Options Courses Sign in to access your PowerOptions account The PowerOptions AI Assistant has been updated to provide more useful information and navigation answers. If you have any strategy, navigation or service questions, please click the blue thought bubble that's hovering in the bottom-right of every PowerOptions page. We will continue iterating and improving the assistance it provides. Faster Account/Subscription Management **Update credit card expiration dates without re-entering everything.** When your card gets reissued with the same number but a new expiration date, you no longer have to retype the full card information. Just pick the new month and year from a dropdown, click Update Expiration, and you're done. Smarter Unusual Option Activity Scanner The Unusual Option Activity scanner has gained several new layers of insight powered by an expanded historical database going back to mid-2017: - **V/OI Percentile** shows where today's volume-to-open-interest ratio ranks against the past year of trading for each specific stock. A 95th-percentile reading means today's activity is heavier than 95% of the past 252 trading days for that name — cutting through differences in liquidity between large and small stocks. - **V/OI Z-Score** measures how statistically unusual today's reading is. A Z-Score of 2 or higher is rare (roughly the top 2.5% of days) and often coincides with news, earnings, or anticipated catalysts. - **Elevated Streak** counts consecutive days V/OI has stayed above its average. A multi-day streak suggests sustained positioning shifts rather than one-off spikes — useful for spotting quiet accumulation before it becomes obvious. - **Open Interest 1-day change** tells you whether the unusual volume is opening new positions (rising OI = high conviction) or closing existing ones (falling OI = profit-taking or covering). - **Per-side Call and Put V/OI** breaks down the activity by side so you can see whether the unusual flow is bullish, bearish, or hedging. - New filter dropdowns let you narrow results by V/OI Percentile, Z-Score, streak length, OI direction, security type (stocks/ETFs/indexes), price range, and call-vs-put bias. New V/OI History Detail Page Click any symbol in the scanner to open a dedicated **V/OI History page** for that stock. Each detail page includes: - A snapshot grid showing today's V/OI, percentile, Z-score, streak, total OI, total option volume, and call/put split. - An interactive 252-day chart showing the V/OI line with the mean and ±1 standard deviation bands. **Catalyst days** (Z = 2s) are marked with red dots — hover any one to see how the stock price reacted over the next 5 trading days. - A toggle to overlay the stock's percentage price change on the same timeline, so you can see how price movement relates to option activity over time. - A 252-day statistics summary covering Mean, Standard Deviation, High, Low, Range Position (where today sits between the window's high and low), and Z-Scores at both 126-day and 252-day windows. - A daily history table showing the most recent 30 trading days with V/OI, percentile, Z-score, call/put V/OI, OI, total volume, OI changes, and elevated streak. Improved Portfolio Transaction History The **Portfolio Transactions by Date** page has been refreshed: - New **Income Breakdown** card in Perf. Summary shows the sum of each of the KINDS of cash deposits that you entered over time to see cash amounts like Advisor Fees, Money Market Interest, etc. - New **Custom Date Range** option lets you pick any start and end date for your historical view. - New quick-filter timeframes including Last 7 Days, Last 6 Months, Last 12 Months, Last Month, and All Time (since your first trade). - Calendar Years are now grouped separately in the dropdown for easier navigation. - Editing a closed transaction now automatically adjusts your portfolio's Cash on Hand if the cost basis or sale price changes. The "Add Dividend" feature under stock positions and stock legs in the portfolio now supports adding a DRIP dividend reinvestment event as well as cash dividends. New Expected Move Calculator & Screener/Report has been added to the site. See how much the options market thinks any stock will move - before it happens. Instant expected price range - Enter any symbol and see the market-implied upside and downside range through the nearest expiration, calculated two ways (full straddle and the institutional 85% rule). Know when options are overpriced or cheap - IV Rank and IV/HV ratio tell you at a glance whether the expected move is inflated or understated compared to history. See which way the market is leaning - Put/call skew reveals whether traders are paying more for downside protection or upside speculation. Find earnings trades faster - Filter by upcoming earnings dates to spot stocks where the market is pricing in a big move, then compare it to what the stock has actually done in the past. Screen 1,800+ stocks at once - Sort and filter by price, sector, volume, open