategies: Discover High-Yield Covered Calls and Spreads with the OptionsPlay Add-On

by admin April 30, 2025
April 30, 2025

If you’ve been exploring ways to take your options trading to the next level, the OptionsPlay Add-On for StockCharts is the single most impactful upgrade you can make. And now, it’s even better.

Courtesy of a big and highly-anticipated update, the Strategy Center within the OptionsPlay Add-On now runs directly on your ChartLists—allowing you to discover optimal Covered Calls, Short Puts, Debit and Credit Spreads, and Iron Condors on the stocks you follow or scan for. This new feature turns OptionsPlay into a fully personalized strategy engine, delivering the options ideas you need, when you need them.

What Makes the OptionsPlay Add-On So Powerful?

Whether you’re a beginner looking for guided trade setups or a seasoned options trader managing multiple strategies, the OptionsPlay Add-On brings you three core advantages:

1. Trade the Highest Potential Setups.

Every list of stocks is analyzed in real time to identify the highest yielding strategy—whether income-oriented like a Covered Call or directional like a Debit Spread—complete with strategy scores, max gain/loss, break-even points, and probability of success, so you are only trading the highest potential setups.

2. Find New Ideas & Generate Ideas from your Lists.

Up until now, users have relied on daily trade ideas curated by the OptionsPlay team. These are still available—and still quite valuable. But now, you can apply the same strategy engine to your own ChartLists: your holdings, your watchlists, and your scans.

This means you can:

  • Identify the highest-yielding Covered Calls on the stocks you own
  • Trade the best-scoring strategies on the technical breakouts you’re tracking
  • Get paid the largest discounts to buy the stocks you love with Short Puts

All ranked—automatically.

3. Fully Personalized to You.

You can customize your options strategies for:

  • Preferred Option Strategy & Outlook
  • Days to expiration
  • Strike Selection
  • Risk tolerance

With one click, OptionsPlay surfaces only the trades that fit your profile in under two seconds, so you can make decisions faster and with full confidence.


Why the ChartList Integration Changes Everything

Your ChartLists represent your research, your insights, and your trading edge. Now, instead of scanning for the best options strategies on our list of ideas, you can apply them directly to the stocks you’ve chosen to follow.

This is especially powerful if you:

  • Manage a long-term portfolio and want to generate income
  • Actively trade sectors, earnings setups, or technical breakouts
  • Prefer scanning based on technical criteria before looking at the options chain

With this new integration, you can:

  • Launch the Strategy Center
  • Select Any ChartList
  • Instantly see top-ranked strategies for each stock
  • Customize based on your preferences
  • Analyze and trade immediately

Pro Tip – Maximize StockCharts & OptionsPlay Scanning

  1. Create a Technical Scan using StockChart’s Advanced Scan Workbench
  2. Save your Scan Results to a ChartList or Schedule your Scan to replace your ChartList
  3. Open the OptionsPlay Strategy Center
  4. Select Your ChartList and see the best options strategies on your Scan Results
  5. Trade your best technical setups with the highest yielding options strategies

Final Thoughts

OptionsPlay was already a powerful companion for options traders on StockCharts. But this latest update transforms it into something even more valuable—a personalized trading assistant that works with your existing workflow.

Whether you’re trading for income, growth, or hedging risk, the OptionsPlay Add-On gives you the structure, confidence, and efficiency to act decisively.


Add the OptionsPlay Add-On to your StockCharts account todayand unlock the power of strategy-driven trading on your terms.

0
FacebookTwitterPinterestEmail
previous post
DOGE, Treasury discover $334M in improper payment requests due to foul codes
next post
‘Mushroom murder’ trial: Defense claims death of lunch guests was a ‘terrible accident’

You may also like

The S&P 500 Snapped Back Hard: Now What?

May 15, 2025

SMCI Stock Rebounds: Why Its SCTR Score is...

May 15, 2025

Bullish Breadth Improvement Suggests Further Upside For Stocks

May 14, 2025

Tariff Tensions Ease, Nasdaq Soars — But is...

May 14, 2025

Unlock the Power of StockCharts’ NEW Market Summary...

May 13, 2025

Navigating Earnings: Three Stocks, Three Different Stories

May 13, 2025

Week Ahead: NIFTY Stays In Technically Challanging Environment;...

May 12, 2025

Where the Market Goes Next: Key Resistance Levels...

May 11, 2025

Recession Ahead? Sector Rotation Model Warns of Rising...

May 11, 2025

Which Will Hit First: SPX 6100 or SPX...

May 10, 2025
  • At least 31 suspected Maoist rebels killed in India’s ‘biggest ever operation’ against decades-old insurgency
  • More than 1,000 US kids were named ‘King’ last year. But in New Zealand, that name is banned
  • The S&P 500 Snapped Back Hard: Now What?
  • SMCI Stock Rebounds: Why Its SCTR Score is Screaming for Attention
  • Gabbard moves presidential daily intelligence brief staff from CIA to ODNI

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thetradingbasics.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetradingbasics.com | All Rights Reserved

    The Trading Basics
    • Politics
    • World
    • Stocks
    • Investing
    • Editor’s pick