Option trading uk xls

Options Profit Calculator. Options Profit Calculator provides a unique way to view the returns and profitloss of stock options strategies. To start, select an options trading method. Spreads. Custom. Custom strategies . Create calculations with up to six legs. FAQ help section added . Mobile website improved. Please report any problems. Share your calculations on facebook and twitter or with short-links on forums, email or anywhere else. Now supports.

DJX,.SPX,T and more . Another options data source has been added to assist in finding options on indexes. Choose the table's price range by clicking the 'More output options' link under the 'Calculate' button. Top UK Trading Options and Brokers sites. We are pleased to welcome everyone who is living in the UK and who is seeking a range of the very best Binary Option trading sites, and have spent a considerable amount of time putting together our website so as to showcase to you the very best Binary Option trading sites which offer a no nonsense approach and have a huge and very varied number of trading options available. Should you be looking to trader either Binary Options or Forex Options then you should keep on reading for listed below are the cream of the online crop and with plenty of different Binary Option trading sites currently available to UK based traders then that does of course mean you are going to find some very generous sign up bonuses are on offer which will ensure you get maximum value from your Binary Option trades. List of Top 10 UK Binary Option Sites for 2017. Legal UK Binary Options Brokers. Below is a small collection of Binary Option trading sites all of whom are famed for giving UK based Binary Option traders a first class service, you will find when you sign up to any of the listed sites you will have available an offer which will get you off to a flying start and will enhance your available Binary Option trading funds. 24Option – One site that we have noticed a lot of our UK based website visitors are more than happy with is the 24Option site, you will find it is their trading platform that most customers of their rave about and it has to be said if you are looking to trade different types of Binary Option then you are never going to have to make a compromise when using their trading platform or services.

If you are quick you will be able to take advantage of their bonus offer. Take a look at their website for full details of this instantly credited and claim the bonus offer. Bonus Terms and Conditions Apply. Please note that Trading binary options involves substantial risk and may lead to loss of all invested capital. How To Trade Binary from the UK. If you are wondering just how to trade Binary Options when you are living in the UK in the online environment, then we are very pleased to let you know you are not going to have any problems what so ever, for Binary Options trading is perfectly legal from any part of the UK, and all of our featured trading sites and brokers will welcome you as a new customer without any trading restrictions. Payment and Banking Options. One aspect of trading Binary Options online that you will not wish to leave to chance is actually funding or withdrawing your profits to and from any of our featured and handpicked Binary Options trading sites, and it is for this reason that we have ensured every single trading site listed on our website have in place a diverse range of banking options readily on offer to anyone living or accessing these sites from the UK. You should quite easily be able to move money into or out of any Binary Options trading site we have showcased to you on our website using a web wallet, any type of credit or debit card or should you wish you will also find that you can instantly fund your Binary Options trading accounts using a Bank Transfer. Options. Each Options Trading Journal has (8) modifiable Performance-tracking categories. Uniquely designed layout, yet simple to use, with a wealth of knowledge at your finger tips. Options ‘multiplier’ can be easily modified for different contract sizes (1, 100, 1,000, etc.) Tons of great features, functionality and analysis built in to each product version.

“At-a-Glance” view of all performance statistics. View the Options Trading Log ◊ View the Options Analysis sheet Options Trade Input methods For more detailed product information, please visit the TJS Gallery and Info page. Invest in your Options trading business. Start analyzing your trades today! Complete package, One time fee, One Low Price. Free unlimited support! Let's start Analyzing your trades, shall we? Options Trading Journal Spreadsheet. Trading Journal Spreadsheet, Corp. Las Vegas, Nevada. Trade Tracking and Analysis software, for all: Stocks, Options, Futures, Forex, (UK) Spread Betting, and CFD traders. Free Excel trading log template. Free Excel trading log template. This is a discussion on Free Excel trading log template within the Trading Journals forums, part of the Reception category I've put this trading log together in excel - thought some of you might find it useful.

Take a look . At the request of Rogh, the first version of the template referred to above has been removed - as there is a more up to date version - please scroll down! • The initial entries are fictitious – just used for testing (It will be better to just overwrite them rather than deleting them and risk losing the formulas). • The yellow columns are the only ones that require data input. • Cell error messages (e. g. #div0) relate to empty or ‘0’ content cells and correct themselves on corresponding data entry. A ratio used by many investors to compare the expected returns of an investment to the amount of risk undertaken to capture these returns. This ratio is calculated mathematically by dividing the amount of profit the trader expects to have made when the position is closed (i. e. the reward) by the amount he or she stands to lose if price moves in the unexpected direction (i. e. the risk). investopedia. comtermsrriskrewardratio. asp. Commission fees plus stamp duty. (Commission fixed at 2xЈ8.

