Most members will know www.art-of.trading, an open website I run with the purpose of easy plotting RV charts.
Now I have some bad news to convey. But there is some good news also.
First the bad news:
I will discontinue www.art-of.trading. After running it and offering its content for free for more than a year now I will not maintain the webservice longer in its current form. Daily updates will continue for now but the site will not be accessible anymore within some short period of time.
Now here is the good news:
There will be a replacement - a good one. Taking the essence of numerous discussions here on Steady Options and my personal take-aways and learnings from running art-of.trading I am up to offer an entirely new service for providing tools for trading the Steady Options way (in the same breath I should add a big thank you for all remarks and positive feedback I have gotten over the entire period. That is what made me take that route. On top I see that Steady Options continues to be a unique community on the web for trading options, with very good people and quality content - reason enough to stick around).
I invite you to take a look at https://www.chartaffair.com
Currently the site is working but open only to beta testers and not 'officially' released yet. Am still looking for some more beta testers. If you want to have early access I invite you to PM me for a free invitation code. Beta testers will get free access for some time once the site launches officially.
Technically chartaffair.com is a more professional approach to running a webservice. And I have completely redesigned its code base. It uses a new data architecture, specifically targeted at handling and serving from large amounts of data. This together with fast hosting hardware and the use of new web technologies allows for two things:
1) Greatly increase available information
You will find much more tables and graphs for each symbol with all information needed for trading the SO way: Historical implied move vs. actual move (as graphs and tables), credit needed for hedging straddle decay, actual performance of straddles around earnings. But also basic stuff like the next dividend ex-date or how long before the actual earnings announcement the announcement date gets confirmed (more details on specific features in later posts). Also, you will find practically any symbol now which comes at least with some traded options volume.
2) All information for a symbol aggregated on one single page
Having all information in one place elminates the need to jump back and forth between different pages and websites, having to reenter the same symbol again and again (which I understood is an issue). A side bar allows for easy and fast navigation up and down on the page.
All features came out of discussions and from my own experiences while trading. I believe they will be helpful. I will introduce some in greater detail in a couple of follow-up posts in this thread. On top of that there are a couple more pages to be added to this site. They are in planning and partly already in implementation. They will be added in the course of the next weeks/months.
Chartaffair will be a paid service after the beta phase (it is not possible elsewise. But it will be worth it.) Now, if you found art-of.trading helpful over the course of last year, I invite you to sign up to chartaffair.com when the beta phase is completed. You will find it even more helpful.
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