Options trading learning tool

Discussion in 'Options' started by Marcas, Jun 5, 2021.

  1. Marcas

    Marcas

    Hi everyone,
    I have created a tool for options traders. Not for real trading but for education or training of one's mind.

    I appreciate any comments from practicing option traders.

    App sits on free heroku site and may take up to a minute to open as it goes dormant when not uses.

    Link is:
    https://optionsplayground.herokuapp.com/
     
    Tavurth, beginner66 and Baron like this.
  2. Trader200K

    Trader200K

    Interesting.

    A suggestion: with lots of space in the app and targeting a broad audience, go with more verbose labels to make selections more clear to those that have interest in options, but may not be fully familiar w the abbreviations.

    Cheers!

    T
     
    blainebeals and Tavurth like this.
  3. Marcas

    Marcas

    That's right!
    I use those and other abbreviations for years, rather internally, in coding and trading, along with specific structure names, and didn't notice they may be not clear to others.

    I will add a legend or dictionary or something on next update or use more generic names.

    For now, for what is on the page:
    rBF - regular butterfly
    BWB - broken wing butterfly
    SQRT - short back ratio spread (shape ~ math symbol of square root)

    That said, I suppose it's not a big deal for somebody who knows options. I didn't have complete novices in mind while creating this app. (Actually originally I had only myself in mind - I use the app for few years. Recently I added fancy GUI and some functionality and made a web attempt).

    Thanks!
     
    Last edited: Jun 6, 2021
    beginner66 likes this.