Options Strategy Advisor

Overview

This skill provides comprehensive options strategy analysis and education using theoretical pricing models. It helps traders understand, analyze, and simulate options strategies without requiring real-time market data subscriptions.

Core Capabilities:

• Black-Scholes Pricing: Theoretical option prices and Greeks calculation
• Strategy Simulation: P/L analysis for major options strategies
• Earnings Strategies: Pre-earnings volatility plays integrated with Earnings Calendar
• Risk Management: Position sizing, Greeks exposure, max loss/profit analysis
• Educational Focus: Detailed explanations of strategies and risk metrics

Data Sources:

• FMP API: Stock prices, historical volatility, dividends, earnings dates
• User Input: Implied volatility (IV), risk-free rate
• Theoretical Models: Black-Scholes for pricing and Greeks

Prerequisites