Options intelligence: the greeks, expected move, and strategy, in plain English.
A full options read from a live or sample chain: volatility and skew view, ATM greeks translated to English, the market's expected move, chain liquidity, and the structures worth studying in the current volatility environment. A goal-first builder and a what-if simulator turn it into a teaching tool.
Read the options market
GET /options/intelligence returns a volatility view (ATM IV, skew), ATM greeks for both call and put with a one-line meaning for delta, theta, and vega, chain liquidity, a rough directional lean derived from skew and put/call open interest, and the three-to-five strategies that fit the current IV regime. Expected-move detection reads the ATM straddle per expiry and flags earnings-style kinks in the term structure.
Learn by building and simulating
POST /options/builder is goal-first: pick income, protection, growth, or speculation and get one structure fully analyzed against the live chain with a three-scenario payoff. POST /options/simulate moves three sliders (price, days passed, implied volatility) on a single position and names the dominant force, so it can safely teach the counterintuitive lesson of a call that lost money while the stock rose. A static catalog of a dozen strategies pairs each with a plain analogy and its payoff shape.
- Volatility and skew view with ATM greeks explained in plain English
- Expected move per expiry from the ATM straddle, with event-kink detection
- Goal-first strategy builder: income, protection, growth, or speculation
- What-if simulator: price, time, and IV sliders with the dominant force named
- Compare 2-8 contracts across symbols on normalized risk and odds
- Payoff diagrams and breakevens for any combination of up to six legs
Questions
Does it recommend which option to buy?
No. Every endpoint is explicitly educational: probability and risk framing, payoff shapes, and greek explanations. None of them give buy or sell advice.
Is the options chain real?
It uses Tradier for chains and Polygon for spot when keyed, and falls back to a mock chain, always reporting which provider answered.
What does the what-if simulator teach?
It shows how price, time decay, and volatility each move a position, and names which one dominates, so lessons like 'the stock went up but my call lost money' become visible without real risk.