Options Basket by QuantMan: An Industry-First Feature for Trading Multi-Leg Option Strategies
This blog will explore the QuantMan's Options Basket feature, an industry-first feature not found on any other algorithmic trading platform, which simplifies premium trading by displaying your total option premium. You will also learn about its uses and why it matters for traders.

If you’re interested in options trading, you probably know how tricky it can be to manage multi-leg strategies. When you buy and sell options together, it’s hard to track your total cost or profit because you’re dealing with multiple option premiums at once. This confusion can lead to missed opportunities or mistakes.
That’s why QuantMan created the Options Basket — a powerful new tool that simplifies premium trading by showing your total option premium in real time. Whether you are an experienced options trader or just starting out, the Options Basket helps you trade faster and smarter by combining all legs of your strategy in one easy-to-understand chart. This feature is part of a growing trading revolution designed to make algo trading accessible and effective for everyone. This blog will explore you the QuantMan's Options Basket features, it uses, and why it matter for traders.
What Is the Options Basket in Options Trading?
When you trade options, you pay or receive a premium depending on whether you are buying or selling. For simple trades, this is easy to understand. But multi-leg trades like straddles or iron condors involve both buying and selling, which makes tracking the total premium tricky.
The Options Basket adds up all the option premiums in your strategy and shows your net cost or credit. This way, you get a clear picture of your total position in real time.
Why the Options Basket is a Trading Revolution
Most traders look at stock or futures charts, but these don’t show real market moves happening in the option chain. The truth is that option premiums change before stock prices do.
By watching the option premium with the Options Basket, you see market changes earlier. This gives you an edge in trading, making your decisions faster and more accurate.
Features of QuantMan’s Options Basket for Premium Trading
With the Options Basket, you can:
- See a live candlestick chart of your combined option premium.
- Use popular indicators like RSI, MACD, and Moving Averages on the premium chart.
- Set smart trade rules based on premium levels or indicator signals.
- Let QuantMan automatically place trades when conditions are met.
This is perfect for algo trading without any coding needed.
How Option Buyers Benefit from the Options Basket
If you are an option buyer, you need to act fast on price moves. Waiting for stock price signals can mean missing out.
The Options Basket shows you the first price changes in the option premium. You can track multiple strikes, set entry rules, and let the system watch for you all day.
How Option Sellers Can Win Using the Options Basket
For option sellers, collecting premium and managing risk is key. The Options Basket lets you:
- Track total premiums collected across your strategy.
- Set conditions to close trades or add positions when your net credit hits targets.
- Automate complex trades like credit spreads and iron condors.
This makes option selling simpler and safer.
Why Retail Traders Should Use QuantMan’s Options Basket
Before, complex options strategies were only for experts. Now, with QuantMan, retail traders can easily manage and automate multi-leg trades. The Options Basket is visual, easy to use, and powerful.
You get real-time data from the option chain, not just stock prices. This means you’re trading with the real market action and always one step ahead in the options trading world.
So, start using Options Basket by visiting the QuantMan platform and take control of your options trading like never before. Simplify your multi-leg strategies, trade smarter with real-time option premium data, and join the trading revolution. With QuantMan, the future of premium trading is in your hands.