VolRadar

VolRadar is an innovative daily options analytics platform tailored for premium sellers, including traders who engage in strategies like iron condors, credit spreads, cash-secured puts, and the wheel strategy on S&P 500 stocks. The platform aggregates end-of-day options data from ORATS after the US market closes, processes this information through advanced models, and delivers a comprehensive pre-market brief to users. By the time traders start their day with a cup of coffee, they are equipped with insights on which tickers to target for premium selling and which ones to avoid. VolRadar empowers users with actionable data, enabling them to make informed trading decisions quickly and efficiently, drastically reducing research time from 55 minutes to just 30 seconds.

Weather Score

The Weather Score is a composite score ranging from 0 to 100 that informs users whether conditions are favorable for selling options premium. This score is derived from multiple factors, including Premium Edge, VIX, Volatility Trend, Earnings Safety, and Term Structure, providing a quick visual indicator for traders.

IV Rank

VolRadar calculates the Implied Volatility (IV) Rank based on a 252-day lookback of the 30-day ATM IV. This feature allows users to assess the current volatility of a stock relative to its historical volatility, aiding in identifying potential premium selling opportunities.

VRP (Volatility Risk Premium)

The Volatility Risk Premium (VRP) is computed as the difference between the 30-day implied volatility and the 20-day realized volatility. This metric helps traders gauge whether options are overpriced or underpriced, providing critical insights for making trade decisions.

Computed Strikes

VolRadar offers computed strikes, allowing users to set target deltas or target credits for their options trades. This feature simplifies the process of identifying optimal strike prices, enhancing the efficiency of trade execution and strategy implementation.

Daily Trading Decisions

Traders can use VolRadar to make informed daily trading decisions based on the latest volatility data. By checking the Weather Score and reviewing the top-ranked tickers, users can quickly identify the best opportunities for premium selling each day.

Pre-Market Preparation

Before the market opens, traders can leverage VolRadar's pre-market brief to understand which stocks are presenting favorable conditions for selling options. This ensures that they are prepared and can act swiftly once the market opens.

Risk Assessment

With tools like the IV Rank and VRP, traders can assess the risk associated with potential trades. By understanding the volatility landscape, they can make more informed choices about which trades to pursue or avoid based on their risk tolerance.

Strategy Optimization

VolRadar helps traders optimize their options strategies by providing computed strikes and detailed analytics. This enables users to tailor their trading strategies based on current market conditions, maximizing potential returns while managing risks effectively.

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 about options trades on S&P 500 stocks.

How does the Weather Score work?

The Weather Score is a composite indicator that ranges from 0 to 100, reflecting the overall conditions for selling options premium. Factors such as volatility trends and earnings safety contribute to this score.

What types of strategies can I implement with VolRadar?

VolRadar supports various options trading strategies, including iron condors, credit spreads, cash-secured puts, and the wheel strategy, making it versatile for different trading styles and objectives.

Is there a free version of VolRadar?

Yes, VolRadar offers a free tier that provides access to the Weather Score, four calculators, and a basic scanner. Users can upgrade to the Starter plan for additional features and insights.