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Start with your intent or build directly from the chain.
Search an underlying to begin.
Quotes, strategy controls, and risk review will appear here.Grouped by underlying with actions that stay in context.
Working, submitted, and recently filled.
Closed trades and fills used for progress.
Volatility Adjusted Yield compares what an option pays to what the underlying actually moves: annualised at-the-money call yield divided by annualised realized volatility. A VAY of 2.2 means 2.2 units of yield for every 1 unit of risk. Fair value is 0.4 / √T, so each tenor is judged against its own anchor and the columns stay comparable.
Every name you follow — pinned symbols, open positions and enabled scanners — priced across all five horizons on one grid. This starts on its own when the screener opens, so there is nothing to select. Richest premium against its own tenor's fair value comes first; sort by any tenor, and click a row to load it into Trade. Green means the option pays more than the stock's own movement justifies, so you are well paid to sell it; red means it pays less than the risk is worth; yellow is fair.
Live term structure for symbols you do not follow yet. Enter up to six at once, separated by commas — 1% yield on one stock can be a very different trade than 1% on another.
Average VAY per sector at each horizon, across the large-cap optionable universe. Cells are shaded against that tenor's fair value, so green is genuinely rich premium rather than just a bigger number.
Every scanned name ranked against its own tenor's fair value. Click a row to load it into Trade.
| Symbol | Sector | VAY | Fair | vs Fair | Yield | HV | IV / RV | Expiry | Spread |
|---|
Black-Scholes pricing for European options: the theoretical premium, all five Greeks, and how each one moves across strikes as expiration approaches.
Set the assumptions and the calculator updates instantly.
Custom = type the inputs yourself. Live = load a ticker from IB, then tweak any field.
Assumes European exercise and no dividends. Theta is per calendar day; vega and rho are per one point of volatility or rate.
Uses absolute delta, so puts are sized by exposure magnitude rather than direction.
Each Greek plotted against the strike price, holding the underlying fixed. Hover for values at a strike, or switch the axis to sweep the underlying and trace one option through price scenarios.
Time value against share-equivalent leverage over the same sweep. Hover to read both at a strike and see where premium is cheapest relative to the exposure it buys.
Compare up to three structures on one price axis. The solid curve is what the position is worth today; the dashed curve is what it settles to at expiration. Every number comes from the same Black-Scholes engine the ticket prices with.
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