Point to a candle to inspect its price and volume.
COMPARE BEFORE YOU TRADE
Option finder
Screen the selected symbol for a directional practice trade.
Indicative quotes cannot establish fair value. These are research candidates, not buy signals. Missing Greeks, stale quotes, or a closed market prevent a full filter match. Premium budget is the amount you could lose on one long option before fees; exercise can create stock exposure.
Choose a symbol above, then scan. No orders are placed.
What do these indicators mean?
Trend compares the completed daily close with the 20- and 50-day averages. RSI measures recent momentum; it does not predict a reversal. HV20 is annualized volatility from 20 daily log returns. IEX covers one exchange, so these indicators can differ from consolidated charts.
Delta estimates an option’s price response to a $1 underlying move. Theta estimates daily time decay per 100-share contract, with other inputs held constant. IV reflects volatility implied by pricing, not a forecast. Missing values stay blank. IV versus HV is context only: we do not have IV history to calculate IV rank or enough information to label an option cheap.
Spread is (ask − bid) / midpoint. A narrow displayed spread is only one liquidity clue. Open interest, current option volume, earnings, dividends and other events are not checked here; review them independently. Expiration breakeven uses the ask and excludes fees; it is not an exit target or a probability of profit.
Short-dated options can lose value quickly. Daily indicators do not confirm intraday entries. Same-day expiration purchases remain excluded. Defaults are educational and unvalidated: selected expiration window; spread ≤15%; absolute delta 0.35–0.70; calls RSI 40–70, puts RSI 30–60. The server reuses each symbol/direction scan for 60 seconds. Auto refresh pauses in hidden tabs and backs off after failures. No automatic orders.
SPY options
Buy calls or puts. Sell only contracts you already own.
Strike
Bid
Ask
Spread
Cost / contract at ask
Break-even at expiry
Standard contracts represent 100 shares. Break-even excludes fees. You can lose the entire premium paid.
CONTEXT BEFORE A CONTRACT
News & events
Check what changed, when it happened, and whether price already reacted.
Headlines are provider reports, not verified trade signals. A story published after the close may describe an older event. Open the source, confirm the event date, and check the price reaction before changing your plan. No sentiment or buy/sell score is assigned.
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Your open positions
Values are estimates; the price you can close at may differ.
Instrument
Quantity
Average paid
Mark
Value
Unrealized P/L
Trade journal
Your reasoning, stored alongside each order. Most recent 250 entries.
Date
Trade
Fill
Strategy / reasoning
Status
Realized P/L
Broker orders
Latest 100 Alpaca paper orders. Refresh to retrieve their current status.
Instrument
Side / quantity
Limit
Filled
Status
01 · READ
Build a trade idea
A candle shows the open, high, low and close of one trading day. The bars below show volume. The 20-day average smooths price to help you see a trend.
Strategy checks use completed daily candles in connected mode. They are educational filters, not buy recommendations.
02 · PRACTICE
Define the risk
A long call benefits from rising prices; a long put benefits from falling prices. Both can lose value as expiration approaches. A correct direction alone does not guarantee a profit.
Start with the dollar premium: quoted price × 100 × number of contracts. The payoff view shows expiration only, not today’s option value.
03 · REVIEW
Learn from the record
Write why you entered, what would invalidate your idea, and when you intend to exit. Review losses as carefully as wins.
Sample data is generated, not historical. Its instant fills, simplified option model and cash settlement cannot validate a strategy. Real equity options can exercise into shares.