How To Hack Options Spreads

If you’ve ever used the thinkorswim desktop platform, you may have noticed the little ‘Spread Hacker’ tab in the software. This isn’t a feature that gets talked about much, but it’s fun to play around with. While this may or may not be the original intent of the feature, it’s especially useful for generating slightly wacky ideas that you might not otherwise have considered. We wouldn’t advise just copying and executing any ideas generated there, but it’s a great way to get some creative trade constructions that you might not have thought of otherwise...