The pre-sector temporary at eight:thirty AM ET sounds quite realistic for fast paced traders. So how exactly does the VRP ranking cope with earnings period when IV has a tendency to spike artificially? Do you filter All those tickers out mechanically?
This causes it to be a great tool not merely for knowledgeable traders but also for many who are still Studying and need to develop a further knowledge of volatility and options methods by means of practical software.
This is a really neat and appealing tool and it could help give General data when to look for a trade or to not trade Exactly what is the info / information of the prices staying pulled from and how precise can it be ?
Envisioned transfer — all intervals (1d–65d)1σ range from ORATS IV — dimension positions and set targets with precision
— A VRP-dependent rating throughout S&P five hundred so I am not merely chasing superior IV (which may be a lure when understood catches up).
The Climate Rating Appears exciting — could be the sign calibrated to current regime only, or does it account for volatility term construction (like VIX9D vs VIX)? Wanting to know how it handles transitions from minimal-vol to large-vol regimes where historical IVR lookbacks can mislead.
The workflow was gradual and inconsistent — on choppy months I'd communicate myself into trades that didn't actually have edge. I wanted three items:
The Climate Rating thought is clever — using a single 0-one hundred sign that lets you know no matter if to provide top quality at all is exactly the type of filter that forestalls expensive blunders on lower-edge times.
“The earnings gate saved me from a undesirable TSLA put very last month. That one particular averted loss coated my Starter subscription for any calendar year.”
— A VRP-based mostly position throughout S&P 500 so I'm not only chasing large IV (which can be a trap when recognized catches up).
VolRadar is actually a day-to-day options analytics platform for quality sellers — traders managing iron condors, credit spreads, money-secured puts, and the wheel on S&P five hundred names.
— Pre-computed limited strikes Therefore the 1SD/2SD math just isn't redone for thirty tickers every single early morning. Designed the main Edition for myself through 2024, ran it via a full earnings period, then saved introducing pieces that really transformed my buying and selling — the scanner, the wheel tracker (cost basis via assignment issues a lot more than most tools acknowledge), the pre-market place transient.
— Pre-computed limited strikes And so the 1SD/2SD math just isn't redone for thirty tickers every early morning. Designed the first version for myself by way of 2024, ran it via a entire earnings time, then kept including parts that really modified my investing — the scanner, the wheel tracker (Expense basis as a result of assignment issues much more than most resources confess), the pre-current market short.
What I would enjoy to grasp: how are you presently handling the earnings calendar overlap? Which is exactly where IV rank will become truly deceptive and I'd imagine it is the trickiest edge circumstance to have suitable within the scanner.
You sit down at 9 AM. 9 tabs open. IV charts on TradingView. Earnings calendar in A different tab. VIX in a third. You're striving to make your mind up: is currently a good working day to sell premium, or should I sit on dollars?
The Climate Rating sounds exciting — could be the sign calibrated to present-day routine only, or does it account for volatility time period structure (like VIX9D vs VIX)? Wanting to know the way it handles transitions from very low-vol to significant-vol regimes where historic IVR lookbacks can More info mislead.