Lightspeed adds Optionality widget to Lightspeed Trader platform
Lightspeed Financial Services Group LLC, a provider of professional-grade trading technology, today unveiled its latest innovation for the Lightspeed Trader platform: the Optionality widget.
This feature is designed to streamline options trading, offering traders a powerful and intuitive tool to enter options strategies with precision and speed.
The Optionality widget was built for active retail traders and delivers real-time risk-reward visualizations, advanced order placement logic, and an extensive strategy menu with over 10 automated options strategies, like iron condors. Whether traders are hedging positions, capitalizing on market momentum, or exploring complex trades like straddles and butterflies, the widget simplifies the process, reducing friction and increasing order entry efficiency.
“At Lightspeed, we’re committed to empowering traders with the most advanced technology,” said Tom Gibb, President and COO. “The Optionality widget enhances decision-making and helps automate strategy selection, providing traders with a seamless way to navigate the complexities of the options market. The new feature is a game-changer for those looking to trade options more efficiently.”
The widget integrates seamlessly into the Lightspeed Trader platform, with a user-friendly interface designed for both intermediate and experienced traders; the Optionality widget provides an attractive entry point for new options traders while supporting the needs of advanced market participants.