I have come to rely on brokers to supply as little useful information as possible in the most cumbersome way possible.
Like on the options chain, you might be given the expected move for the expiry date if you're lucky, but that's about it. They don't actually utilize the data. At best it can be used to guestimate if the strike will end up itm/otm. Other than that you have the pnl chart, but that is cumbersome if you are trying to pinpoint a trade in real time.
What my spreadsheet does is calculate the price target via a 1SD move each day so you can see the pnl expectations at a glance for that strike
Current BITO price: 19.04
Buy 25 BITO SEP27 18.50 PUTS @.26
So all I have to do is change the strike price and the pnl data will be output.
Anyway, not sure if this is about the shortcomings of brokers so much as me flexing my spread sheet again!
Like on the options chain, you might be given the expected move for the expiry date if you're lucky, but that's about it. They don't actually utilize the data. At best it can be used to guestimate if the strike will end up itm/otm. Other than that you have the pnl chart, but that is cumbersome if you are trying to pinpoint a trade in real time.
What my spreadsheet does is calculate the price target via a 1SD move each day so you can see the pnl expectations at a glance for that strike
Current BITO price: 19.04
Buy 25 BITO SEP27 18.50 PUTS @.26
So all I have to do is change the strike price and the pnl data will be output.
Anyway, not sure if this is about the shortcomings of brokers so much as me flexing my spread sheet again!