Construct iron condors, credit spreads, iron butterflies, and 0DTE strategies on a visual strike ladder with live Black-Scholes pricing. The Oracle auto-selects the optimal structure based on the current EdgeOS signal direction, market regime, extension score, and IV environment.
Built for 0DTE and weekly options traders — auto-synced to the current EdgeOS signal.
Buy lower-strike call, sell higher-strike call. Net debit paid upfront.
Buy higher-strike put, sell lower-strike put. Net debit paid upfront.
Sell OTM call and OTM put, buy wings on both sides for defined risk.
Sell ATM call and ATM put, buy wings. Maximum premium collected in a tight range.
Sell OTM put, buy lower-strike put. Premium is collected upfront.
Sell OTM call, buy higher-strike call. Premium collected upfront in a defined-risk structure.
The Oracle strategy selector combines four real-time inputs to determine which options structure is most aligned with current market conditions. It does not guess — every selection is derived from live EdgeOS signal data, SPY regime classification, and the options chain.
If an active T1 bull count exists (bull > 0, SCTR > 9), Oracle leans bullish strategies. If bear count is active (bear > 0, SCTR < 4), it leans bearish. When no count is active, neutral premium-selling strategies are preferred.
Derived from the SPY SCTR score and bull/chop/bear classification. In a confirmed SPY bull regime, bullish strategies get priority. In chop, iron condors and butterflies are preferred. In a bear regime, bearish spreads dominate.
ext_score measures how far price has stretched from its Saty ATR trigger level. When ext_score > 1.0 (overextended), Oracle avoids debit spreads and prefers credit strategies with defined maximum risk, reducing directional exposure.
Sourced from live options chain data. When implied volatility is elevated relative to historical volatility, Oracle prefers selling premium (credit spreads, condors, butterflies). When IV is compressed, it prefers debit spreads where gamma and vega are in your favor.
The strike ladder displays all available options strikes in ascending order — lowest at the top, highest at the bottom — with the at-the-money strike centered and highlighted in yellow. Puts are shown in the left column, calls in the right column. Each cell displays the option's theoretical price, delta, and theta computed from live Black-Scholes pricing using the real-time options chain IV at that strike.
Click any cell once to buy that option — the cell turns green with a +1 badge. Click again to sell it — the cell turns red with a −1 badge. A third click clears the leg. The net position badge at each strike (+2, −1, etc.) shows your combined call and put exposure at that strike level.
As you build the strategy, the panel below the ladder updates in real time with the net debit or credit, max profit, max loss, and both breakeven prices. The expiry selector at the top of the ladder switches between available expirations — the strike list and all Black-Scholes prices recompute automatically when you change the expiry date.
| Put Price | Put Δ | Strike | Call Δ | Call Price |
|---|---|---|---|---|
| $0.45 | −0.08 | 590 | +0.12 | $0.62 |
| $1.10 | −0.18 | 595 | +0.22 | $1.45 |
| $2.85 | −0.38 | ATM600 | +0.39 | $2.90 |
| $5.20 | −0.62 | 605 | +0.19 | $1.30 |
| $8.10 | −0.82 | 610 | +0.09 | $0.55 |
An options strategy builder lets you construct multi-leg options trades — iron condors, credit spreads, iron butterflies, and more — on a visual strike ladder showing each strike's call and put prices. TraderValue's options strategy builder uses live Black-Scholes pricing from the real-time options chain, calculates max profit, max loss, and breakeven prices for any combination, and shows the net position (bought and sold legs) at each strike. The Oracle feature auto-selects the optimal strategy based on the current EdgeOS signal direction, market regime, and extension level.
TraderValue's options strategy builder supports six core strategies: Bull Call Spread (buy lower call, sell higher call — for bullish setups), Bear Put Spread (buy higher put, sell lower put — for bearish setups), Iron Condor (sell OTM call + put, buy wings — for neutral/range-bound markets), Iron Butterfly (sell ATM call + put, buy wings — for tight-range premium collection), Bull Put Credit Spread (sell OTM put, buy lower put — for bullish regimes with high IV), and Bear Call Credit Spread (sell OTM call, buy higher call — for bearish regimes). The Oracle auto-selects the strategy most aligned with the current EdgeOS signal.
Oracle combines four inputs to choose the optimal strategy: (1) EdgeOS signal direction — if T1 bull count is active (bull > 0, SCTR > 9), Oracle leans bullish strategies; if bear count is active, it leans bearish. (2) Market regime — in a confirmed SPY bull regime, bull call spreads and bull put credit spreads get priority; in chop, iron condors and butterflies are preferred. (3) Extension score — if ext_score > 1.0 (price already stretched), Oracle avoids long debit spreads and prefers credit strategies with defined risk. (4) IV environment — when implied volatility is elevated vs historical, Oracle prefers selling premium (credit spreads, condors); when IV is compressed, it prefers debit spreads.
The strike ladder displays all available options strikes from lowest (top) to highest (bottom), with the at-the-money strike centered and highlighted. The left column shows puts at each strike, the right column shows calls. Each cell displays the option's theoretical price, delta, and theta from Black-Scholes. Click a cell once to buy that option (green highlight with +1 badge), click again to sell it (red highlight with -1 badge). The ladder updates when you select a different expiry date, and the net position badge at each strike shows your combined call+put exposure (+2, -1, etc.). The strategy's net P&L, max profit, max loss, and breakeven prices update in real time as you build.
The TraderValue options strategy builder works for any expiry. The default expiry shown is the nearest weekly or 0DTE (same-day expiry if available). For 0DTE trading, the builder is designed to work alongside the Oracle ML signal — when Oracle shows BUY or SELL with high confidence, it suggests a directional spread (bull call or bear put); when Oracle is NEUTRAL or confidence is low, it suggests an iron condor or butterfly to collect theta. For swing trades (5-21 DTE), credit spreads and iron condors are the most common use cases.
Live strike ladder, Oracle auto-select, Black-Scholes pricing, and real-time P&L — all in one workspace alongside EdgeOS charts, options flow, and GEX levels.
Unusual options activity — premium sweeps and block trades that feed the Oracle strategy selector's IV and flow signals.
Live BUY/SELL/NEUTRAL directional bias updated every 30 minutes using VWAP, EMA, RSI, and market internals.
7-year backtest across 799,000 T1 signals. Win rates by SCTR tier, trend type, extension score, and regime — the data behind Oracle strategy selection.
The Options Strategy Builder and Oracle auto-select are for educational and informational purposes only. Not investment advice. Options trading involves substantial risk of loss, including the risk of losing the entire premium paid. Always understand the maximum risk of any strategy before placing a trade.