option action

mmca2006

Active Member
#1
I am using option action but getting wrong pay off graph ... for eg. I have attached a pay off graph of SBI collar as follows -buy sbi march future @ 270
+ buy sbi 260 march put @5.40 +sell sbi 280 march call @6.50 , any one using option action facing this type of wrong pay off graph....:annoyed::annoyed:
pay off graph completely differs from option oracle. Pay off graph of option oracle is correct and also attached here .
 

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mmca2006

Active Member
#3
OptionAction is calculating payoff based on the lot size of the symbol where as option oracle is calculating for 1 quantity. This might be the issue. Because i am using this tool without any issues.
when i am putting 3000 qty for sbi fututre as lot size and 1 as lot size of put and call then pay off graph is same as option oracle, max profit, max loss etc remains same for both software but difference noticed in theta and delta---

theta--for OA--0.02 PER DAY / for OO--155 / day
delta---for OA--2999.3 But for OO delta is 895 :confused::confused:
 
#4
when i am putting 3000 qty for sbi fututre as lot size and 1 as lot size of put and call then pay off graph is same as option oracle, max profit, max loss etc remains same for both software but difference noticed in theta and delta---

theta--for OA--0.02 PER DAY / for OO--155 / day
delta---for OA--2999.3 But for OO delta is 895 :confused::confused:
Greeks in OO is multiplied by the entered qty which is wrong i think but in OA it shows the actual. :):)
 

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