interest, and more to narrow down to the opportunities that fit your strategy. Visual probability cone - A clear chart shows the expected price range fanning out from today to expiration so you can see the risk at a glance. Seller probability - See the odds that a straddle seller profits - useful for iron condors, short strangles, and other premium-selling strategies. Earnings traders deciding whether to buy or sell premium around announcements. Covered call and cash-secured put sellers choosing strike prices outside the expected range. Iron condor and strangle traders setting short strikes where the market says the stock is unlikely to go. Anyone holding stock who wants to know how much the market expects it to move before the next expiration. Type a symbol to see its full expected move breakdown, or browse the screener to compare hundreds of stocks side by side. Use the filters to zero in on your price range, sector, or stocks with earnings coming up. Click any symbol in the screener for a detailed single-stock view with the probability cone, volatility analysis, and sentiment breakdown. Instant expected price range - Enter any symbol and see the market-implied upside and downside range through the nearest expiration, calculated two ways (full straddle and the institutional 85% rule). Know when options are overpriced or cheap - IV Rank and IV/HV ratio tell you at a glance whether the expected move is inflated or understated compared to history. See which way the market is leaning - Put/call skew reveals whether traders are paying more for downside protection or upside speculation. Find earnings trades faster - Filter by upcoming earnings dates to spot stocks where the market is pricing in a big move, then compare it to what the stock has actually done in the past. Screen 1,800+ stocks at once - Sort and filter by price, sector, volume, open interest, and more to narrow down to the opportunities that fit your strategy. Visual probability cone - A clear chart shows the expected price range fanning out from today to expiration so you can see the risk at a glance. Seller probability - See the odds that a straddle seller profits - useful for iron condors, short strangles, and other premium-selling strategies. Earnings traders deciding whether to buy or sell premium around announcements. Covered call and cash-secured put sellers choosing strike prices outside the expected range. Iron condor and strangle traders setting short strikes where the market says the stock is unlikely to go. Anyone holding stock who wants to know how much the market expects it to move before the next expiration. Type a symbol to see its full expected move breakdown, or browse the screener to compare hundreds of stocks side by side. Use the filters to zero in on your price range, sector, or stocks with earnings coming up. Click any symbol in the screener for a detailed single-stock view with the probability cone, volatility analysis, and sentiment breakdown. The IV Rank & IV Percentile Screener has been updated... New analytical columns (IV Chg, Z-Score, Mean Ratio, HV Rank) 9 filters with reset button Column header tooltips The IV Rank & IV History Charts have been updated... 5 charts total now 2 are new (IV vs HV, IV Rank/Percentile, IV-HV Spread 100d, IV Z-Score, Mean Ratio) 10 stat cards for quick data digestion 6 educational cards you can collapse with a toggle New analytical columns (IV Chg, Z-Score, Mean Ratio, HV Rank) 9 filters with reset button Column header tooltips 5 charts total now 2 are new (IV vs HV, IV Rank/Percentile, IV-HV Spread 100d, IV Z-Score, Mean Ratio) 10 stat cards for quick data digestion 6 educational cards you can collapse with a toggle New Sector Heat Map gives you an instant, color-coded overview of every market sector - sized by market cap and shaded by the metric that matters most to you: Options Activity - Spot where the smart money is trading. Sectors lit up with high option volume often signal institutional positioning or upcoming catalysts. Implied Volatility - Find the richest premiums. High-IV sectors are prime territory for credit strategies like covered calls and bull-put spreads. Price Movement - Track sector rotation in real time. Instantly see which sectors are leading the market and which are lagging. Click any sector to drill down. Every sector expands into a detailed breakdown grouped by industry, showing individual stock IV, IV Rank, option volume, and price change - so you can go from big-picture view to specific trade ideas in seconds. Deep-link from anywhere. Coming from a stock detail page, IV chart, or portfolio position? The heat map automatically opens to that stock's sector and highlights it, giving you instant context on where your stock sits within the broader market. Options Activity - Spot where the smart money is trading. Sectors lit up with high option volume often signal institutional positioning or upcoming catalysts. Implied Volatility - Find the richest premiums. High-IV sectors are prime