Options Strategy Builder
Skill #95 - Design, analyze, and trade options strategies
Overview
Visual options strategy builder with P&L charts, Greeks analysis, what-if scenarios, and automated execution. Build spreads from scratch or use pre-made templates for common strategies.
Inspired by TradingView's Options Strategy Builder.
Features
- Visual P&L Charts: Interactive profit/loss at expiration
- Greeks Dashboard: Delta, Gamma, Theta, Vega, Rho
- Strategy Templates: 30+ pre-built strategies
- What-If Analysis: Model price and volatility changes
- Risk Graphs: Visualize max profit/loss/breakeven
- Multi-Leg Builder: Create complex spreads
- Volatility Surface: IV skew and term structure
- Auto-Execution: One-click strategy deployment
Usage
# Build call spread
kit skill options build --type call-spread --symbol SPY --strikes 500,510 --exp 2026-03-21
# Analyze iron condor
kit skill options analyze --type iron-condor --symbol AAPL --width 5
# What-if scenario
kit skill options whatif --strategy saved:my_spread --price-change 5% --iv-change -10%
# View options chain
kit skill options chain --symbol NVDA --exp 2026-03-21
Configuration
options_builder:
default_expiry: "nearest monthly"
risk_free_rate: 0.05
dividend_yield: 0.01
position_limits:
max_contracts: 100
max_buying_power: 0.20 # 20% of portfolio
max_margin: 0.50
greeks_thresholds:
max_delta: 50
max_gamma: 10
min_theta: -100 # Max daily decay
max_vega: 500
Strategy Templates
Bullish Strategies
| Strategy |
Max Profit |
Max Loss |
Best When |
| Long Call |
Unlimited |
Premium |
Strong up move expected |
| Bull Call Spread |
Limited |
Limited |
Moderate up move |
| Cash-Secured Put |
Premium |
Strike - Premium |
Willing to own shares |
| Call Ratio Spread |
Limited |
Unlimited |
Small up move |
Bearish Strategies
| Strategy |
Max Profit |
Max Loss |
Best When |
| Long Put |
Strike - Premium |
Premium |
Strong down move |
| Bear Put Spread |
Limited |
Limited |
Moderate down move |
| Put Ratio Spread |
Limited |
Unlimited |
Small down move |
Neutral Strategies
| Strategy |
Max Profit |
Max Loss |
Best When |
| Iron Condor |
Credit |
Width - Credit |
Low volatility expected |
| Iron Butterfly |
Credit |
Width - Credit |
Pin to strike expected |
| Straddle (sell) |
Credit |
Unlimited |
Expecting range |
| Strangle (sell) |
Credit |
Unlimited |
Wide range expected |
Volatility Strategies
| Strategy |
Profit From |
Max Loss |
| Long Straddle |
Big move either way |
Premium paid |
| Long Strangle |
Big move either way |
Premium paid |
| Calendar Spread |
IV increase |
Net debit |
Example Output
{
"strategy": "Iron Condor",
"symbol": "SPY",
"expiration": "2026-03-21",
"legs": [
{ "type": "sell", "option": "put", "strike": 490, "contracts": 1 },
{ "type": "buy", "option": "put", "strike": 485, "contracts": 1 },
{ "type": "sell", "option": "call", "strike": 510, "contracts": 1 },
{ "type": "buy", "option": "call", "strike": 515, "contracts": 1 }
],
"analysis": {
"max_profit": 320,
"max_loss": 180,
"breakeven_low": 486.80,
"breakeven_high": 513.20,
"probability_profit": 68,
"risk_reward": "1.78:1"
},
"greeks": {
"delta": -2.3,
"gamma": -0.8,
"theta": 12.50,
"vega": -45.2
},
"margin_required": 500
}
What-If Scenarios
scenarios:
- name: "Earnings Pop"
price_change: +10%
iv_change: -50%
- name: "Market Crash"
price_change: -15%
iv_change: +100%
- name: "Theta Decay"
days_forward: 14
price_change: 0%
Integration
- Auto Trader: Execute strategies with one click
- Alerts: Notify on Greeks thresholds
- Portfolio: Track all options positions
- Risk Manager: Position sizing based on max loss
Signal-Execution-Labs