Download Options Watcher for iPhone, iPad
Updated: Mar 9, 2018
Size: 0.3 MB
Developer: Adimabua Ofunne
Seller: Adimabua Ofunne
Compatibility: iPhone X, iPhone 8Plus, iPhone 8, iPad 74, iPad 73, iPad 72, iPad 71, iPad 612, iPad 611, iPhone 7Plus, iPhone 7, iPhone SE, iPad Pro97 Cellular, iPad Pro97, iPad Pro Cellular, iPad Pro, iPad Mini 4 Cellular, iPad Mini 4, iPhone 6sPlus, iPhone 6s, iPod TouchSixthGen, iPad Mini 3 Cellular, iPad Mini 3, iPad Air 2 Cellular, iPad Air 2, iPhone 6Plus, iPhone 6, iPad Mini Retina Cellular, iPad Mini Retina, iPad Air Cellular, iPad Air, iPhone 5s, iPhone 5c, iPad Mini 4G, iPad Mini, iPad FourthGen 4G, iPad FourthGen, iPod TouchFifthGen, iPhone 5, iPad ThirdGen 4G, iPad ThirdGen, iPhone 4S, iPad 2 3G, iPad 2 Wifi, iPod TouchFourthGen, iPod TouchThirdGen, iPhone 4, iPad 3G, iPad Wifi, iPhone 3GS, iPhone 3G, iPod TouchSecondGen, iPod TouchFirstGen, iPhone FirstGen
More by Adimabua Ofunne
This application uses the Black-Scholes model to calculate the price of an option (put/call) related to any underlying security traded in the U.S. markets. The inputs used in this calculation are the strike price, the price of the underlying security, the risk-free rate, time to maturity, the dividend rate, and the volatility of the underlying security. We have provided close approximations to the price of the underlying security, the risk-free rate, and the volatility. The application automatically updates these inputs based on time sensitivity but the user is not restricted to them, each user can change any input to any figure he/she feels comfortable with. The other inputs (strike price, dividend rate, and time to maturity) aren’t provided automatically and are to be inputted at the user’s discretion. In using this inputs, the main output that is calculated is the price of the option (call/put), but we have also provided other outputs known as ‘The Greeks’ that represent the sensitivity of the option to changes in any of the input variables. Such Greeks include; the delta, gamma, vega, theta and rho. The second part of the application calculates the implied volatility of the option (cal/put), this is the volatility implied by the market price of the option based on the Black-Scholes model. In other words, it is the volatility that, when used in the Black-Scholes model, yields a theoretical value for the option equal to the current market price of that option. Implied volatility is known as a forward-looking measure, that differs from the historical volatility (which is calculated based on past movements in the price of the security).