I am working on adding some prebuilt graphs to the Strategy Builder which will give an instant insight into how the chosen strategy would behave in various scenarios and how the PnL would get affected. It would look something like this:
This would show the strategy's payoff (PnL) and greeks...
3) Added a new tool called "Strategy Builder" which will enable you to build and test a strategy. You can also change the various parameters to see how the position's PnL gets affected when spot, IV and days to expiration changes
To enter: a) Use the header, or b) use the quick view if you want...
Hi, I am sorry for a really really late response to this; had a lot going on in my personal life. I do see some people in this forum visiting and checking out the features. I am happy to see this and so added some more features which should help.
As you suggested, I removed the DTE label and...
Thanks for the tip on multiquotes - does makes sense!
I am still working on efficient layout of the data along with integrating more features. The snapshot ribbon (futures/IV/IVP etc. info) is surely taking a lot of space and I will be rearranging it soon. It's just that time is a constraint...
@bpr I agree. This was my initial layout, but due to space constraints I had to move them to the header. I'll try to adjust both the elements again above the option chain over this weekend. Thanks :)
Thank you @sanju005ind. Per strike IV calculation is done using the Black76 model.
I am not...
Done. The number of days now appear in the dropdown selector.
Sure! Will post it over the weekend.
Please do share your feedback and any improvement suggestions. Meanwhile, I will keep working on adding features that I think will be helpful in building context. :)
Here is the screenshot of the main page and I’ve labelled some UI elements as follows:
0 - Quick Instrument Selection
1 - Instrument Snapshot
2 - 1SD Range, Days to Expiration and Lot Size
3 - Filter the number of visible strikes
4 - Choose the desired expiry
5 - Open symbol chart...
After posting screenshots my initial crude app here on this old thread (https://www.traderji.com/community/threads/historical-options-chain-greeks-and-iv.106299) I had pretty much abandoned its work and relied on manual data extraction and manipulation in Python/Excel etc. However, I...
- This statement would maybe not be appropriate for some other type of traders, such as market makers or option sellers. What do you think??? :confusedd::confusedd:
Maybe as an option seller (even I am a trader, no?) my job is not to predict the market moves because I believe they are random...
Hi, thanks for replying.
It seems that you're beginning to learn about options. Being delta neutral doesn't guarantee profits; otherwise everyone would be. You could be only delta neutral at a given point in time. As time passes, delta would change (even if nothing else changes). Being delta...
The reasons due to which the deltas of the ATM call and put are different, as shown in your screenshot is because:
The calculator that Zerodha uses is based on the BSM model. It means that the interest rate that you input is used by the model to calculate a forward price for the stock. The...
Here is the link to try: http://chain.optionsnexus.com
Access it only on Chrome as I haven't tested cross browser compatibility
View it on desktop/laptop as it's currently not fully optimized for small screens
Accessing Stock chain might not work because of Godaddy's...
I was not active for a long time. Sorry for the delay. I've made some changes to the tool and working on improving it. Unfortunately it required a lot of time and I am not able to dedicate it due to my job.
Here is the screenshot of the changes:
Bro, you did not understood what I was saying. Of course the greeks would change with IV if you use IV as volatility input in BS or any model.
However, the reason I say that IV cannot change greeks is because I don't use it as a figure of volatility. I use some other numbers because I believe...