Options Glossary

Glossary: Options Setup

Last Updated: March 18, 2017

Glossary

Options Setup

What Does Options Setup Mean in Options Trading?

Synonyms:
Spread, Options Spread

Setups are a specific combination of options contracts that matches a strategic objective. Setups are sometimes referred to as "spreads" or "strategies" (not to be confused with a Brutus Options Ranking strategy).
In order to build a custom strategy with the Brutus Options Ranker, you will need to assign a setup to your strategy.  The setup will be used to generate options trading alternatives that will be evaluated and force ranked as part of your nightly strategy runs.

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