Tools
Your tools for options trading
Short tool concepts for watchlists, volatility, and event context.
Tools
OWS - Optionist Work Station
The in-house tool currently offers the following functions:
- ITM covered call scan for up to 25 symbols at once from the S&P 500, NASDAQ 100, DAX, and Euro Stoxx 50
- 0DTE automated trading for bull call spreads and bear call spreads
- VIX term structure curve derived from VIX futures
- Conversion of the IB account statement into a compact summary including a clean trading history
Tools
Option pricing calculator
The goal of this tool is a compact calculator where you enter the option strike, the option price, and the current spot price.
From that, the time value can be derived immediately. This makes it easy to separate intrinsic value from pure time value in the premium.
Tools
Expected Move
Calculator for the implied market range based on spot price, IV, and DTE.
Includes the standard square-root formula and the additional 0.15 shortcut.
Tools
Option Omega Heatmap
OWS scans up to two freely configurable parameters automatically against an existing Option Omega setup.
Typical examples are take profit, DTE, or other exit parameters. This makes robust setups easier to spot.