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options-advanced

Model implied volatility surfaces to guide advanced options trades and monitor Greeks.

Updated May 5, 2026
Search Tags:#options#market making#skew trading#volatility surface#SABR#Greeks management#calendar spread
One-click install
npx skills add https://github.com/wudye/traderAssistHK --skill options-advanced-wudye
Or copy as Structured Prompt for Agent▼
Please help me install this Agent Skill.
Skill: options-advanced
Source: https://github.com/wudye/traderAssistHK/tree/main/backend/src/skills/options-advanced
Command: npx skills add https://github.com/wudye/traderAssistHK --skill options-advanced-wudye

SYSTEM DOCUMENTATION & REQUIREMENTS

💡 This Skill requires pandas, numpy, scipy.

What problem does it solve?

This Skill helps you evaluate and execute advanced options strategies by modeling the volatility surface and managing Greeks exposure more precisely than basic hedging.

Core Features & Use Cases

  • Volatility surface analysis: Assess strike-by-expiry implied volatility using concepts like SABR/local vol, skew, and term structure.
  • Strategy selection across volatility dimensions: Apply calendar spreads, volatility arbitrage (long/short gamma), skew trades (risk reversals, butterflies), and structured market-making fundamentals.
  • Dynamic Greeks monitoring: Use practical rules for hedging frequency and limits for Delta/Gamma/Vega risk, plus monitoring outputs for decision-making.

Quick Start

Use the options-advanced skill to analyze the current 50ETF volatility surface and produce a strategy recommendation with Greeks monitoring guidance.

Frequently Asked Questions about options-advanced

High-intent search queries and answers about installing and using this skill.

FAQPage Schema
How do I model the volatility surface for advanced options trading?▼

Modeling the volatility surface involves assessing strike-by-expiry implied volatility using SABR and local vol concepts. This Skill interprets skew and term structure dynamics to provide structured outputs for strategy recommendation and Greeks monitoring.

How do I manage Delta, Gamma, and Vega exposure for options market making?▼

Manage Greeks exposure by applying practical hedging rules and risk limits for Delta, Gamma, and Vega. This Skill provides dynamic monitoring outputs to guide decision-making and risk-control conditions for options market making.

What is the best way to structure a calendar spread using volatility arbitrage?▼

Structuring a calendar spread using volatility arbitrage requires evaluating the volatility term structure. This Skill analyzes implied volatility dynamics across maturities to define entry conditions and manage long or short gamma exposure.

Can I use Python with pandas and scipy for skew trading and SABR model interpretation?▼

Yes, skew trading and SABR model interpretation are supported using Python. This Skill leverages pandas, numpy, and scipy to assess volatility surface dynamics and generate risk reversal or butterfly strategy recommendations.

When should I use local vol versus SABR for evaluating options skew trades?▼

Use SABR and local vol interpretation to evaluate options skew trades based on current market conditions. This Skill assesses strike-by-expiry implied volatility dynamics to determine appropriate entry and risk-control conditions.

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