Macroption
Tutorials
Calculators
Services
About
Contact
Get a Calculator
Sign In
Tutorials
Calculators
Services
About
Contact
Sign In
Get a Calculator
Tutorials and Reference
Options: The Basics
Options – overview of basic terms and concepts
What is an option? Calls and puts.
5 basic characteristics of every option
Strike vs. market price vs. underlying price
In the money, at the money, out of the money
Exercising options and expiration
Basic Option Positions
Call, Put, Long, Short, Bull, Bear… Confused?
Call option payoff diagram, formula and logic
Put option payoff diagram and formula
Short call payoff diagram and formula
Short put payoff diagram and formula
Long call vs. short put differences and when to trade which
Option Pricing and Greeks
Black-Scholes model – all resources
Black-Scholes model history and key papers
Black-Scholes model assumptions
Black-Scholes model inputs (parameters)
Black-Scholes formula (d1, d2, call price, put price, Greeks)
Black-Scholes Excel formulas and how to create a simple option pricing spreadsheet
Option Greeks Excel formulas
Option delta
Measuring directional exposure with delta: single option and option spreads
Volatility
Volatility start page (all resources)
Why is volatility proportional to the square root of time?
Volatility rule of 16
Historical volatility
Historical volatility calculation
Implied volatility
Calculating implied volatility in Excel
VIX (CBOE Volatility Index)
VIX start page (all resources)
What is VIX? (short and long answer)
VIX calculation explained
VIX-SPX correlation
VIX and S&P500 same direction statistics
VIX futures
VIX futures curve
VIX options
VIX expiration calendar (futures & options)
VIX ETF & ETN list
VIX COT (Commitment of Traders)
Statistics for Finance
Statistics start page (all resources)
Arithmetic average advantages and disadvantages
Arithmetic average: When to use it and when not
Median definition and calculation
Calculating variance and standard deviation in 4 easy steps
Population vs. sample variance and standard deviation
Skewness formula
Skewness in Excel (SKEW)
Kurtosis formula
Kurtosis in Excel (KURT)
Technical Analysis
The three moving average parameters
Finding the best moving average period length
RSI calculation
RSI overbought and oversold condition
True Range
ATR calculation
Momentum
Using MACD Histogram to trade the traditional MACD crossover
Other
Alternative Investments
Sharpe Ratio
Value at Risk advantages: Why use VAR in risk management
Value at Risk (VAR) limitations and disadvantages
You are in
Tutorials
Options 101: Beginner Tutorial
Option Payoff Excel Tutorial
Option Strategies
Option Greeks
Black-Scholes Model
Binomial Option Pricing Models
Volatility Tutorials
VIX and Volatility Products
Technical Analysis
Statistics for Finance
Other Tutorials and Notes
You are in
Tutorials
Options 101: Beginner Tutorial
Option Payoff Excel Tutorial
Option Strategies
Option Greeks
Black-Scholes Model
Binomial Option Pricing Models
Volatility Tutorials
VIX and Volatility Products
Technical Analysis
Statistics for Finance
Other Tutorials and Notes