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More tools to analyze the earnings trades: www.art-of.trading


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Posted

Hello @Christof+.  Would it be possible to add EL?  Q4 earnings are confirmed for Aug. 20/18 before market open.  Thank you in advance.

Posted (edited)
5 hours ago, poseidolginko said:

Hello @Christof+.  Would it be possible to add EL?  Q4 earnings are confirmed for Aug. 20/18 before market open.  Thank you in advance.

 @poseidolginko, done. Let me know if you find more (are again on holiday this week, so might take a day or so)

Edited by Christof+
  • 2 weeks later...
  • 2 weeks later...
Posted

The ssl certificate of art-of.trading expired last night (just to let you know. I got quite a lot of mails already, thanks for that).

A new one should have been automatically issued and deployed to the server yesterday. That did not work. I complained already this morning. My hoster promised on the phone to fix it within 24h.

Meanwhile, just accept to visit an 'unsecure' site in your browser and add an 'exception'. Nothing else has changed.

Posted

Thanks @Christof+.  Hadn't noticed the SSL certificate thing since a day or two ago, but it seems to have been corrected.  Would you also be kind enough to add the following symbols:  MKC, CEO?  Thank you in advance.

  • 1 month later...
  • 3 weeks later...
Posted

@poseidolginko, I can see also in my data that the date is already flagged as 'confirmed'. So it should be visible on the website within the next hour or so, after this update cycle is done. Will recheck...

  • 1 month later...
Posted

Will take advantage of the trading free day today and start some IP rearrangements.

Until worldwide DNS entries have updated it will take max. 24h. Hence, depending on where you are located it might take a little while until the site is reachable again. Sorry for the short notice.

Posted
2 hours ago, Christof+ said:

Will take advantage of the trading free day today and start some IP rearrangements.

Until worldwide DNS entries have updated it will take max. 24h. Hence, depending on where you are located it might take a little while until the site is reachable again. Sorry for the short notice.

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Posted

@krisbee this is expected. When you 'proceed to www.art-of.trading' you will get a 'domain not configured' error. It will come back by itself.

  • 1 month later...
Posted

@equus Thanks! Not sure if this will be of much value. But tf there are more people who would like it to have it that way we can do it.

Posted

The second decimal place feels quite blunt when looking at symbols with low RVs, for example 0.25%. Having that extra decimal place and therefore resolution might be helpful in such charts. Perhaps an option to switch on and off?

Posted

@equus for now all newly calculated values (all 'cycles in the making') should show up with 3 decimal values from now on. Will recalculate historical values at some point.

  • 2 weeks later...
Posted

@Christof+ Thank you for the great tool! I have a quick question about the IV rank in your table as the definition is not at the bottom of the chart yet. What is it being ranked against and at what time period?

image.png

Posted

@pboongird IV rank is intended to give you a feel for how high IV is at the moment in relation to the range the IV was in over the last year. It basically gives you the percentage value of where IV stands in this range at the moment (0 is the bottom or minimum of this range, 100% the top). Putting it in a formula you would write

(actual IV - min(IV)) / (max(IV) - min(IV)) .

 

Also option sellers like to look at this number much, since high IV rank indicates high option prices in relative terms. While it is quite intuitive and around since long, I think it gained much of its popularity with TastyTrade propagating its use.

Posted
8 hours ago, Christof+ said:

how high IV is at the moment in relation to the range the IV was in over the last year

Please let me ask a follow-up question to clarify my understanding. For the FOSL case highlighted in the table, you would use the actual IV of its options (12-02-2019 expiry) and the minimum IV for the duration dated back 1 year (or from 12-02-2019 to 12-02-2018 period) plugged into the formula given to come up with the IV rank percentage?

 

Posted

@pboongird conceptually it is even simpler: for the implied volatility you take a theoretical value with a constant time to maturity of 30 days (similar like the VIX). That makes values comparable. You intrapolate it I think from the four existing most ATM and most around 30 days TTM which are actually traded. So the maturities constantly keep changing over time. For the range you simply look at the time from one year back until yesterday.

  • 2 weeks later...
Posted

@Christof+ - I have one request on your RV graph... I am wondering if it would be possible for you to help adjust the size of the line graph of the next expiry cycle to be a bit bigger/thicker? For example, it would be similar to the one highlighted in yellow below. Currently, only the Average RV line get all the attention (bold) but the cycle that should get our attention the most is very difficult to see. It doesn't need to be as thick as the Average line but should be a bit thinker or highlighted so we don't have to strain our eyes? It would be even better if you could have a big dot at its tail as a current time mark so we can easily see where the price is currently. It would be a great help to someone like myself that already have to wear a prescription glass all my life. Thank you for your consideration. B-)

PS. could you please add MDB to your database as well?

image.png

 

Posted

@pboongird Thanks for your message. I have added MDB.

 

You know that you can easily display the current line only by double clicking on the legend entry for that line? Doing another single click on another line will add that line back to the graph as well (here the average as an example).

 

image.png

 

  • 1 month later...
Posted

Hi @Christof+.  The "Upcoming Earnings Announcements" page on your site is blank.  Would you be kind enough to fix that please?  Thanks in advance.

Posted

@Christof+ the graphs are blank for me as well. Tried it from a few computers/browsers so don't think it's an issue with my browser. 

Posted

Scratch that, working now. Thanks so much for building this awesome tool! 

Posted

Guys, I see what went wrong. But I will need a little time to fix it. Will take the page offline in the meantime.

Posted

@poseidolginko @tucker ok, now all should be back to normal. Site is back online (believe it, I just had overwritten parts of the database! Stupid mistake. And I thought this will never happen to me ... mama mia).

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