VolRadar

VolRadar is an innovative daily options analytics platform specifically tailored for premium sellers, including traders who engage in strategies like iron condors, credit spreads, cash-secured puts, and the wheel on S&P 500 stocks. Leveraging institutional-grade data from ORATS, VolRadar provides users with a comprehensive suite of tools designed to streamline the options trading process. Each night, post-market close, the platform aggregates and analyzes end-of-day options data, enabling traders to receive a pre-market brief that highlights actionable insights before the trading day begins. The primary value proposition lies in its ability to deliver a clear and concise "Weather Score," which quantifies market conditions and helps traders quickly identify optimal opportunities for selling premium, significantly reducing research time from over 50 minutes to just 30 seconds. With features that include computed strikes, earnings analysis, and a robust scanner for over 500 US stocks and major ETFs, VolRadar empowers traders to maximize their profits while minimizing risks associated with options trading.

Weather Score

The Weather Score is a powerful composite score ranging from 0 to 100, assessing various factors including Premium Edge, VIX, Volatility Trend, Earnings Safety, and Term Structure. This score quickly indicates whether market conditions are favorable for selling premium, allowing traders to make informed decisions without extensive analysis.

IV Rank

VolRadar calculates the IV Rank based on a 252-day lookback period on 30-day at-the-money implied volatility (IV). This feature helps traders evaluate whether options are relatively cheap or expensive, enhancing their ability to identify premium-selling opportunities.

VRP (Volatility Risk Premium)

The VRP feature provides the difference between the 30-day implied volatility and the 20-day realized volatility. This metric allows traders to assess how much premium can be captured, making it easier to spot lucrative trading setups in the market.

Computed Strikes

VolRadar's computed strikes feature offers traders targeted delta or target credit levels for various options strategies. This tool simplifies the process of identifying optimal strikes, allowing traders to focus on execution rather than extensive calculations.

Identifying Premium Selling Opportunities

Traders can use VolRadar to quickly identify which S&P 500 stocks have the best potential for premium selling each day. The Weather Score and IV Rank help pinpoint high-confidence trades, allowing traders to capitalize on favorable market conditions.

Streamlining Research Processes

For traders accustomed to lengthy research sessions, VolRadar significantly reduces the time spent on analysis. With its automated data aggregation and concise pre-market brief, users can swiftly evaluate market conditions and move directly to executing trades.

Analyzing Earnings Impact

With the Earnings-crush feature, traders can assess how individual stocks are likely to react post-earnings announcements. This enables them to make strategic decisions regarding premium selling around earnings events, maximizing their potential returns.

Risk Management

The combination of VRP and computed strikes empowers traders to manage their risk effectively. By understanding the volatility landscape and having access to pre-filled strikes and risk parameters, traders can construct their options trades with greater confidence.

How does VolRadar collect its data?

VolRadar sources its data from ORATS, gathering end-of-day options data from the US market. This data is processed overnight to provide users with timely insights each morning.

What types of options strategies can VolRadar assist with?

VolRadar is designed for premium sellers, assisting with various strategies such as iron condors, credit spreads, cash-secured puts, and the wheel strategy on S&P 500 stocks.

Is there a free trial available for VolRadar?

Yes, VolRadar offers a free tier that includes access to the Weather Score, four calculators, and a basic scanner, allowing users to explore its capabilities without any commitment.

How often is the data updated on VolRadar?

The platform updates its data daily, around 6 PM ET after the US market closes, ensuring that traders have the most current information to inform their trading decisions.