Options Helper App

The objective of this Dash app is to give you an intuitive interpretation of the greeks for a given option contract.

For example:

• How will implied volatility (vega) affect my contract?
• How will changes in interest rates affect my contract?

Overview

Select:

• Call or put,
• Input ticker name,
• Input strike,
• Expiration date

Setup

• Clone repository.
• Use pip install -r requirements.txt to install required modules (optional).
• Run it from terminal with: python main.py
• Follow the link in terminal to local server (open it in browser).

Sources of financial data

• yfinance module for underlying stock price and option chain
• py_vollib for Black-Sholes calculations

Assumptions

• The real risk-free rate is 2%

To-do's

• Put layout and functions in separate files.