Stamp duty 0.5 of purchase cost) Profit or loss including commission and fees. R Multiple: P&L divided by the Initial Risk. “You want your losses to be 1R or less. That means if you say you’ll get out of a stock when it drops $50 to $40, then you actually GET OUT when it drops to $40. If you get out when it drops to $30, then your loss is much bigger than 1R. It’s twice what you were planning to lose or a 2R loss. And you want to avoid that possibility at all costs. You want your profits to ideally be much bigger than 1R. For example, you buy a stock at $8 and plan to get out if it drops to $6, so that your initial 1R loss is $2 per share. You now make a profit of $20 per share. Since this is 10 times what you were planning to risk we call it a 10R profit.” Average (mean) of the R-multiple. 1. Trader Mike. (Trading journal.

xls) 2. Clambill. (Trading Log. xls) proposes the inclusion of the probability of the trades success into the riskreward equation - which will make it more effective. But it's not a log file so looking forward to seeing your log file ! Options Basics: What Are Options? Options are a type of derivative security. They are a derivative because the price of an option is intrinsically linked to the price of something else. Specifically, options are contracts that grant the right, but not the obligation to buy or sell an underlying asset at a set price on or before a certain date. The right to buy is called a call option and the right to sell is a put option. People somewhat familiar with derivatives may not see an obvious difference between this definition and what a future or forward contract does. The answer is that futures or forwards confer both the right and obligation to buy or sell at some point in the future. For example, somebody short a futures contract for cattle is obliged to deliver physical cows to a buyer unless they close out their positions before expiration. An options contract does not carry the same obligation, which is precisely why it is called an “option.

” Call and Put Options. A call option might be thought of as a deposit for a future purpose. For example, a land developer may want the right to purchase a vacant lot in the future, but will only want to exercise that right if certain zoning laws are put into place. The developer can buy a call option from the landowner to buy the lot at say $250,000 at any point in the next 3 years. Of course, the landowner will not grant such an option for free, the developer needs to contribute a down payment to lock in that right. With respect to options, this cost is known as the premium, and is the price of the options contract. In this example, the premium might be $6,000 that the developer pays the landowner. Two years have passed, and now the zoning has been approved the developer exercises his option and buys the land for $250,000 – even though the market value of that plot has doubled. In an alternative scenario, the zoning approval doesn’t come through until year 4, one year past the expiration of this option. Now the developer must pay market price.

In either case, the landowner keeps the $6,000. A put option, on the other hand, might be thought of as an insurance policy. Our land developer owns a large portfolio of blue chip stocks and is worried that there might be a recession within the next two years. He wants to be sure that if a bear market hits, his portfolio won’t lose more than 10% of its value. If the S&P 500 is currently trading at 2500, he can purchase a put option giving him the right to sell the index at 2250 at any point in the next two years. If in six months time the market crashes by 20%, 500 points in his portfolio, he has made 250 points by being able to sell the index at 2250 when it is trading at 2000 – a combined loss of just 10%. In fact, even if the market drops to zero, he will still only lose 10% given his put option. Again, purchasing the option will carry a cost (its premium) and if the market doesn’t drop during that period the premium is lost. These examples demonstrate a couple of very important points. First, when you buy an option, you have a right but not an obligation to do something with it. You can always let the expiration date go by, at which point the option becomes worthless. If this happens, however, you lose 100% of your investment, which is the money you used to pay for the option premium. Second, an option is merely a contract that deals with an underlying asset. For this reason, options are derivatives.

In this tutorial, the underlying asset will typically be a stock or stock index, but options are actively traded on all sorts of financial securities such as bonds, foreign currencies, commodities, and even other derivatives. Buying and Selling Calls and Puts: Four Cardinal Coordinates. Owning a call option gives you a long position in the market, and therefore the seller of a call option is a short position. Owning a put option gives you a short position in the market, and selling a put is a long position. Keeping these four straight is crucial as they relate to the four things you can do with options: buy calls sell calls buy puts and sell puts. People who buy options are called holders and those who sell options are called writers of options. Here is the important distinction between buyers and sellers: Call holders and put holders (buyers) are not obligated to buy or sell. They have the choice to exercise their rights if they choose. This limits the risk of buyers of options, so that the most they can ever lose is the premium of their options. Call writers and put writers (sellers), however, are obligated to buy or sell. This means that a seller may be required to make good on a promise to buy or sell.

