OptionPosition+ vs Options Trading Calculator

OptionPosition+ Version 4.1 OptionPosition+ is a financial analysis App that estimates the value of a set of shares and put and call options for a particular stock. It allows the investor to explore various option hedging positions and create a portfolio that is sensitive to price and volatility fluctuations or that provides protection for various concerns. OptionPosition+ graphically illustrates the value of put protection, covered calls, call spreads, time spreads, delta neutral skew trades, iron condors, etc.. Further information is available at https://www.optionposition.com OptionPosition+ comes with an initial one month subscription period that provides access to data on most stocks listed on the NYSE and NASDAQ and certain indexes (i.e. NDX, NQX, XND). After this one month subscription period you may purchase an auto-renewing subscription through an In-App Purchase. (If you do not maintain a subscription you can only access stock and option data for AAPL.) • Auto-renewable subscription • 1 month ($2.99), 2 month ($4.99) and 3 month ($5.99) durations • Your subscription will be charged to your iTunes account at confirmation of purchase and will automatically renew (at the duration selected) unless auto-renew is turned off at least 24 hours before the end of the current period. • Current subscription may not be cancelled during the active subscription period; however, you can manage your subscription and/or turn off auto-renewal by visiting your iTunes Account Settings after purchase. • Privacy policy and terms of use: https://sites.google.com/site/kramerkramersoftware/ OptionPosition+ Features: • delayed stock and option prices for all available strike dates and strike prices (delay varies from 0 to 20 minutes) • remembers 30 different portfolios each with 6 assets: ..........puts, calls, shares or child portfolios ......................child portfolios can have different underlying stock ......................child portfolios have correlated price ..........long, short any quantity ..........all listed strike dates ..........all listed strike prices ..........e-mail to anyone • Black-Scholes equation used to determine implied volatility and future value of put and call options • graphically displays Gain/Loss, Delta, Vega, Theta or Gamma as a function of stock price: ..........now (see black lines below) ..........at any future date up to the earliest strike date (see red lines below) ..........at assumed higher or lower volatilities (see green lines below) ..........with a changing price correlation to child portfolios included as an item/hedge • graphically displays the probability of future stock prices and the probability of future option portfolio Gains/Losses based on current put/call straddle prices • graphically displays the Volatility Smile for any expiration date • scales on the graph are continuously adjustable with one and two finger moves – easily zoom in or out • tap on the graph to show the X,Y value at a point and the value of the curves at that X value • diagnostics table shows all Greeks and lets you easily create a Delta neutral portfolio • 3 month US dollar LIBOR used for risk free interest rate • incorporates predicted dividend payments into the Black-Scholes calculations without making a ‘fixed dividend rate’ error in Delta Screen shots: For an explanation of these option positions, and more, see our website www.OptionPosition.com. Screen shots shown below (for both iPhone and iPad): 1) Gain/Loss for a Put Protection in AAPL 2) Gain/Loss graph for an Iron Condor in AAPL 3) Assets (iPad includes Diagnostics) for the Iron Condor in AAPL 4) Delta graph for the Iron Condor in AAPL 5) Probability of the value of the Gain/Loss for the Iron Condor in AAPL 6) Volatility Smile using data source A

The Option Trading Calculator is an essential tool designed for investors who engage in options trading. This comprehensive application simplifies the complexity of options trading by providing an easy-to-use interface that helps you calculate the potential profits and losses of your trades. Whether you're a beginner or a seasoned trader, the Option Trading Calculator is tailored to improve your trading efficiency and accuracy. Key Features: 1. Support for Multiple Trading Strategies: Long Call: For those betting on stock price increases. Long Put: Ideal for predictions of a decline in stock prices. Covered Call: Offers an opportunity to earn income on your existing stock holdings. Cash Secured Put: Useful for those looking to potentially buy stock at a lower price while earning premium. 2. Intuitive User Interface: The app features a straightforward layout where users can easily select their desired options trading strategy. A clean design ensures that you can navigate through the app without any hassle. 3. Detailed Input and Calculation: All you need to do is choose your strategy and input the appropriate numbers such as strike price, stock price, premium, and expiry date. The app takes care of the rest by calculating various key indicators that are crucial to your trading decision. 4. Comprehensive Profit and Loss Information: The app provides detailed insights into credit received, realized gains or losses, unrealized gains or losses, and total profit and loss (P&L) for each trade. This information is vital for assessing the effectiveness of your trading strategies. 5. Projected Annual Returns: It calculates estimated yearly credits and gains, giving you a broader perspective on the potential annual outcomes based on your trading activities. This feature is particularly useful for long-term planning and strategy adjustments. 6. Educational Resources: For those new to options trading, the Option Trading Calculator includes educational resources that explain various options strategies and terms. This feature is designed to enhance your understanding and confidence in options trading. Benefits: - Time-Saving: Quickly calculates potential outcomes without the need for complex manual calculations. - Accuracy: Reduces the chances of error in calculations, providing more accuracy in your trading decisions. - Convenience: Accessible anytime and anywhere, perfect for traders who need to make quick decisions based on the latest market data. - Strategic Trading: Helps in planning and executing trades more strategically by providing all necessary information at your fingertips. Examples: 1. Buy SPY $515 Call (26d) for $11.25 - Current Price: $520.84 - Expected price at Expiration: $530 - Initial Investment: $1,125 - Break Even: $526.25 - Profit & Loss: $375.00 (33.33%) 2. Buy TSLA $160 Put (33d) for $4.6 - Current Price: $168.47 - Expected price at Expiration: $150 - Initial Investment: $460 - Break Even: $155.40 - Profit & Loss: $540 (117.39%) 3. Sell AMD $165 Call (33d) for $3.06 - Average Cost Per Share: $145 - Current Price: $151.92 - Expected price at Expiration: $160 - Initial Investment: $14,500 - Break Even: $141.94 - Credit Received: $306 (2.11%) - Unrealized Gains: $1,500 (10.34%) 4. Sell TQQQ $46 Put (26d) for $1.51 - Current Price: $51.69 - Expected price at Expiration: $45 - Initial Investment: $4,600 - Break Even: $44.49 - Credit Received: $151 (3.28%) - Realized Loss: -$100 (-2.17%) - Total P&L: $51 (1.11%)