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Christof+

Chartaffair.com - RV Charts & Backtesting for Steady Options

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Hi,

Is it possible to have the graphs smart phone friendly? When accessing the website on my phone and the graphs are smooshed and couldn’t really get to the graphs correctly displayed. Maybe I’m not getting the settings correctly? Thanks!

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Hi @Gen88 Thanks for your message and welcome!

Yes, I can look further into this. What phone are you using? When trying now with my Android device I can access the graphs without problems (though zooming within the graphs and hiding individual cycles is admittedly a bit tedious).

Interactive graphs are generally difficult on mobiles. Apart from that the website should be very mobile friendly on any OS.

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Thanks for the quick response. I use iPhone. Usually when I open up a ticker and go down the page the graphs is not showing but is all aligned to the left. I try to orient the phone couple times to show the graph but a bit sticky on the graph changes.

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@Christof+ Can you check your software earnings dates sources?  NFLX 2019 Q4 earning date was confirmed Dec 13 AM (I received an email from their investor relations) but your sources still list unconfirmed.  Hence, your software is providing the incorrect RV graphs.

Thanks

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There are several updates during the day (in this case however I had stopped automatic updates for the part doing the website, to do some work, and did not switch it back on).

 

Emails run independently. Currently they are sent before each trading session at one of the points when all data has been picked up and processed from vendors. For now they are generally only sent on days which have a trading session to prevent spamming.

 

I am always thankful if you let me know (also by PM, mail or feedback button) when you detect obvious problems or a missed update.

Edited by Christof+

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I was just made aware this morning that the database connection on the webserver is down and currently data on the site is not accessible. 

The server is run by my webhosting company, so unfortunately nothing I can solve directly by myself. But I am in contact with their support and hope to resolve the issue before the start of today's trading session. Sorry for that!

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Is there any tool where can I see a option price chart in real time?

For example, if I select AAPL March 27 $230 Call

It shows a chart where I can see how changes the price of that option.

 

image.png

 

Thanks in advance!

 

 

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@dorgis87   What broker do you use?   Most trading platforms such as TOS let you graph out option prices over time.   If you are in the option chain in TOS you can right click on the bid or ask price and choose "send to red" and then if your chart is linked to red color it will graph that option's price over time.    There are a few other ways to do it but I find that easiest.  

 

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On 3/22/2020 at 10:05 PM, FrankTheTank said:

@dorgis87   What broker do you use?   Most trading platforms such as TOS let you graph out option prices over time.   If you are in the option chain in TOS you can right click on the bid or ask price and choose "send to red" and then if your chart is linked to red color it will graph that option's price over time.    There are a few other ways to do it but I find that easiest.  

 

Hi Frank

your send to red works like charm.

Do you know how to chart calendars / straddles on tradestation or tradehawk, too?

thank you for your help.

Dirk

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Hello, I just subscribe the service of Chartaffair.com, but sorry that I cannot understand of RV straddle chart though I tried to read the forum of <RV Charts : Volatilityhq.com Official Thread> and <Tools To Analyze The Earnings Trades>  which I hope I could get some hints:

              Basically the RV (relative value) chart displays the RV of a straddle or a calendar, and helps determine how cheap/expensive a strategy is compared to previous cycles.

              RV straddle = straddle price / stock price

              RV calendar = calendar price / stock price

colour tap (the 1st picture)

Regarding the colour tap, I would like to take 1st & 2nd lines shown the screencapture as an example:

      - 20.47% 154.32 (VIX 37.7%) : 2020-4-29 W

      - 17.14% 3.65 (VIX 23.5%) : 2010-8-4 W

How do I interpret those data mentioned above?

- I guess 20.47% & 17.14% = straddle price / stock price, but what is the meaning of the figure  "154.32 & 3.65"?

the data in gray colour shown right column (pic 2)

Regarding the data in y axis right column, I would like to take the 1st, 2nd and 3rd  lines shown the screencapture as an example:

       - Mean : 19, 14.93% <--- What do it mean?