It also implies that option sellers have unlimited risk , meaning that they can lose much more than the price of the options premium. Don't worry if this seems confusing – it is. For this reason we are going to look at options primarily from the point of view of the buyer. At this point, it is sufficient to understand that there are two sides of an options contract. To understand options, you'll also have to first know the terminology associated with the options market. The price at which an underlying stock can be purchased or sold is called the strike price. This is the price a stock price must go above (for calls) or go below (for puts) before a position can be exercised for a profit. All of this must occur before the expiration date. In our example above, the strike price for the S&P 500 put option was 2250. The expiration date, or expiry of an option is the exact date that the contract terminates. An option that is traded on a national options exchange such as the Chicago Board Options Exchange (CBOE) is known as a listed option.

These have fixed strike prices and expiration dates. Each listed option represents 100 shares of company stock (known as a contract). For call options, the option is said to be in-the-money if the share price is above the strike price. A put option is in-the-money when the share price is below the strike price. The amount by which an option is in-the-money is referred to as intrinsic value. An option is out-of-the-money if the price of the underlying remains below the strike price (for a call), or above the strike price (for a put). An option is at-the-money when the price of the underlying is on or very close to the strike price. As mentioned above, the total cost (the price) of an option is called the premium. This price is determined by factors including the stock price, strike price, time remaining until expiration (time value) and volatility. Because of all these factors, determining the premium of an option is complicated and largely beyond the scope of this tutorial, although we will discuss it briefly.

Although employee stock options aren't available for just anyone to trade, this type of option could, in a way, be classified as a type of call option. Many companies use stock options as a way to attract and to keep talented employees, especially management. They are similar to regular stock options in that the holder has the right but not the obligation to purchase company stock. The contract, however, exists only between the holder and the company and cannot typically be exchanged with anybody else, whereas a normal option is a contract between two parties that are completely unrelated to the company and can be traded freely. Options Basics: How Options Work. Options contracts are essentially the price probabilities of future events. The more likely something is to occur, the more expensive an option would be that profits from that event. This is the key to understanding the relative value of options. Let’s take as a generic example a call option on International Business Machines Corp. (IBM) with a strike price of $200 IBM is currently trading at $175 and expires in 3 months. Remember, the call option gives you the right , but not the obligation , to purchase shares of IBM at $200 at any point in the next 3 months. If the price of IBM rises above $200, then you “win.

” It doesn’t matter that we don’t know the price of this option for the moment – what we can say for sure, though, is that the same option that expires not in 3 months but in 1 month will cost less because the chances of anything occurring within a shorter interval is smaller. Likewise, the same option that expires in a year will cost more. This is also why options experience time decay: the same option will be worth less tomorrow than today if the price of the stock doesn’t move. Returning to our 3-month expiration, another factor that will increase the likelihood that you’ll “win” is if the price of IBM stock rises closer to $200 – the closer the price of the stock to the strike, the more likely the event will happen. Thus, as the price of the underlying asset rises, the price of the call option premium will also rise. Alternatively, as the price goes down – and the gap between the strike price and the underlying asset prices widens – the option will cost less. Along a similar line, if the price of IBM stock stays at $175, the call with a $190 strike price will be worth more than the $200 strike call – since, again, the chances of the $190 event happening is greater than $200. There is one other factor that can increase the odds that the event we want to happen will occur – if the volatility of the underlying asset increases. Something that has greater price swings – both up and down – will increase the chances of an event happening. Therefore, the greater the volatility, the greater the price of the option.

