Training video

Reading a trade plan

By Rohan Fernandes, Founder · Updated 2026-09-03 · Educational reference, not investment advice

How the trade plan picks a spread structure from the signal and the volatility regime, how the five scored expirations are ranked, and how to read the expected-move cone against your profit zone before deciding anything.

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Runtime 2:45 · full transcript below.

What this video answers

Chapters

Full transcript

0:00–0:20

Trade plan is the headline trade view. It analyzes today's setup at around thirty to forty-five days out, and unlike thesis it always lets the engine pick the structure from the volatility regime rather than asking you first.

0:20–0:55

The choice is a rule, not a judgment call. A bullish signal with rich implied volatility becomes a bull put spread. Bullish with cheap volatility becomes a call debit spread. Bearish flips both of those. A range-bound name with rich volatility becomes an iron condor. The direction comes from the signal, and whether you are buying or selling premium comes from where volatility sits. Both halves are on screen so you can check the reasoning against your own view.

0:55–1:30

Underneath are five candidate expirations, each scored by the same engine across fit, volatility level, term structure, gamma risk and the theta-to-vega ratio. Click any row and the chart redraws for that expiry. Standard monthly expirations are marked, and when a monthly scores close to a weekly the monthly is put first, because per-strike depth on monthlies is structurally better. When a weekly genuinely wins on the numbers it still wins. The preference breaks ties, it does not override real edge.

1:30–2:05

The chart is where the trade becomes concrete. The shaded cone is a one standard deviation expected move for that expiry, so it is the market's own estimate of the range. Your profit zone is drawn over it, along with the breakeven and the at-the-money line. What you are looking for is a profit zone that sits comfortably against the cone, not one that needs the stock to do something unusual. Indicators and moving averages toggle on the same chart.

2:05–2:25

From here you can place the trade through the broker preview, or log it as paper and see how the idea would have gone. Early on, choose the second one. Nothing on this screen is a recommendation, and nothing is sent anywhere without your explicit confirmation.

2:25–2:45

Options Scanner is operated by Avenix Solutions LLC. It is not a broker-dealer and not an investment adviser, and it never holds customer funds. Options involve risk and are not suitable for every investor. Thanks for watching.

Educational reference. Options Scanner is a software tool. It is not a broker-dealer, an investment adviser, or a fiduciary, and nothing on this page is investment advice or a recommendation to buy or sell any security. Options involve risk and are not suitable for every investor; read the Characteristics and Risks of Standardized Options before trading. Examples use hypothetical numbers for illustration only.