This task can be performed using Strike Price
Help people making a side income trading options
Best product for this task
Strike Price
web3
Strike Price is a mobile and web app that calculates the probability your covered calls or cash-secured puts expire worthless. By blending weighted historical returns, GARCH volatility, intraday noise, and live implied volatility, it runs Monte Carlo simulations to deliver a single assignment-risk score. Track positions across brokers, set smart alerts, and optimize strike combinations to meet custom income targets—trade options with data-driven confidence. Join the community to share insights.!
What to expect from an ideal product
- Uses real market data and volatility models to run thousands of simulations showing how often your covered calls will finish out-of-the-money
- Combines past stock performance with current option pricing to give you one clear percentage chance of keeping your premium
- Tracks multiple positions from different brokers so you can see assignment risk across your entire covered call portfolio
- Sends alerts when market conditions change enough to significantly affect your calls' chances of expiring worthless
- Lets you test different strike prices before placing trades to find the sweet spot between premium income and assignment probability