Options trading and volatility are intrinsically linked to each other in this way. With this in mind, let’s consider a hypothetical example. Let's say that on May 1, the stock price of Cory's Tequila Co. (CTQ) is $67 and the premium (cost) is $3.15 for a July 70 Call, which indicates that the expiration is the third Friday of July and the strike price is $70. The total price of the contract is $3.15 x 100 = $315. In reality, you'd also have to take commissions into account, but we'll ignore them for this example. On most U. S. exchanges, a stock option contract is the option to buy or sell 100 shares that's why you must multiply the contract by 100 to get the total price. The strike price of $70 means that the stock price must rise above $70 before the call option is worth anything furthermore, because the contract is $3.15 per share, the break-even price would be $73.15. Three weeks later the stock price is $78. The options contract has increased along with the stock price and is now worth $8.25 x 100 = $825. Subtract what you paid for the contract, and your profit is ($8.25 - $3.15) x 100 = $510. You almost doubled our money in just three weeks! You could sell your options, which is called "closing your position," and take your profits – unless, of course, you think the stock price will continue to rise. For the sake of this example, let's say we let it ride. By the expiration date, the price of CTQ drops down to $62. Because this is less than our $70 strike price and there is no time left, the option contract is worthless.

We are now down by the original premium cost of $315. To recap, here is what happened to our option investment: So far we've talked about options as the right to buy or sell (exercise) the underlying good. This is true, but in reality, a majority of options are not actually exercised. In our example, you could make money by exercising at $70 and then selling the stock back in the market at $78 for a profit of $8 a share. You could also keep the stock, knowing you were able to buy it at a discount to the present value. However, the majority of the time holders choose to take their profits by trading out (closing out) their position. This means that holders sell their options in the market, and writers buy their positions back to close. According to the CBOE​, only about 10% of options are exercised, 60% are traded (closed) out, and 30% expire worthless. At this point it is worth explaining more about the pricing of options. In our example the premium (price) of the option went from $3.15 to $8.25. These fluctuations can be explained by intrinsic value and extrinsic value, also known as time value. An option's premium is the combination of its intrinsic value and its time value.

Intrinsic value is the amount in-the-money, which, for a call option, means that the price of the stock equals the strike price. Time value represents the possibility of the option increasing in value. Refer back to the beginning of this section of the turorial: the more likely an event is to occur, the more expensive the option. This is the extrinsic, or time value. So, the price of the option in our example can be thought of as the following: In real life options almost always trade at some level above their intrinsic value, because the probability of an event occurring is never absolutely zero, even if it is highly unlikely. If you are wondering, we just picked the numbers for this example out of the air to demonstrate how options work. A brief word on options pricing. As we’ve seen, the relative price of an option has to do with the chances that an event will happen. But in order to put an absolute price on an option, a pricing model must be used. The most well-known model is the Black-Scholes-Merton​ model, which was derived in the 1970’s, and for which the Nobel prize in economics was awarded. Since then other models have emerged such as binomial and trinomial tree models, which are also commonly used. Position Simulator. Use your sample data in the Position Simulator to view the effects of numerous strategies under simulated market conditions. Adjust volatility, expiration dates and other factors to view results in real time.

Email Options Professionals. Questions about anything options-related? Email an options professional now. Chat with Options Professionals. Questions about anything options-related? Chat with an options professional now. REGISTER FOR THE OPTIONS. Free, unbiased options education Learn in-person and online Advance at your own pace. No active seminars or events! Strategies & Advanced Concepts.

Seminars & Events. Tools & Resources(cont.) Options for Advisors. This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as a recommendation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. Copies of this document may be obtained from your broker, from any exchange on which options are traded or by contacting The Options Clearing Corporation, One North Wacker Dr., Suite 500 Chicago, IL 60606 (investorservices@theocc. com). © 1998-2017 The Options Industry Council - All rights reserved. Please view our Privacy Policy and our User Agreement. Option Pricing Spreadsheet. My option pricing spreadsheet will allow you to price European call and put options using the Black and Scholes model.

Understanding the behavior of option prices in relation to other variables such as underlying price, volatility, time to expiration etc is best done by simulation. When I was first learning about options I began building a spreadsheet to help me understand the payoff profiles of calls and puts and also what the profiles look like of different combinations. I've uploaded my workbook here and you're welcome to it. On the "basic" worksheet tab you will find a simple option calculator that generates fair values and option Greeks for a single call and put according to the underlying inputs you select. The white areas are for your user input while the shaded green areas are the model outputs. Underneath the main pricing outputs is a section for calculating the implied volatility for the same call and put option. Here, you enter the market prices for the options, either last paid or bidask into the white Market Price cell and the spreadsheet will calculate the volatility that the model would have used to generate a theoretical price that is in-line with the market price i. e. the "implied" volatility. The PayoffGraphs tab gives you the profit and loss profile of basic option legs buy call, sell call, buy put and sell put. You can change the underlying inputs to see how your changes effect the profit profile of each option. The Strategies tab allows you to create optionstock combinations of up to 10 components. Again, use the while areas for your user input while the shaded areas are for the model outputs. Theoretical and Greek Prices. Use this Excel formula for generating theoretical prices for either call or put as well as the option Greeks: A Sample formula would look like =OTW_BlackScholes(c, p, 25, 26, 0.25, 0.05, 0.21, 0.015) . Same inputs as above except: Market Price The current market last, bidask of the option.

