How to Analyze Trade Probabilities on thinkorswim® desktop

[@pimphopp4180]

Well done I been looking all over for a tutorial for this tool.

[@FahadAlHoymany]

This is a very clear presentation. Well done.

[@alexh.4842]

Very good illustration. Much appreciated

[@krzysztofzak3503]

Good and visually comprehensive

[@ahmadtorabi5224]

At 11:18, theta decay benefits your position, as you are the put *seller*, benefiting from the contracts' days until expiration approaches

[@patrickkneller120]

GREAT STUFF THANK YOU

[@orionsturtle4824]

Concerning the volatility adjustment. When you adjusted it to +8% was that adding 8 to the current VIX (i.e. VIX = 12 +8 more percent = simulating a VIX at 20) or is the tool multiplying the the VIX by 8% (i.e. VIX of 12 * 8% = VIX of 12.96)? Or is it something completely different from what I am thinking of? Thx!

[@CharlesSchwab]

Hello and thank you for reaching out. While we can only offer limited support through social media, our specialists are happy to assist. To discuss your concern with a broker, please call 800-435-4000 or initiate a secure chat session on Schwab.com, available 24/7. ^CH

[@ronjoseph7973]

Probabilities are all but useless in non-linear, chaotic systems, like the equities markets. That’s why weather forecasts beyond a week have a very poor track record.