Bollinger Bands Backtests
Bollinger bands are a technical indicator that creates an envelope around the stock price. The bands are measured by the stock price's standard deviation. When the stock price breaks through the envelope, we say that the stock is overbought or oversold.

We've run backtests on this and saw that this technical indicator has an edge. We've published the results in our blog and built backtests and predefined scans that you can use to take advantage of the edge in your trading.

Read more in our blog:

New Feature
Credit Card Processors Migration

We are changing our Credit Card processors to provide better service for our clients. This change is on our backends; you don't need to do anything, and this process should be finished by the end of the month.

We apologize for the rare cases where you might receive an email or notification about this switch. Feel free to contact us via email or chat; we will assist you as soon as possible.
Options Strategies for Rising and Falling IV
We are in the midst of the earnings season, and while we do see movement in specific stocks, the market's IV has fallen and is around its long-term average.

We've published two articles on our blog on strategies to profit if you believe the IV is about to rise (Profiting from a High Volatility Option Strategies) or fall (Designing a Good Low-Volatility Option Strategy).

Depending on your market outlook, these blog posts can educate you on different options strategies, explain when to use them, and help you find ideas for trading using our platform.  
Low-risk income strategies
After five months of upward movement in the main indexes, the market has weakened in the last weeks. While the U.S. economy is still strong, the market movement was extreme to the upside, so it makes sense to take a breather or even correct.

As investors ourselves, we are currently favoring limited-risk strategies. We believe the potential for adverse surprise is higher than the market is pricing. We've written about these strategies in our blog, and you can read it here:
New Version
Samurai Q1 2024 version

It's the end of March, and it's time for the Q1 2024 version!

We continuously improve our platform and listen to your requests in order to keep Samurai the best platform for options investors and help you keep your edge in the market.

For this version, we've made considerable improvements to the scanner in anticipation of our custom strategy scanner. We've improved the home page to be more 'card'- based and added breadcrumb-based navigation to help you quickly dive in and out of the results without losing context and information. Additionally, we've added more Excel templates and new data points, improved the platform, and crushed bugs.

In this version:
  • A new dashboard for the scanner
  • Breadcrumb-based navigation
  • Reverse DCF Excel suite
  • Improved ATR vs. Strike
  • Bug fixes and improvements

Read more on our blog.

New Feature
Two New Excel Templates
The ability to gauge the company valuation on your own is invaluable. Being able to do it quickly will allow you to add this to your investment workflow and also react quickly to earnings events.

Our Reverse Discounted Cash Flow (DCF) model templates help you do just that in minutes. With our templates, you get an initial valuation of a company in minutes, and from there, you can decide your next step.

Last month, we added a new template to allow you to calculate the company valuation using reverse DCF. This month, we've added two more templates to help you accomplish more:
  • You can compare several companies to find the leaders and laggers in an industry using this template.
  • You can find the company valuation and then integrate it with an options strategy using this template.

As always, these are Excel templates, so feel free to download them and customize them to your needs.
New Feature
New Excel Template - Reverse DCF
Know if a company is expensive or cheap in minutes!

The Reverse Discounted Cash Flow (DCF) model is a financial valuation method that involves working backward from a company's current stock price to estimate the implied future cash flows and growth rates expected by the market. Instead of projecting future cash flows and discounting them to present value, the reverse DCF model uses the current stock price and market assumptions to infer the implied expectations about a company's future financial performance.

The main benefit of this model is that it can be very easy and fast to use. This means you can get your own idea of a company's worth in a few minutes without relying on others or financial media.

We've created an Excel template and a blog post to help you automatically analyze stocks to save time and find potential mispricing in the stock.

Read the blog post to learn more about the template: Unlock Financial Insights in Minutes: Your Reverse DCF Excel Template.

Download the template.

Trading Earnings - Educational material

As the market gears up for another earnings season, it's time to sharpen our trading tools and navigate the twists and turns that lie ahead. Recently, we've added educational material to our blog to help you trade during earnings announcements. Whether you're a seasoned trader or just dipping your toes into the options pool, we hope to help you make informed decisions and enhance your returns.

The blog articles:
  • Do Options Lose Value After Earnings? The article explains the IV crush phenomenon and that options typically lose value after earnings, especially if the company's news falls below market expectations. The closer the option maturity date is to the earnings announcement, the greater the event's impact on its value.
  • The article "Using the Iron Condor Earnings Strategy for Profitable Options Trading" discusses the pros and cons of Iron Condor and balancing risk and reward - especially around earnings events.
  • Little-Known Tips to Design a Pre-Earnings Option Strategy: The article discusses various approaches to capitalizing on expected earnings by trading before the event. The article discusses the strategies: diagonal call spreads, calendar call spreads, and long straddles that aim to benefit from price swings, IV crushes, and speculation premiums before earnings announcements.
  • The article "Navigating Earnings Season: An Overview of Earnings Option Strategy" provides insights into common earnings option strategies, including long straddles, short straddles, short strangles, and iron condors, empowering traders to make informed decisions during earnings season and potentially enhance returns.

Our scanner has visual cues for upcoming earnings, and this help article describes the filters and trade examples you can use.

Stay tuned as more updates are coming soon 🚀🚀.

New Feature
Option Samurai: Faster and Better Than Ever
We have updated our infrastructure and UI kits to provide faster and better results for your options trading. This update will also allow for better mobile support and will allow us to support better future improvements and features that we have planned for you.

We are working hard on our Q1 version that will launch in March. Happy trading! 🙌
The 2023 Annual Review
As 2023 is coming to an end, we want to take some time to reflect on what we've accomplished this year (and it was a lot 😉 ).

On the macro front, this year, we saw a bullish trend that increased the interest in the stock market, and once again, we saw bullish sentiment in comments, stories, risk-on assets (such as Bitcoin), and more. The main indexes rose about 20% and are again around the 2021 levels, but with different stocks leading the markets.

Looking back at 2023, we showed up daily to improve Samurai and help our clients succeed. As traders ourselves, we think that it's important to show up and improve constantly. We are happy to apply it to our trading and our product.

Here are the main features we've added this year:
  • Live UI Update - an improvement to our backend and frontend systems to provide a better scanning experience.
  • Open Interest Report - a unique report that shows the open interest on each asset and helps see how options traders position themselves in the market.
  • Implied Volatility vs. Historical Volatility Analysis - You can control the IV and HV graphs to find overpriced/underpriced options according to your time frame.
  • More improvements to our products and offerings - see post for more information.

We are happy with what we achieved this year and excited about what is coming in 2024. Read our blog post to learn more about our improvements and how they help you trade.