Example: =OTW_IV(p, 100, 100, 0.74, 0.05, 8.2, 0.01) If you're having troubles getting the formulas to work, please check out the support page or send me an email. If you're after an online version of an option calculator then you should visit Option-Price. com. Just to note that much of what I have learnt that made this spreadsheet possible was taken from the highly acclaimed book on financial modeling by Simon Benninga - Financial Modeling - 3rd Edition. If you're an Excel junkie, you'll love this book. There are loads of real world problems that Simon solves using Excel. The book also comes with a disk that contains all the exercises Simon illustrates. You can find a copy of Financial Modeling at Amazon of course. Option Pricing Option Workbook XLS Black and Scholes Binomial Model Quick Pricing Formula Option Greeks Greeks Overview Option Delta Option Gamma Option Theta Option Vega Option Rho Option Charm. Peter February 19th, 2017 at 4:47pm. Luciano February 19th, 2017 at 11:27am. 2) How do I calculate the greeks of a multiple legs method?

E. g.Is the "total" delta the sum of the single legs deltas? Peter January 12th, 2017 at 5:23pm. Mike C January 12th, 2017 at 6:26am. Peter December 14th, 2016 at 4:57pm. Clark December 14th, 2016 at 4:12am. What are the updown arrows supposed to do on strategies page? Peter October 7th, 2014 at 6:21am. Denis October 7th, 2014 at 3:07am. Peter June 10th, 2014 at 1:09am. Jack Ford June 9th, 2014 at 5:32am. In the Option Trading Workbook.

xls OptionPage. I changed the underling price and strike price to calculate the IV, 24-Nov-11 Today's Date. 30.00% Historical Volatility. 19-Dec-11 Expiry Date. 3.50% Risk Free Rate. 2.00% Dividend Yield. 0.07 DTE in Years. Strike Prices Price Price Volatility. 6,100.00 ITM 912.98 999.00 57.3540% 6,100.00 ITM 912.98 912.98 30.0026% 6,100.00 ITM 912.98 910.00 27.6299% 6,100.00 ITM 912.98 909.00 26.6380% 6,100.00 ITM 912.98 0.0038% 6,100.00 ITM 912.98 907.00 24.0288% 6,100.00 ITM 912.98 906.00 21.9460% 6,100.00 ITM 912.98 905.00 0.0038% 6,100.00 ITM 912.98 904.00 0.0038% 6,100.00 ITM 912.98 903.00 0.0038% 6,100.00 ITM 912.98 902.00 0.0038% the IV was changed so dramatically? I like your web and excel workbook very much, they are the best in the. Thank you very much! Peter January 10th, 2014 at 1:14am.

cdt January 9th, 2014 at 10:19pm. I tried the spreadsheet in Openoffice, but it did not work. Does that use Macros or imbedded functions? Ravi June 3rd, 2013 at 6:40am. Can you please let me know how we can calculate Risk Free Rate in case of USDINR Currency Pair or any other pair in general. Peter May 28th, 2013 at 7:54pm. max May 24th, 2013 at 8:51am. Hello, what a great file! Peter April 30th, 2013 at 9:38pm. wong April 28th, 2013 at 9:05pm.

hi, thanks for the worksheet. However, I am troubled by the calculated PL on expiration. It should be made of two straight lines, joined at the strike price, right? but I did not get that. For example, for a put with strike $9, premium used is $0.91, the PL for underlying price of 7, 8, 9, 10 were 1.19, 0.19, -0.81, -0.91, when they should be 1.09, 0.09, -0.91, -0,91, isn't that correct? Peter April 15th, 2013 at 7:06pm. Mmm. the average volatility is mentioned in cell B7 but not graphed. I didn't want to graph it as it would just be a flat line across the graph. Ryan April 12th, 2013 at 9:11am. Sorry, I reread my question and it was confusing.. I'm just wondering if there is a way to also throw in Avg Volatility into the graph? Peter April 12th, 2013 at 12:35am. Ryan April 10th, 2013 at 6:52pm.