       - 2020-07-21 Tue (exp: 20-08-21, 23 d) <--- It believe 2020-07-20 is the day before next earning, but why it show 23 days while other lines showing 7 days (which I choose 7 expiry after earnings)?

       - why each line (green, red, pink, and purple) start from different points?

What meaning should I get from the graph?

SORRY that I might ask a questions too basic to answer, but I did try to read different posts and hope I can understand the conversation. Unfortunately, I cannot grasp the idea...

Thank you for your help in advance.

 

 

Screenshot 2020-06-07 at 8.19.08 PM.png

Screenshot 2020-06-07 at 9.22.59 PM.png

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Hi @salliah,

Thanks for joining :)

And I am happy to answer your question. I agree that all that information can be a little overwhelming in the beginning.

On 6/7/2020 at 3:39 PM, salliah said:

Basically the RV (relative value) chart displays the RV of a straddle or a calendar, and helps determine how cheap/expensive a strategy is compared to previous cycles.

              RV straddle = straddle price / stock price

              RV calendar = calendar price / stock price

Correct, and that independent of the actual stock price level.

 

 

 

On 6/7/2020 at 3:39 PM, salliah said:

      - 20.47% 154.32 (VIX 37.7%) : 2020-4-29 W

      - 17.14% 3.65 (VIX 23.5%) : 2010-8-4 W

How do I interpret those data mentioned above?

Let's take the first line: RV of that straddle has been 20.47%, while the stock price was 154.32 USD. The level of the volatility index VIX on that day has been 37.7). The RV has been calculated using options expiring on May 8th, 2020, i.e., the first maturity coming after the 7th day after the earnings announcement (as chosen by you with dropdown 'Expiry after earnings').. And that all was on the 8th trading day before the earnings announcement on or the day after April 29th, 2020.

Edited by Christof+

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On 6/7/2020 at 3:39 PM, salliah said:

     - Mean : 19, 14.93% <--- What do it mean?

This is the simple arithemtic average of all the lines you are seeing at point x = 19 trading days before the earnings announcement

 

On 6/7/2020 at 3:39 PM, salliah said:

2020-07-21 Tue (exp: 20-08-21, 23 d) <--- It believe 2020-07-20 is the day before next earning, but why it show 23 days while other lines showing 7 days (which I choose 7 expiry after earnings)?

That means that the last trading day before the earnings was July 21st, 2020 (so earnings were that day in the evening of the next day in the morning before the open). The expiration date of the options used to calculate RV was August 21st, 2020, which is exactly 23 trading days after the last trading date (2020-07-21)

 

On 6/7/2020 at 3:39 PM, salliah said:

- why each line (green, red, pink, and purple) start from different points?

Often the expiries used to calculate RV value only come into existence a few weeks before they expire. That is particularly an issue with weekly options. Then the lines start where they started trading and hence data is present.

 

On 6/7/2020 at 3:39 PM, salliah said:

SORRY that I might ask a questions too basic to answer

Your questions are perfectly valid, it is not stated explicitely what is what. Let me know if you have more questions.... and take your time, when I started here I also had to get used to a lot of new stuff.

 

Edited by Christof+

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Thank you guys for you messages. I can confirm that there is indeed an update issue on chartaffair right now. I am working on it and hope to have resolved it until next trading session. Have a good weekend!

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  • Similar Content

    • By Christof+
      For anyone interested here is a lightweight tool for plotting real-time and historical intraday RV values.
       

       
       


       
       
       
       
      Download: bit.ly/rt-rv
      Short video on major features: bit.ly/rt-rv-v
       
       
      This tool is provided for free for your convenience.
      It is excel based and uses Interactive Brokers API for real-time data (follow instructions on download page).
       
      Feel free to download and use it. It works completely independent of any chartaffair subscription.
      However, if you happen to have a valid chartaffair premium subscription it will additionally produce up-to-date earnings data through the chartaffair API. The test key included will work for a few days from now.

      The VBA code inside is 100% open and accessible and anyone wanting to is invited to modify and repost it (f.e. to add more brokers).
       
       
       
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