Strikes: Options Paper Trading

Features Strikes: Options Paper Trading

CALCULATOR:Analyze the likely outcomes of options strategies using a real-time calculator and strategy-builder:a) Performance metrics: Probability of Profit, Max Gain &Min/Max Lossb) Risk metrics.
The so-called “Greeks”: delta, gamma, theta, etc.c) Strategy builder.
Generate options strategy based on expectations about the price move.CALENDAR OF KEY EVENTS:Keeping track of upcoming important events that are likely to have a significant impact on prices:a) Earnings calls.
Affect virtually all listed companies.
Stock prices tend to significantly fluctuatedepending on whether the results were better/worse than expected.
Options prices almostalways tumble post-announcement due to the decrease in uncertainty.b) FDA decision announcements.
Potential make-or-break event for pharmaceutical companies.The effect is more pronounced for smaller firms that have higher dependency on that particulardrug/treatment that’s being reviewed by the FDA.c) SPAC-related events.
SPACs (Special Purpose Acquisition Companies) have a set of scheduledevents that could drastically affect the future of the company.MARKET VIBES/SENTIMENT:By analyzing the options prices, we can cut out the noise and uncover what the market actually feels,not what the analysts say:a) Stock/ETF price direction.
By measuring the so-called implied volatility skew we can identifywhether market is valuing more calls or puts, and as such determine which move is likelier: upor down.b) Move magnitude.
By analyzing options prices we can judge the expectations about the move:the higher the options prices the larger is the expected move.c) Future volatility.
By analyzing options prices of different maturities (expiration dates) we candetermine whether the market expects volatility to subside or increase in the future.DISCLAIMER:Options trading involves a high degree of risk and is not suitable for all investors.
Strikes is not aregistered investment advisor.
The calculations, information, and sentiment in this app are foreducational purposes only and do not constitute investment advice.
Calculations are estimates and donot account for all market conditions and events.