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Optionomics
For people who sell options

Know what you are selling.

Collecting premium works right up until the day it does not. Whether what you are being paid is genuinely generous, which side the market is charging more, and which price level the money will defend are all on screen before you write the contract.

Delta opens the analytics · Vega adds strategy testing

One stock, one day, every contract
640 630 620 610 600 590 580 570 Spot 604 Strike Sep 05 Sep 19 Oct 17 Jan 27 Open interest high
Prices down the side, expiry dates across the top. Every reading on this page is a different way of looking at this grid.
Rich?
Is the premium actually good?

Generous compared to what?

A volatility reading of 42 means nothing by itself. It only means something against where this stock has been, at this sort of expiry, in this sort of market.

Compared to its own history, not to a number.

Every reading here is measured against that stock's own record — fifteen years of it — so when we say options are expensive, there is a distribution behind the claim rather than a feeling. You see where today sits in that range, not just today's figure.

Two more readings finish the picture. One tells you whether the expensive part is at your expiry date or somebody else's. The other tells you which side — the up bets or the down bets — the market is charging more for, which is usually the side people are frightened of.

See the numbers
Where today sits in each stock's own record
$10M print Index · SPY 62nd percentile — an ordinary afternoon Small cap 99.8th percentile — the largest it has seen $100K $1M $10M $100M Premium, log scale · trailing 60 sessions
Which side is being charged more
And at which expiry dates — today, and across the whole fifteen years, so you can see whether the current shape is unusual.
Where the crowd is stacked up
The prices with the most contracts still open, and the level the market has a financial reason to pull toward as expiry approaches.
Where a move gets amplified
The prices at which the people on the other side of your trade are forced to hedge — which is where a small move can turn into a large one.
The whole surface at once
Every expiry and every strike in one picture, and the same picture for any day in the past.

Price it first.

Delta opens the numbers, the history and the builder. Gamma adds the live trades and the alerts that watch your levels for you.

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