🧱 Creating a new Structure from the Home Page

Copilot’s structure builder makes it easy to create multi-leg option strategies using predefined templates. This tool allows you to quickly define products, expiration dates, and strike configurations without manual setup.

Follow these steps to create a structure:

1️⃣ Select Product Group and Product

Start by choosing:

• Product Group: This helps narrow down the asset class (e.g., Energy, Agricultural, Metals, Equity Index).

• Product: Pick the underlying instrument (e.g., Platinum [COM.PL.CME], Corn [COM.C.CME], S&P 500 [IND.ES.CME], etc.).

💡 Tip: Use the "All" group to browse across all available products.

2️⃣ Choose a Structure Type

Next, select the strategy template from the Type dropdown. These predefined structures automatically define the number of legs, whether they’re calls or puts, and the logic behind strike relationships.

✅ Supported structure types include:

• Naked Options: Call / Put

• Spreads: Call spread, Put spread

• Butterflies: Call butterfly, Put butterfly

• Condors: Call condor, Put condor

• Straddles & Strangles: Straddle, Short straddle, Strangle, Short strangle

• Ladders: Call ladder, Put ladder

• Others: Strip, Strap

Each type comes with a defined leg count and positioning logic.

3️⃣ Select a Period (Expiry)

Choose the expiration period for the trade. You can select from:

• Monthly expiries (e.g., September-25, October-25)

• Quarterlies (e.g., Quarter 4-25)

• Seasons (e.g., Winter-25, Summer-26)

• Semiannual & Annual (e.g., Half-Year 1-26, Year-26)

🗓️ These periods are aligned with futures and options calendars for the selected product.

4️⃣ Select Strike Type

Define how you want to select the strikes for the structure:

• Strike Price (absolute values, e.g., 100, 105)

• Delta (e.g., 0.25, 0.50)

• MoneyNess (relative to ATM, e.g., 1.05, 1.0, 0.9)

💡 You can mix and match depending on how you model your trade logic. For example, use delta for directional strategies and absolute strikes for range-bound ones.

5️⃣ Provide Strike Values for All Legs

Based on the structure template you selected, Copilot will prompt you to enter the required number of strikes. For example:

• A call spread will require two strikes (buy and sell)

• A condor will require four strikes (buy-sell-sell-buy)

Enter the strike values from the available list. These will correspond to valid options on the selected product and expiry.

6️⃣ Create the Structure

Once all fields are filled out:

• Click ➕ CREATE THIS STRUCTURE to generate and load it into a new tab.

• Alternatively, use 'Create Empty Tab' if you want to add legs manually later.

Your structure is now live in Copilot, ready for editing, backtesting, or risk analysis.

🔍 Tips for Working with Structures

• Use the Strike Type to quickly test how strategies perform under different market assumptions (e.g., fixed strikes vs. delta-adjusted).

• You can constantly manually adjust or delete legs after creation if needed.