Peter March 21st, 2013 at 6:35am. Desmond March 21st, 2013 at 3:16am. can i know the formular in deriving the Theoretical Price in the basic tab. Peter December 27th, 2012 at 5:19am. Steve December 16th, 2012 at 1:22pm. Terrific spreadsheets - thanks much! Peter October 29th, 2012 at 11:05pm. Vlad October 29th, 2012 at 9:43pm. Stock Price $40.0. Interest Rate 3.0% Expiration in 1.0 month(s) 0.1. Theta -2.06 -0.0056. Peter June 4th, 2012 at 12:34am. zoran June 1st, 2012 at 11:26pm.

Hello, as I am new in trading options on futures please explain to me how to calculate margin, or daily premium, on Dollar Index, as I saw on the ICE Futures US web page, that the margin for the straddle is only 100 Dollars. It is so cheap that if I bought call and put options with the same strike, and form the straddle, it is look profitable to exercise early one leg of the position? I have in my account 3000 dollars. Peter May 21st, 2012 at 5:32am. Peter April 3rd, 2012 at 7:08pm. Darong April 3rd, 2012 at 3:41am. I have a quick question as I just started to study Options. For VWAP, normally, do option traders calculate it by themselves or tend to refer to calculated value by information vendors, or etc.? I want to know about market convention from traders' perspectives as a whole for option trading. Appreciate if you revert to me. pintoo yadav March 29th, 2012 at 11:49am. this is program in well mannered but required macros to be enabled for its work. Peter March 26th, 2012 at 7:42pm. Amitabh March 15th, 2012 at 10:02am. madhavan March 13th, 2012 at 7:07am.

First time I am going through any useful write up on option trading. Liked very much. But have to make an indepth study to enter into trading. Jean charles February 10th, 2012 at 9:53am. Peter January 31st, 2012 at 4:28pm. Do you mean an example of the code? You can see the code in the spreadsheet. It is also written on the Black Scholes page. dilip kumar January 31st, 2012 at 3:05am. Peter January 31st, 2012 at 2:06am. You can open the VBA editor to see the code used to generate the values.

Alternatively you can look at the examples on the black scholes model page. iqbal January 30th, 2012 at 6:22am. Peter January 26th, 2012 at 5:25pm. Hi Amit, is there an error that you can provide? What OS are you using? Have you seen the Support Page? amit January 25th, 2012 at 5:56am. The workbook is not opening. sanjeev December 29th, 2011 at 10:22pm. thanks for the workbook. P December 2nd, 2011 at 10:04pm. Good day. Indian man trading today Found spreadsheet but does work? Look at it and needs fix to fix problem?

akshay November 29th, 2011 at 11:35am. Deepak November 17th, 2011 at 10:13am. Peter November 16th, 2011 at 5:12pm. Deepak November 16th, 2011 at 9:34am. Peter October 30th, 2011 at 6:11am. NEEL 0512 October 30th, 2011 at 12:36am. HI PETER GOOD MORNING. Peter October 5th, 2011 at 10:39pm. Ok, I see now. In Open Office you must first have JRE installed - Download Latest JRE. Peter October 5th, 2011 at 5:47pm. After you have enabled Macros, save the document and re-open it. Kyle October 5th, 2011 at 3:24am. Yes, was receiving a $MARCOS?

and $NAME? error. I have enabled the marcos, but still getting the $NAME? error. Thanks for your time. Peter October 4th, 2011 at 5:04pm. Yes, it should work. Are you having troubles with Open Office? Kyle October 4th, 2011 at 1:39pm. I was wondering if this spreadsheet can be opened with open office? If so how would i go about this? Peter October 3rd, 2011 at 11:11pm. NK October 1st, 2011 at 11:59am. Hi, i'm new to options.

I'm calculating the Call and Put premiums for TATASTEEL(I used American Style options calculator). Date - 30 Sept, 2011. Strike price - 400. Interest rate - 9.00% Volatility - 37.28%(I got this from Khelostocks. com) Expiration Date - 25 Oct. Also plz tell me what to put for Interest rate and from where to get the volatility for particular stocks in calculation. CALL - 27 PUT - 17.40. Why is there such a difference and what should be my trading method in these? Peter September 8th, 2011 at 1:49am. Yes, it is for European options so it will suit the Indian NIFTY index options but not the stock options. Mehul Nakar September 8th, 2011 at 1:23am. is this File Made in European style or American style option. as Indian OPTIONS are trading in American style. can u make it American style model for Indian market user.

