Click here to get to our Home Page

 

 

 

 

 

 

 

 

 

 

 

 

Click here to get to our Home Page

 

 

 

 

 

 

 

 

 

 

 

 

Options+

Options+ Icon

This app is meant for analyzing and graphing complete options positions.

1) Choose an option by going to "Option Chain" (the third choice)

Main Choice Screen

2) Enter a ticker symbol (e.g. AAPL) and press the "Option Chain" button

Choosing AAPL

3) You can now see the entire option chain for the selected stock. Scroll up or down to find the option you are interested in.

Option Chain

4) An option has been chosen.

Alternatively, one can skip stages 2 & 3 and just enter the Option Details directly

Please remember to update:

Quantity (how many options are used. This should be a positive number for long option positions or a negative number for short option positions.

"Risk Free Rate" (on the bottom of the screen)

A Single Option

 

5) Once the user presses on "Get Volatility and Populate Calculator", the App will get all the option and underlying stock parameters, and calculate the implied volatility

Calculator Input

6) One can now:

a) Calculate the options fair value and Greeks (Delta, Gamma, Theta, Vega and Rho)

b) Graph the option

c) Add it to the Portfolio

 

6a) Calculate the option's fair value & Greeks

Calculator Output

6b) Graphing choice screen

Graph Choice

6c) Portfolio screen

Portfolio Screen

7) An example of a chart

Graph Chart

 

Notes: the App uses the Black Scholes model which is only an approximation to "American style" options.

Dividend yields are used rather than discrete "lumpy" dividends

 

Contact us with any comments or requests

support@supercc.com

 

Disclaimers

 

Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options (ODD). Copies of the ODD are available from your broker, by calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-CBOE advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions

 

--There's no indication that the data is delayed, please add the IDC disclaimer which you can view on CBOE's website at http://www.cboe.com/DelayedQuote/DQBeta.aspx: