VolRadar

VolRadar is an innovative daily options analytics platform tailored specifically for premium sellers, including traders who utilize strategies like iron condors, credit spreads, cash-secured puts, and the wheel on S&P 500 stocks. In a fast-paced trading environment, VolRadar stands out by delivering timely and actionable insights. Each night after the US market closes, the platform aggregates end-of-day options data from ORATS, running it through sophisticated models to generate a pre-market brief. By the time traders start their day with a cup of coffee, they can instantly recognize which tickers present lucrative selling opportunities and which ones to avoid. With a focus on ease of use, VolRadar significantly reduces the time traders spend on research, enabling them to make informed decisions in just seconds.

Weather Score

The Weather Score is a crucial feature that provides a composite score ranging from 0 to 100, helping traders assess whether conditions favor selling premium on a given day. This score incorporates various factors like Premium Edge, VIX, Vol Trend, Earnings Safety, and Term Structure, giving users a quick yet comprehensive snapshot of the day’s market environment.

IV Rank

VolRadar offers an insightful IV Rank, which is calculated using a 252-day lookback on the 30-day At-the-Money (ATM) implied volatility (IV). This feature empowers traders to understand how the current IV stands in relation to historical levels, helping them identify potential premium selling opportunities.

VRP (Volatility Risk Premium)

The VRP feature calculates the difference between the 30-day implied volatility and the 20-day realized volatility. This valuable metric allows traders to gauge whether they can expect to earn a premium, enhancing their decision-making process when selecting strategies to employ.

Computed Strikes

With the Computed Strikes feature, VolRadar provides target delta or target credit suggestions for trades. This functionality simplifies the process of determining optimal strike prices, allowing traders to focus more on execution and less on guesswork.

Daily Trading Decisions

Traders can leverage VolRadar to make daily trading decisions with ease. By simply checking the Weather Score and the top-ranked tickers, they can quickly decide which options strategies to implement, streamlining their trading routine.

Strategy Optimization

VolRadar enables traders to optimize their strategies by identifying the best candidates based on volatility edge. With features such as IV Rank and VRP, users can fine-tune their approaches, ensuring they capitalize on favorable market conditions.

Pre-Market Preparation

VolRadar's pre-market brief equips traders with essential insights before the market opens. By analyzing the conditions and presenting executed setups, users can prepare for the trading day ahead, maximizing their chances of success.

Risk Management

Utilizing the comprehensive data provided by VolRadar, traders can enhance their risk management strategies. By understanding the earnings risk and volatility metrics, they can make more informed decisions regarding trade sizes and exposure levels.

What is VolRadar?

VolRadar is a daily options analytics platform designed for premium sellers. It gathers end-of-day options data and processes it to provide traders with actionable insights, helping them quickly identify lucrative trading opportunities.

How does the Weather Score work?

The Weather Score is a composite score from 0 to 100, indicating whether it's a good day to sell premium. It considers various factors such as market volatility and earnings safety, enabling traders to make quick, informed decisions.

How often is data updated on VolRadar?

VolRadar updates its data daily, typically around 6 PM ET after the US market closes. This ensures that users have the most current information available for their pre-market analysis.

Is there a free version of VolRadar?

Yes, VolRadar offers a free version that includes the Weather Score, four calculators, and a basic scanner. Users can also opt for a Starter plan for additional features at a low monthly cost.