The OTM Trader Workspace filters the option chain to genuinely out-of-the-money strikes, and shows you max loss and time-decay context on every button — before you buy, not after.
Everything in this workspace flows from three inputs you set once: how much you're willing to risk this session, which underlying, and which way you think it's headed.
Set the maximum you're willing to spend this session. The workspace runs on this number for everything that follows.
Pick an underlying and a direction — the chain filters to genuinely out-of-the-money strikes automatically. No manual scrolling through ITM clutter.
Every buy button shows the maximum possible loss for that contract and quantity, right where you're about to tap.
Roughly what time decay costs by tomorrow if the price doesn't move — spelled out in words, not just a Greek number.
Contracts that exceed your budget stay visible with a clear label — you always see the full chain, never a filtered illusion of it.
Placing the order works exactly like the rest of the platform — the budget context is layered on top, not a different flow to learn.
You set the ceiling first, then the workspace filters everything to fit. Tap any point to see it.
From opening the workspace to placing your first trade.
One tap from the workspace rail — no setup or configuration screen first.
Three quick inputs — the chain refilters instantly as you set them.
Max loss and theta decay are shown right on the button, before you buy.
Same familiar order flow as everywhere else on the platform — no new mechanic to learn.
Retail options trading carries well-documented risk. This workspace is built to give you more information and more control before you place a trade — not to promise a particular outcome.
The whole workspace runs on a budget you set upfront — there's no path to buying a contract without first seeing whether it fits.
Contracts over budget are labeled clearly rather than removed — you see the whole chain and decide for yourself.
Time decay is estimated upfront in plain language, not left for you to discover after the fact.
Everything you need to know about the OTM Trader Workspace.
Any strike genuinely out-of-the-money relative to the current spot price — the chain filters these automatically based on your chosen underlying and direction, so you're not scrolling through ITM or deep ITM strikes.
It stays visible in the chain but is clearly labeled as over budget — nothing is hidden, so you always see the full picture before deciding.
A plain-language estimate of roughly what time decay costs that position by tomorrow if the underlying doesn't move — so decay isn't a surprise you discover later.
Yes — every buy button shows the maximum possible loss for that specific contract and quantity before you tap it.
Yes — your session budget, underlying and direction can all be adjusted at any time; the chain refilters immediately.
Switch to the OTM Trader Workspace on Navia's web platform — or try the guest demo first, no account needed.