VolRadar

VolRadar is an innovative daily options analytics platform designed specifically for premium sellers in the options trading arena. Tailored for traders employing strategies like iron condors, credit spreads, cash-secured puts, and the wheel on S&P 500 stocks, VolRadar simplifies the complex landscape of options trading. Every evening after the US market closes, the platform aggregates end-of-day options data from ORATS, processes it through sophisticated models, and delivers a pre-market brief. This enables traders to start their day informed and ready to make strategic decisions quickly. With VolRadar, you can determine which tickers are prime for selling options and which ones to avoid, ensuring that your trading efforts are focused and efficient.

Weather Score

The Weather Score is a comprehensive 0-100 composite score that evaluates various factors, including Premium Edge, VIX, Vol Trend, Earnings Safety, and Term Structure. This score provides traders with an immediate understanding of whether the market conditions are favorable for selling options premium on a given day.

IV Rank

The IV Rank feature offers a 252-day lookback on the 30-day ATM implied volatility (IV). This statistical measure allows users to gauge the current volatility relative to historical levels, helping traders identify when options are overpriced and ripe for selling.

Volatility Risk Premium (VRP)

VRP measures the difference between the 30-day implied volatility and the 20-day realized volatility. This calculation helps traders assess potential profit opportunities by identifying situations where options are trading at a premium due to inflated implied volatility compared to actual market movements.

Computed Strikes

VolRadar provides computed strikes based on target delta or target credit. This feature allows traders to set predefined parameters for their trades, streamlining the process of entering positions and managing risk effectively.

Daily Trading Decisions

Traders can utilize VolRadar to make quick daily trading decisions based on the Weather Score and other analytics. This is particularly useful for premium sellers who need to identify the best opportunities rapidly and efficiently.

Strategy Development

Options traders can leverage the detailed analytics provided by VolRadar to develop and refine their trading strategies. Whether it's selecting the right tickers or determining optimal strike prices, the platform equips users with actionable data.

Risk Management

By providing insights into IV Rank and VRP, VolRadar assists traders in managing risk more effectively. Understanding when volatility is elevated or diminished enables informed decision-making on when to enter or exit trades.

Earnings Season Preparation

During earnings season, VolRadar's earnings-crush analysis helps traders prepare for potential price movements post-announcement. This feature allows users to assess the volatility collapse that may occur after earnings reports, guiding them in their premium-selling strategies.

What is VolRadar?

VolRadar is a daily options analytics platform designed for premium sellers, providing essential data and insights to help traders make informed decisions quickly.

How does the Weather Score work?

The Weather Score provides a quick snapshot of whether market conditions favor selling options premium on any given day, making it easier for traders to assess their strategies.

What types of strategies can I implement with VolRadar?

VolRadar supports various strategies, including iron condors, credit spreads, cash-secured puts, and the wheel strategy, specifically for S&P 500 stocks.

Is VolRadar free to use?

Yes, VolRadar offers a free tier that includes the Weather Score, four calculators, and a basic scanner, making it accessible for traders at all levels.