territory for credit strategies like covered calls and bull-put spreads. Price Movement - Track sector rotation in real time. Instantly see which sectors are leading the market and which are lagging. We've updated the site with a new IV Rank Screener/Reporting tool . This is a new options analytics tool that scans the entire optionable stock universe to find stocks with unusually high or low implied volatility relative to their own 52-week history. Use it to decide *when* to sell premium (high IV rank) vs. buy premium (low IV rank). Screens liquid, optionable stocks (price > $5, option volume > 100 contracts/day, valid HV data) Ranks every stock by IV Rank (0-100) - where current implied volatility sits within its 52-week high/low range Color-codes results into four tiers: High (75-100, red), Elevated (50-75, amber), Normal (25-50, gray), and Low (0-25, green) Data columns including: IV Rank, IV Percentile, Current IV, 52-week IV range, IV-HV Spread, HV 50-day Screens liquid, optionable stocks (price > $5, option volume > 100 contracts/day, valid HV data) Ranks every stock by IV Rank (0-100) - where current implied volatility sits within its 52-week high/low range Color-codes results into four tiers: High (75-100, red), Elevated (50-75, amber), Normal (25-50, gray), and Low (0-25, green) Data columns including: IV Rank, IV Percentile, Current IV, 52-week IV range, IV-HV Spread, HV 50-day We've upgraded the Alerts section of the Portfolio. Introducing a new Alert Manager , this is a comprehensive tool for creating, managing, and monitoring price and condition-based alerts across all your portfolio positions. Key Features & User Actions... View Existing Alerts: For one or all portfolios. Bulk Alert Operations: Create an alert and apply to all positions at once. Alert Templates Create reusable alert configurations with custom names Assign templates to specific strategies or make them global Mark templates as "Default" to auto-select when creating new positions PowerOptions templates appear as suggestions on the position creation page We've also upgraded the new position page so you can quickly and easily select our alert suggestions or your own alert templates to be automatically added to the new position. View Existing Alerts: For one or all portfolios. Bulk Alert Operations: Create an alert and apply to all positions at once.

Alert Templates Create reusable alert configurations with custom names Assign templates to specific strategies or make them global Mark templates as "Default" to auto-select when creating new positions PowerOptions templates appear as suggestions on the position creation page We've released a beta version of an import tool for the PowerOptions Portfolio. Importing transaction CSV records from your broker makes it much easier for new users to get their PowerOptions Portfolio up and running with existing and historical positions. For existing Portfolio users, this process can make updating from actual broker trade records much faster and easier on a daily basis. Note: This tool is actively being tested and updated, so if you decide to give it a try, please consider importing to a new clean portfolio that you can create before importing. The Portfolio tools have been updated to allow keeping notes and trading diary at the portfolio level. Previously notes and trading logs were only available to specific positions. Now you can keep notes and reminders for each portfolio that will stay around as long as the portfolio does. Adjustments to cash using the Cash Deposit/Withdrawal feature will be automatically logged as a portfolio-level note. Portfolio Stress Testing: What-If Analysis for Your Positions A new Stress Test View has been added to your portfolio management system. This tool shows you exactly what would happen to each position if the underlying stock price suddenly moved up or down by various percentages. Why This Matters to You See your risk before it happens. Instead of wondering "what if the stock drops 10%?", you can now see the exact dollar impact on every position in seconds. Key Benefits Risk Management: Identify which positions are most vulnerable to market swings Position Sizing: Decide if you're too concentrated in risky positions Exit Planning: Know your worst-case scenarios before they happen Portfolio Balance: Compare how different strategies react to the same market move Color Coding: Green for gains, red for losses - instant visual feedback Strategy Grouping: See all your covered calls together, all your spreads together, etc. Real-Time Data: Uses current market prices for accurate projections Access: Available now in your Portfolio view under the "Stress Test" tab. Risk Management: Identify which positions are most vulnerable to market swings Position Sizing: Decide if you're too concentrated in risky positions Exit Planning: Know your worst-case scenarios before they happen Portfolio Balance: Compare how different strategies react to the same market move Color Coding: Green for gains, red