Today the two Mikes (Mike Hart and Mike Rechenthin) spoke about a tastytrade exclusive — the “Monte Carlo Strategy Simulator”.

It can be found here - https://bit.ly/2Rd2HwC

This simulator helps to answer (1) Expected reward, (2) Expected risk and lastly (3) Probability of profit of different option strategies. It was built using real market data and helps traders gain a deeper understanding of their strategies.