What is Strike Price?
Strike Price estimates the chance your covered calls or cash-secured puts expire worthless. Using historical returns, GARCH volatility, intraday noise, and live IV, it runs Monte Carlo simulations to compute a clear assignment-risk score.
Problem
Users manually analyze options trading risks using historical data and basic tools, leading to time-consuming, error-prone assessments that may overlook variables like volatility and intraday noise.
Solution
A risk assessment tool that lets users run Monte Carlo simulations with historical returns, GARCH volatility, intraday noise, and live IV to compute assignment-risk scores for covered calls and cash-secured puts.
Customers
Retail investors and part-time traders seeking passive income, plus financial advisors managing client portfolios.
Unique Features
Combines GARCH volatility modeling, intraday noise analysis, and Monte Carlo simulations in a single platform for precision risk scoring.
User Comments
Simplifies complex options risk analysis
Provides data-driven clarity for decision-making
Intuitive interface for retail traders
Fills a gap in risk assessment tools
Enhances confidence in selling options
Traction
Newly launched on ProductHunt with 500+ upvotes
Founder has 1.2k followers on X/Twitter
Active Discord community with 800+ members
Market Size
The global equity options trading market reached $558 billion notional value in 2023 (CBOE data).
