The probability of profit calculator estimates the chance that an options trade will make money at expiration. To access the probability of profit calculator follow the steps below:
- Login to your SoFi Invest Self-Directed account.
- Search for the ticker you are wanting to trade options on.
- Select trade and then select Options.
- Click on strategies at the top of the options chain and answer the following questions:
- Which direction will the market move?
- Which strategy fits your outlook?
- Select any strike price in the options chain to see more details, such as Probability of Profit.