for losses - instant visual feedback Strategy Grouping: See all your covered calls together, all your spreads together, etc. Real-Time Data: Uses current market prices for accurate projections Portfolio Transactions History Enhancement Summary The changes transform a basic transaction history page into a comprehensive trading performance analytics dashboard suitable for serious options traders and portfolio managers. New Performance Metrics Added... Kelly Criterion - Optimal position sizing (with Half Kelly recommendation) Sharpe Ratio - Annualized risk-adjusted returns Profit Factor - Total wins / total losses ratio Expectancy - Average expected profit per trade Win/Loss Analytics - Average win, average loss, win/loss ratio Extreme Values - Largest single win/loss with comparisons to averages Visual Enhancements Win Rate Progress Bar - CSS gradient visualization with % display Color Coding - Green (positive), Red (negative), Blue (neutral), Yellow (important) Performance Report Card - Professional bordered summary container Tips - Kelly Criterion explanation with warnings for negative values Trader Benefits Risk Assessment: Sharpe Ratio identifies risk-adjusted performance Position Sizing: Kelly Criterion with conservative recommendations System Evaluation: Profit Factor and Expectancy reveal trading edge Performance Visibility: Visual progress bars and color-coded metrics Kelly Criterion - Optimal position sizing (with Half Kelly recommendation) Sharpe Ratio - Annualized risk-adjusted returns Profit Factor - Total wins / total losses ratio Expectancy - Average expected profit per trade Win/Loss Analytics - Average win, average loss, win/loss ratio Extreme Values - Largest single win/loss with comparisons to averages Win Rate Progress Bar - CSS gradient visualization with % display Color Coding - Green (positive), Red (negative), Blue (neutral), Yellow (important) Performance Report Card - Professional bordered summary container Tips - Kelly Criterion explanation with warnings for negative values Added a gamma exposure tool to the Signature Tools section of the site. This can help visualize the highest positive gamma exposure strike price for an expiration of any stock/index/ETF. Many changes, additions and updates over the past 6 months, some of them include... Added a chart showing the number of stocks announcing earnings for the next month to the Earnings Report page to show the frequency of announcements throughout the year with particular attention to the major earnings periods. More portfolio-wide statistics have been added to the Transactions view in the portfolio, like your average holding period for stocks vs. options, average gain/loss for stocks vs. options, transaction counts and win/loss rate. We improved the Age column in the Portfolio view to show the days you've been in an option position in addition to the days till expiration (DTE) that was previously shown. Enlarged the font size in the notes view/edit for individual positions. Corrected monetary requirement for Condor and Butterfly. Changed all stock chart links to a new chart provider after previous provider shutdown charts. Added more tab links in the Portfolio for easier access to the Valuation, Snapshot and Allocation views of your positions. Updated the Timeframe and Realized/Unrealized drop-downs for each of the portfolio views to be consistent. Corrected some issues with API data availability outside of market trading hours. Increased our back-end option symbol data capacities as September saw the highest number of options we've ever processed. Updated the Market Sentiment tool with newer and more responsive format. Added a chart showing the number of stocks announcing earnings for the next month to the Earnings Report page to show the frequency of announcements throughout the year with particular attention to the major earnings periods. More portfolio-wide statistics have been added to the Transactions view in the portfolio, like your average holding period for stocks vs. options, average gain/loss for stocks vs. options, transaction counts and win/loss rate. We improved the Age column in the Portfolio view to show the days you've been in an option position in addition to the days till expiration (DTE) that was previously shown. Enlarged the font size in the notes view/edit for individual positions. Corrected monetary requirement for Condor and Butterfly. Changed all stock chart links to a new chart provider after previous provider shutdown charts. Added more tab links in the Portfolio for easier access to the Valuation, Snapshot and Allocation views of your positions. Updated the Timeframe and Realized/Unrealized drop-downs for each of the portfolio views to be consistent. Corrected some issues with API data availability outside of market trading hours. Increased our back-end option symbol data capacities as September saw the highest number of options we've ever processed. Updated the Market Sentiment tool with newer and more responsive format.