options-strategy-advisor

You can calculate options Greeks and theoretical prices using manual inputs for ticker, strikes, expirations, and implied volatility. The tool computes Black-Scholes pricing to deliver delta, gamma, theta, vega, and rho without requiring expensive real-time feeds.

Simulating P/L for a multi-leg options strategy involves computing theoretical prices across underlying price ranges. The tool calculates max profit and loss, breakevens, aggregate position Greeks, and generates an ASCII P/L diagram for visual analysis.

Estimating historical volatility from a price series allows you to evaluate earnings-driven options strategies. You can input historical price data to calculate HV, apply user IV overrides, and receive specific IV crush guidance for your trades.

Yes, retail traders and portfolio managers can analyze options spreads using manual inputs for contracts and volatility. The tool evaluates covered calls, spreads, straddles, and collars, providing risk metrics and position sizing guidance.

Yes, the options strategy simulator supports optional FMP API integration to fetch market data automatically. If you lack an API connection, you can still fully evaluate strategies by inputting manual ticker, strike, expiration, and volatility data.