I'm looking for a simple (program, app, website, Excel document, whatever) that will allow me to plug in inputs including: - # Underlying shares owned (long, or short) - # of options, and their tems (e.g. strike, expiration, premium, etc) - Hypothetical future stock price movement , and then have it essentially produce a customized graph showing my hypothetical gains/losses under the strategy / outcome scenarios I create. Seems quite straight-forward, so I figure this must exist but have been unable to find something like it.
was straight-forward prior to ", and then have it essentially ..." AKA "catch this fart and paint it green!"
Here's a couple of links that might be worth investigating. They're excel based. https://sites.google.com/a/xlri.ac.in/profmohanty/spreadsheet-tricks-1/preparingadynamicchart http://www-2.rotman.utoronto.ca/~hull/software/
If you want a stand alone straddle calculator, with either graph or table read out, check this out. http://www.optionsprofitcalculator.com/calculator/straddle.html
I built the options analysis tools at the link below. It does a lot of what you're requesting in the Stress Testing and Scenario Analysis section of the Backtester. Currently in free beta and I'd appreciate feedback. https://www.getvolatility.com
Another one that is web based, PLcharts. Very clean face, and user friendly, and of course free. http://www.plcharts.com/home