Tools
This page groups tool ideas that help structure the daily workflow between watchlists, volatility, and event risk.
Tools
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
A compact calculator for the market-implied price range based on spot price, implied volatility, and time to expiry.
It includes both the cleaner square-root formula and the faster 0.15 shortcut for a quick estimate.
Tools
In a normal Option Omega workflow, backtest variants are usually tested manually one after another.
OWS scans up to two freely configurable parameters automatically, such as take profit or DTE, and makes robust and profitable setups visible much faster.
Tools
The in-house tool currently offers the following functions: