Option Tool is an interactive Streamlit-based application designed for options traders. It offers a comprehensive analysis of various options trading strategies, providing insights into potential payoffs and risks. The application allows users to simulate different market conditions and option combinations, aiding in informed trading decisions.
- Dynamic User Input: Users can input key parameters such as the underlying stock price, its standard deviation, and details for multiple option combinations.
- Payoff Calculations: The tool calculates the payoff for each option combination across a range of stock prices at expiry.
- Interactive Payoff Diagram: Visualize the net payoff with an intuitive Plotly graph, highlighting the range of standard deviation and key financial metrics.
- Financial Analysis: Computes the total cost of entering the position, maximum gain, and potential maximum loss.
- Strategy Inference: Provides insights on whether a strategy is bullish, bearish, or neutral, and advises on investment decisions.
- Streamlit: For the user interface, ensuring ease of use and interactivity.
- Plotly: For creating detailed, interactive charts for data visualization.
- Numpy: Powers the underlying calculations for payoffs and financial metrics.
To run this application locally, follow these steps:
- Clone the repository: git clone https://github.com/TheMultivariateAnalyst/DOP_pricing_tool.git
- Navigate to the project directory:
- Install the required packages:pip install -r requirements.txt
- Run the Streamlit app:streamlit run app.py
This tool is intended for options traders looking for a detailed analysis of their trading strategies. It allows for the simulation of different market conditions and provides a visual representation of potential outcomes.
Contributions to this project are welcome. Please follow these steps to contribute:
- Fork the repository.
- Create a new branch (
git checkout -b feature-branch). - Make your changes and commit (
git commit -am 'Add some feature'). - Push to the branch (
git push origin feature-branch). - Create a new Pull Request.
This project is licensed under the MIT License.
- Powered by ToxicVolt
- Special thanks to all contributors and users of this application.
For more information or to contact the developer, please visit TheMultivariateAnalyst's GitHub Profile.