One of the trickiest parts of working with options is not just pricing a single contract. The real challenge is figuring out how a whole structure behaves when you combine multiple legs. Whether you are building spreads, collars, or something more exotic, you need to know the total premium and the combined Greeks before you ever put the trade on. A basket approach solves this neatly. Instead of looking at each leg in isolation, you define the full set, price it together, and
One of the trickiest parts of working with options is not just pricing a single contract. The real challenge is figuring out how a whole structure behaves when you combine multiple legs. Whether you are building spreads, collars, or something more exotic, you need to know the total premium and the combined Greeks before you ever put the trade on. A basket approach solves this neatly. Instead of looking at each leg in isolation, you define the full set, price it together, and