I'm not sure about TOS but here's our Reward:Risk for a sample call spread in SPX: it's a 10 point spread for $1.63 so the max gain is $837 making a 5.1 to 1 ratio.
https://gyazo.com/66524e8af0b188bacb48320c2e22c005
ORATS adjusts for splits. We have splits and daily prices (adjusted and unadjusted) included in our data API package. Use the link in my signature for an EliteTrader discount.
ORATS has that and an EliteTrader special in my signature below.
We have implied moves, actual moves, accurate earnings dates (we use Wall St Horizon).
We also have a stock scanner.
https://gyazo.com/8c0e2d31f77c058a2ec657d761d4bf01
Here's my scan for double calendars around earnings...
You can move forward in days and adjust IV to see the new value, but not fractions of a day.
For example, adjusting the IV down 7% and adding 2 days reduces the value by -$94.
https://gyazo.com/90392ff25c30443463bb56e6b43b5640
ORATS.com Dashboard has a Trade History that is minute by minute and a payoff graph. We don't model intraday but interday.
https://gyazo.com/3128f53f706c2e4697ca08e46f0a03df
https://gyazo.com/c478547c0ecbe89710b58112fcdcdc5a
We have 1 minute snapshots back to August 2020 available via an API or snapshots. We have 2 minute raw snapshots back to 2015 available on AWS S3. We offer discounts to EliteTrader members.
https://orats.com/one-minute-data
https://orats.com/two-minute-data
You can try ORATS. Our dashboard has scanners, connections to brokers with position management and trading, backtesting, time and sales, and this week we launch a macro economic calendar and community tab.
The latest report date was 2024-03-11:
Symbol NextEarn PriorEarn TOD Confirmed
ORCL 2024-06-10 2024-03-11 After Unconfirmed
It was confirmed on the 5th of March.
ORCL 2024-03-11 2023-12-11 After Confirmed
The 4th of March looked like this:
ORCL 2024-03-14 2023-12-11 After Unconfirmed
We...
Yes, I am testing this set up. This is a paper trade sold for 0.40 now up 0.10.
It is called a bear trap using puts. It can be used with calls too, bull trap.
It is basically 1:10 risk reward which is not great.