Mahajan September 3rd, 2011 at 12:34pm. Peter September 3rd, 2011 at 6:05am. Peter September 3rd, 2011 at 6:03am. Gina September 2nd, 2011 at 3:04pm. If you look at Dec 2011 PUTs for netflix - I have a put spread - short 245 and long 260 - why doesn't this reflect a profit of 15 instead of 10? Mahajan September 2nd, 2011 at 6:58am. Peter August 26th, 2011 at 1:41am. Edwin CHU (HK) August 26th, 2011 at 12:59am. I am an active options trader with my own trade boob, I find your worksheet "Options Strategies quite helpful, BUT, can it cater for calendar spreads, I caanot find a clue to insert my positions when faced with options and fut contracts of different months? Look forward to hearing from you soon. Peter June 28th, 2011 at 6:28pm. Sunil June 28th, 2011 at 11:42am. on which mail id should i send ?

Peter June 27th, 2011 at 7:07pm. Hi Sunil, send me an email and we can take it the conversation offline. Sunil June 27th, 2011 at 12:06pm. Hi Peter, many thanks. I had gone through the VB functions but they use many inbuild excel functions for calculations. I wanted to write the program in Foxpro (old time language) which does not have the inbuild functions in it and hence was looking for basic logic in it. Never the less, the excel is also very useful, which i don't think anyone else has also shared on any site. Peter June 27th, 2011 at 6:06am. Hi Sunil, for Delta and Implied Volatility the formulas are included in the Visual Basic provided with the spreadsheet at the top of this page. For Historical Volatility you can refer to the page on this site on calculating volatility. However, I am not sure on the profit probability - do you mean the probability that the option will expire in the money? Sunil June 26th, 2011 at 2:24am. How do i calculate the following. I want to write a program to run it on various stocks at a time and do first level scanning. 2. Implied volatility.

3. Historical Volatility. 4. Profit Probability. Peter June 18th, 2011 at 2:11am. Pop up? What do you mean? shark June 17th, 2011 at 2:25am. where is the pop up. Peter June 4th, 2011 at 6:46am. DevRaj June 4th, 2011 at 5:55am. Very useful nice article and the excel is very good. Still one question. How to calculate volatility using (option price, spot price, time ) Satya May 10th, 2011 at 6:55am. Peter March 28th, 2011 at 4:43pm. It works for any European option - irrespective of the country where the options are traded. Emma March 28th, 2011 at 7:45am.

Do you have it for Irish stocks. Peter March 9th, 2011 at 9:29pm. Hi Karen, those are some great points! Karen Oates March 9th, 2011 at 8:51pm. Is your option trading not working because you haven't found that right system yet or because you won't stick to one system? Peter January 20th, 2011 at 5:18pm. Sure, you can use implied volatility if you like. But the point of using a pricing model is for you have your own idea of volatility so you know when the market is "implying" a value different to your own. Then, you are in a better position to determine if the option is cheap or expensive based on historical levels. t castle January 20th, 2011 at 12:50pm. The Greeks that are calculated on the OptionPage tab of OptionTradingWorkbook. xls appear to be dependent on Historical Volatility.

Should not the Greeks be determined by Implied Volatility? Comparing the values of the Greeks calculated by this workbook produces values that agree with, e. g., the values at TDAmeritrade or ThinkOrSwim only if the formulas are edited to replace HV with IV. Peter January 20th, 2011 at 5:40am. Not yet - do you have any examples you can suggest? What pricing model do they use? r January 20th, 2011 at 5:14am. anything available for interest rate options? Peter January 19th, 2011 at 8:48pm. It is the expected volatility that the underlying will realize from now until the expiration date. general question January 19th, 2011 at 5:13pm. hi, is the historical volatility input annualized vol, or vol for the period from today to expiration date? thanks. imlak January 19th, 2011 at 4:48am.

very good, it solved my proble. SojaTrader January 18th, 2011 at 8:50am. very happy with the spreadsheet. thanks and regards from Argentina. Peter December 19th, 2010 at 9:30pm. Hi Madhuri, do you have Macros enabled? Please see the support page for details. madhuri December 18th, 2010 at 3:27am. same opinion i have about the spread sheet that. "this model doesn't work, no matter what you put in on the basic page for values, it has an invalid name error (#name?) for all the results cells. Even when you first open the thing, the default values the creator put in don't even work" MD November 25th, 2010 at 9:29am. Is these formulas will work for indian market?

