Help
Print
Trade legs - The first table shows the individual legs and actions to take in order to execute this trade. The direction, option type, expiration date, strike, bid/ask, IV, and Open Interest.
Strategy Price - The next row shows the bid, mid, and ask for the combined option strategy. This is the price you can expect to see to trade the whole strategy at once.
PL Profile on Expiry - This is the profit and loss of the strategy.
Details page
Clicking on the ticker will open a details page on the option trade you found in the scan.
The details page has three tabs:
- Strategy Tab - Analysis of the trade.
- Stock Tab - Has more information about the stock.
- Options Tab - Has more information about the options in the trade.
* on the right of the window you can send the selected trade to our order form for trading and in-depth analysis. Read more here: Trade order form.
The Strategy Tab
The strategy tab is designed to help you understand and analyze the specific trade. You will see the information of the individual legs, the bid/mid/ask of the strategy, and a Profit&Loss chart to help you visualize the trade.
Trade legs - The first table shows the individual legs and actions to take in order to execute this trade. The direction, option type, expiration date, strike, bid/ask, IV, and Open Interest.
Strategy Price - The next row shows the bid, mid, and ask for the combined option strategy. This is the price you can expect to see to trade the whole strategy at once.
PL Profile on Expiry - This is the profit and loss of the strategy.
The X-axis is the stock price and the Y-axis is the Profit or Loss of the expiration at expiry. The black line is the current stock price, the dashed line is the break-even point and the blue lines are the scenarios. Please note that using the scenarios can be very helpful when analyzing the trade with the PL chart. See more here: https://blog.optionsamurai.com/analyse-your-trade-in-the-trade-tab/
The Stock Tab
The stock tab has various information about the stock and a live (20 minutes delayed) technical analysis chart.
Stock information: includes Volume power, 52 weeks high/low, stock performance, PE ratio, analyst recommendation, distance from MA 200, Insider transactions, short ratio, and more. You can see more information in the Filters & Data section or ask us.
Stock chart: The stock chart allows you to see live data of the stock. This model works on mobile, tablet and desktop. Hovering above the chart will show you the prices, and date.
The chart also displays the breakeven line (dashed, black line) and the scenario (blue).
The Options Tab
The Options tab presents data about the options in the trade. It has a data table and a chart comparing the Historical Volatility (HV) and the Implied Volatility (IV).
Options information: include data on the IV and IV percentile (rank), Skew (and percentile), total options volume and total interest, bid/ask spread, expiration, earnings, and more.
The IV vs. HV chart: This chart compares the Implied Volatility and Historical Volatility over the last year. Hovering over the table shows you the values and dates. This is useful for analyzing the options volatility and seeing if options are overpriced or under-priced.
Controlling the IV/HV chart
Another unique feature of Samurai is that you can control the Implied Volatility and Historical Volatility data displayed on the chart. This allows you to analyze the options market on specific assets and find if the options are over-priced or under-priced in your particular time frame.
To access the controls, click the gears icon in the headers.
This will show you the controls. And here are the explanations:
- The delta controls what strike options we will use.
- The time window is synchronized for both IV and HV, and for IV, it contains what expiration we will use.
- The last selector is the option type: Calls and puts, just calls, or just puts.
We use a weighted average of the options to determine the IV for the stock.
Send Trade to trade log.
Clicking on the 'Trade' button will lead you to the trade order form and to the Trade log.
Read more:
- The getting started section: (Knowledgebase)
- Trade order form: (Knowledgebase)
- Trade log overview: (Knowledgebase)
- Trade tab blog post: (Blog)
- Scenario engine: (Knowledgebase)
- Go to Option Samruai - The options Scanner
FROGED