Some strategies are more responsive to time decay and/or volatility than others.   This platform has tools to help analyze these components.

  • Construct the position in the Option Chain table
  • Select the ‘Go Big’ icon on the P&L Graph
  • The Graph shows 3 data points: Current Day, Halfway point to Expiration Day & Expiration Day.  The corresponding legend, immediately below the graph, follows the cursor slider along the graph.
  • The bottom of the screen contains a Calendar (Time) & Volatility Scale.  Both can be manipulated to analyze the position.

Time: You can select a date to analyze as well as user stepper buttons to move day by day backward or forward.

Volatility:   Use the volatility slider or enter a value in the entry box to see the impact of changes in volatility.   The slider bar also displays the current (circle), average (gray), and 1 year high / low of implied volatility (orange portion of the slider) for easy reference.