Option Payoff

Overview

If you’re looking to better understand the world of options trading, an Option Payoff visualizing tool can be a game-changer. With this tool, you can create various strategies and visualize their payoff as they would materialize on the expiry date. It gives traders the ability to input key factors like “Buy/Sell”, “Strike Price”, “Premium”, and “PE/CE” (Put/Call) to sketch out potential outcomes. The ability to save these strategies to local storage adds a layer of convenience, allowing users to modify and revisit strategies with ease.

In the future, the addition of a “Days to Expiry” input is anticipated, which should provide even deeper insights and potentially widen the range of strategies that can be visualized, such as “Calendar Spreads”. This tool is designed for both beginner and experienced traders looking to navigate complex options strategies with clarity.

Features

• Edit/Delete Option Legs: Easily modify your strategies with the option to edit or delete individual legs using intuitive buttons.
• Select/Unselect Option Legs: Manage your options strategies flexibly with checkboxes for quick selection or deselection of option legs.
• Save Strategies: Save your customized strategies for future use or overwrite existing ones with your modified versions.
• Local Storage Persistence: Enjoy the convenience of retaining your saved strategies across sessions with local storage support.
• Hash Routing: Easily access specific strategies via URL without encountering 404 errors, ensuring smooth navigation.
• Numeric Input Range: Input values are limited to a practical range, ensuring that all scenarios are realistic and applicable.
• Recent Updates: State management has been upgraded to Redux Toolkit for more efficient handling of your strategies.
• Upcoming Features: An exciting number of contracts input and zoom functionality for the chart are set to enhance user experience further.