VolRadar

VolRadar is a cutting-edge daily options analytics platform designed specifically for premium sellers, such as traders executing strategies like iron condors, credit spreads, cash-secured puts, and the wheel on S&P 500 equities. By leveraging advanced models and institutional-grade data from ORATS, VolRadar provides a comprehensive pre-market brief every morning, enabling traders to make informed decisions quickly. This platform scans over 500 US stocks and major ETFs, delivering crucial insights right after the US market closes. With tools that highlight which tickers are worth selling and which to skip, VolRadar transforms the morning research process from a lengthy ordeal into a swift, efficient operation, allowing you to seize opportunities before the bell rings. Empower yourself to optimize your trading strategies and maximize your profitability with VolRadar's intuitive analytics.

Weather Score

The Weather Score is a unique composite score ranging from 0 to 100 that evaluates the current market conditions for selling premium. This score integrates various factors including Premium Edge, VIX, Vol Trend, Earnings Safety, and Term Structure, providing traders with a quick and clear indication of when to engage in premium selling. A high score signals favorable conditions, while a lower score suggests caution.

IV Rank

VolRadar offers an insightful IV Rank metric based on a 252-day lookback on 30-day ATM implied volatility (IV). This feature allows traders to assess whether current implied volatility is high or low relative to historical levels, enabling more strategic decisions on when to enter or exit trades.

VRP (Volatility Risk Premium)

The Volatility Risk Premium calculation presents the current 30-day implied volatility minus the 20-day realized volatility. This essential feature helps traders identify potential opportunities by revealing whether options are overpriced or underpriced, equipping them to make informed trading decisions based on market dynamics.

Computed Strikes

VolRadar’s computed strikes feature offers pre-filled target delta or target credit levels, streamlining the trading process. This functionality allows traders to quickly identify and execute optimal strike prices for their strategies, saving time and enhancing efficiency when placing trades.

Daily Trading Decisions

VolRadar is an invaluable tool for daily trading decisions, providing traders with a fast and efficient way to identify which S&P 500 stocks to target for premium selling. The daily Weather Score and scanner output enable traders to act swiftly, ensuring they capitalize on the best opportunities as market conditions shift.

Strategy Optimization

Traders can utilize VolRadar to optimize their strategies by analyzing various metrics such as IV Rank and VRP. This comprehensive data empowers them to refine their approaches, whether they are looking to execute iron condors or cash-secured puts, ultimately enhancing their profitability.

Earnings Season Preparation

During earnings seasons, VolRadar becomes crucial for assessing the risk associated with upcoming announcements. The Earnings-crush feature indicates the potential for implied volatility collapse post-announcement, helping traders make informed decisions about whether to hold or adjust their positions ahead of earnings releases.

Risk Management

With features like the computed strikes and detailed analytics, VolRadar assists traders in effective risk management. By understanding the volatility landscape and potential price movements, traders can set appropriate strike prices and risk parameters, ensuring they protect their capital while pursuing lucrative opportunities.

What is the Weather Score and how is it calculated?

The Weather Score is a composite score from 0 to 100 that evaluates market conditions for selling options premium. It combines factors such as Premium Edge, VIX, Vol Trend, Earnings Safety, and Term Structure to provide traders a quick assessment of whether it is a good day for premium selling.

How often is the data updated on VolRadar?

VolRadar updates its data daily, typically around 6 PM ET after the US market closes. This ensures that traders receive the most current market insights and analytics to inform their trading decisions for the next day.

Can I access VolRadar for free?

Yes, VolRadar offers a free tier that includes access to the Weather Score, four calculators, and a basic scanner. Traders can start using VolRadar without any credit card requirement, allowing them to explore its features at no cost.

What types of options strategies can I analyze with VolRadar?

VolRadar is designed for premium sellers and supports various strategies including iron condors, credit spreads, cash-secured puts, and the wheel strategy. The platform provides tailored analytics for these strategies, assisting traders in optimizing their approach to options trading.