π― Options Contract Selection Calculator
Based on ATR Analysis & Disciplined Trading Methodology
π Trading Parameters
π Recommended Contracts
Enter your trading parameters and click calculate to see recommendations
π Calculation Methodology
- ATR Analysis: Uses Average True Range to determine realistic price movement expectations
- Time Decay Consideration: Recommends exiting at 2/3 of contract life to avoid theta decay
- Conservative Approach: Assumes only 1/4 of trading days will move in your favor
- Optimal Approach: Assumes 1/3 of trading days will move favorably
- Aggressive Approach: Assumes 1/2 of trading days will move favorably
- Delta Targeting: Aims for 0.30-0.70 delta range for optimal risk/reward
β οΈ Risk Disclaimer: This calculator is for educational purposes only. Options trading involves substantial risk and is not suitable for all investors. Always conduct your own research and consider consulting with a financial advisor.
