> For the complete documentation index, see [llms.txt](https://docs.optiontrack.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.optiontrack.io/product-guides/opening-a-new-position.md).

# Opening A New Position

How to open a new position in Option Track.

## Step 1 - Adding a New Position

The first things you need to do to add a new position is sign in to your dashboard and click on the *add new position* icon.

We'll power through a new position of type *put*, as we'll dedicate [another page](/product-guides/starting-from-an-existing-position.md) to covering positions of type *buy*.

<figure><img src="https://3689094720-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fc2zb7lZXneyHAIFX6GGu%2Fuploads%2Fe209Hv2LbttbcYlFkc4X%2Fnew%20position.gif?alt=media&amp;token=847fdc6a-42ae-4b32-978b-04ce71b9c8cb" alt=""><figcaption></figcaption></figure>

## Step 2 - Filling Out Details

Opening a new position in Option Track is pretty straight forward. All you need to do is gather the details of the position you've opened in your brokerage account and fill them out inside Option Track.

This is what the details of a trade look like inside Charles Schwab's transaction history.

<figure><img src="https://3689094720-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fc2zb7lZXneyHAIFX6GGu%2Fuploads%2FsLYm69SRZWwwg5KzqLWX%2FScreenshot%202023-11-28%20at%2011.29.08.png?alt=media&amp;token=84f2e18c-5df1-4089-9d76-53ed20be19b4" alt=""><figcaption><p>2 PUT option contracts for SNAP that expire on December 8th, 2023. Strike price of $12.00. Premium of $0.14/share. $1.32 in fees.</p></figcaption></figure>

And this is how it translates to Option Track.

<figure><img src="https://3689094720-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fc2zb7lZXneyHAIFX6GGu%2Fuploads%2FgefmyJdqm5dQisVqwTNm%2FScreenshot%202023-11-28%20at%2011.43.46.png?alt=media&amp;token=3649faf0-8ea3-467a-b595-00c178310141" alt=""><figcaption></figcaption></figure>

## Step 3 - Saving your position

You're free to use the notes field however you wish. This is for your eyes only.

Once you're done filling out your details, hit save.&#x20;

Your trade will now show up in your open positions of your dashboard.

Your dashboard is sorted in alphabetical order.&#x20;

<figure><img src="https://3689094720-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fc2zb7lZXneyHAIFX6GGu%2Fuploads%2FZj7wb6BYxwjdmwigrbWL%2FScreenshot%202023-11-28%20at%2011.56.34.png?alt=media&amp;token=21ebcb21-3a5a-41ee-8a9f-29f8e1c6855f" alt=""><figcaption></figcaption></figure>
