ETF Component Report

Components’ Implied Volatility / ETF Implied VolatilityComponent Ratio (the Ratio) = Weighted average of the ETF’s component implied volatilities divided by the ETF’s implied volatility.When the market is high (RED graph), the Ratio (BLUE graph) is mostly high. When the […]


How to Backtest a Multi-Leg Option Strategy

Backtesting is the best way to see how a strategy performed historically.  The ORATS API in Excel helps you start backtesting your strategy. Here we backtest a four leg strategy in the SPY. STEPS: Sign up and request your user […]