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Gatsby to launch options spreads on trading platform
Gatsby just announced it will be rolling out options spreads in Q4. The company is on a mission to make options trading accessible and transparent. This new tool will give traders more control over their upside and downside.
In options trading, an option spread is created by buying and selling equal number of options of the same class on the same underlying security but with different strike prices or expiration dates. By combining two or more options in one trade, options spreads allow traders to minimize their risk or to build strategies for various market outcomes. As they are more complex than long options, Gatsby aims to break down the barrier to entry by making them digestible and understandable.
With the launch slated for Q4, these new features will sit alongside the current offering of social, long options trading.