Performance optimization, strategy charts improvements, and a lot of behind-the-scenes improvements.
Charm and Vanna charts, what-if scenarios cloning, caching market data to database, simplifying the program settings at the first launch after installation.
Lots of improvements last month! We optimized charts, updated the connectors’ status bar, fixed user bugs, and much more.
Merry Christmas and Happy New Year :)
We continue to stabilize existing functionality and meticulously, step by step, implement new, useful features with a single aim: to ease the life of options traders. Take a look at what we accomplished in November.
Introducing our new online application Online OptionWorkshop. Please give it a try! What’s the big idea behind the app? To move into online application all functionality unrelated to real-time market data, actual positions, order execution. It includes, but isn’t limited to options positions modeling, historical data analysis, history of IV curves, ATM IV, spreads IVs, and various scanners.
Revamped the OptionWorkshop licensing system. Now the license is linked to authorization by login and password. Users will be able to work under the same license on multiple computers without having to request a second license from support.
Opened this beautiful bullish spread today.
We have released a new version of the Option Workshop. Main changes are around the FOS (Futures Orders Stairs) feature. We've rewritten it from scratch. Documentation is not updated yet, thus, a brief description of what has changed below.
User parameters of volatility scew lines now can be marked as default to be used for all new charts. In the instrument tree it 's now possible to see instruments, which does not have options. Vertical line showing current price of an underlying asset added to the volatility scew chart.
Main feature in this version is an ability to rotate market data subscriptions, so we can have a quasi-realtime quotes for as much instruments as we want. We also improved stability of the delta-hedger in "discrete by base asset price" regime.
Polynomial volatility model, notifications through Telegram and Market-maker ergonomic improvements
In this update, we’ve added several improvements: copying a strategy with all fills, a new Mnns (moneyness) column that shows the option status, the ability to bind the Charts form with the active (selected) strategy in the Positions manager, the ability to display the P&L chart taking the commission for the fills into account, etc.
The Option Workshop’s version number consists of three parts: the release year, the release month, the build number – the serial number of the program version. Thus, version 17.3.1431 means that the update was released in March 2017, and the build number is 1431. In social networks, we publish short posts about features that will appear in the upcoming updates.
Bear Call Spread. An alternative name is Credit Call Spread. Bearish position. It is a vertical spread involving an equal number of long and short calls on the same underlying asset and with the same expiration date. It is a credit spread, which means you receive money to put on the position. The strategy profits as long as the price of the underlying security remains below the breakeven point.
We've released a small update, which includes only two bug-fixes: The program sometimes hangs when user try to change position price through the Set price button; The program ignores the first line of a CSV file with volatility curve.
We prepared a major update for Option Workshop. Many new features have been added to help our users trade efficiently. In the new version, you can change the position’s opening price, set the commission for the exchange/underlying assets/option series/futures, display the IV curves for several pricing models simultaneously, etc.
Straddle. An alternative name is Long Straddle. Neutral position. It is a combination involving an equal number of long puts and long calls at the same strike price and the same expiration date. It is a debit combination, which means you must pay to put on the position. Buy to open one at-the-money (ATM) call and simultaneously buy to open one ATM put.
Long strangle, poor-man’s straddle. Neutral position. It is a combination involving an equal number of out-of-the-money (OTM) long puts and long calls with the same expiration date. It is a debit combination, which means you must pay to put on the position. The strategy profits when the price of the underlying security moves up or down beyond the breakeven points.