Please answer. rick November 6th, 2010 at 6:23am. Do you have it for US stocks. egress63 November 2nd, 2010 at 7:19am. Excellent stuff. Finally a good site with a simple and easy to use spreadsheet! Dinesh October 4th, 2010 at 7:55am. Guys, this works and it is pretty easy. Just enable macros in excel. The way it has been put is very simple and with little understnading of Options any one can use it. Great work specially Option Strategies & Option Page. Peter January 3rd, 2010 at 5:44am.

The shape of the graphs is the same but the values are different. robert January 2nd, 2010 at 7:05am. All graph in Theta sheet are identic. Are Call Oprion Price graph data correct? thx. daveM January 1st, 2010 at 9:51am. The thing opened immediately for me, works like a charm. and the Benninga book. I am so pleased that you referenced it. Peter December 23rd, 2009 at 4:35pm. Hi Song, do you have the actual formula for Asian options?

Song December 18th, 2009 at 10:30pm. I need your help about the Asian option pricing using excel vba. I don't know how to write the code. Peter November 12th, 2009 at 6:01pm. Does the spreadsheet not work with OpenOffice? Wondering November 11th, 2009 at 8:09am. Any solutions that will work with OpenOffice? rknox April 24th, 2009 at 10:55am. Very Cool! Very nicely done. You sir, are an artist. One old hacker (76 years old - started on the PDP 8) to another. Peter April 6th, 2009 at 7:37am.

Ken April 6th, 2009 at 5:21am. Hi, What if i am using the Office on Mac? it has an invalid name error (#name?) for all the results cells. thx. giggs April 5th, 2009 at 12:14pm. Ok, it's working now. I saved & closed the excel file, opened again, and the results were there, in the blue areas! FYI, I had enabled all the macros in "Security of the macros" . Can't wait to play with the file now. giggs April 5th, 2009 at 12:06pm. I don't see the popup. I use Excel 2007 under Vista. The presentation is quite different from the previous versions.

I enabled all macros. But I still get the #name error. Any idea? giggs April 5th, 2009 at 12:00pm. I don't see the popup. I use Excel 2007 under Vista. The presentation is quite different from the previous versions. Any idea? Admin March 23rd, 2009 at 4:17am. disappointed March 22nd, 2009 at 4:25pm. this model doesn't work, no matter what you put in on the basic page for values, it has an invalid name error (#name?

) for all the results cells. Even when you first open the thing, the default values the creator put in don't even work. Top 4 options strategies for beginners. Options are excellent tools for both position trading and risk management, but finding the right method is key to using these tools to your advantage. Beginners have several options when choosing a method, but first you should understand what options are and how they work. Picking the proper options method to use depends on your market opinion and what your goal is. In a covered call (also called a buy-write), you hold a long position in an underlying asset and sell a call against that underlying asset. Your market opinion would be neutral to bullish on the underlying asset. On the risk vs. reward front, your maximum profit is limited and your maximum loss is substantial. If volatility increases, it has a negative effect, and if it decreases, it has a positive effect. Implied Dividend Calculator. This article teaches you how to calculate the implied dividend of an option via put-call parity, illustrated with an Excel spreadsheet.

Strike Reset Options. Learn about European strike reset options, and download a pricing spreadsheet. Option Pricing with Skew and Kurtosis. Learn about the Corrado & Su (1996) model for pricing options with excess skew and kurtosis, and get a pricing spreadsheet. Mirror options let investors change their view of the direction of the underlying stock, but without additional transaction costs. Get a pricing spreadsheet here. Probability of a Successful Option Trade. Calculate the probability of making money in an option trade with this free Excel spreadsheet. Roll-Geske-Whaley Method to Price American Options. Learn how to price American call options with the Roll-Geske-Whaley method, and get an Excel spreadsheet. Learn about time switch options, and get a pricing spreadsheet. Calculate Implied Volatility with the Bisection Method. Get an Excel spreadsheet & VBA to calculate implied volatility with the bisection method. Discover how numerical bisection works, its advantages and disadvantages.

Pricing Bond Options with a Binomial Tree. This Excel spreadsheet calculates the price of a Bond option with a binomial tree. Bond options give the purchaser the right (but not the obligation) to buy or sell a bond at or before a specific date. If you purchase&hellip Learn about Barrier Options and download pricing spreadsheets.