Install any skill in seconds. Free to start, no credit card required.
Get Started Free →Options trading strategy analysis and simulation tool. Provides theoretical pricing using Black-Scholes model, Greeks calculation, strategy P/L simulation, and risk management guidance.
SkillScore86/100
Test results 86
3/3 safety checks passed
73%86%of test cases passed +14 pts
Passed 19 of 22 test cases with the skill, and 16 of 22 without it.
4 fixed15 passed either way2 still failing1 broke
One test taskWhen exporting the options strategy analysis summary markdown report for an AAPL Bull Call Spread generated on November 8, 2025, what exact file naming structure should be assigned?
Adds every file the skill has, pinned so you can update it. No account needed.
pip install "decimalai>=0.15"
decimalai skills add nicepkg-options-strategy-advisor
claude --plugin-dir "$(git rev-parse --show-toplevel 2>/dev/null || pwd)/.agents"The same install from Python, for a notebook or a setup script.
pip install "decimalai>=0.15"from decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
print("Added. Start Claude Code with the command below.")claude --plugin-dir "$(git rev-parse --show-toplevel 2>/dev/null || pwd)/.agents"Type these in a Claude Code session. No account or API key. It writes the skill and any files it bundles, and asks first when its safety rating isn't Passed.
/plugin marketplace add decimal-labs/decimalai-claude-plugins
/plugin install decimalai@decimalai/decimalai:install nicepkg-options-strategy-advisorThe plugin needs python3 and curl on your machine.
No Python or account. Claude Code picks it up in its next session.
curl -fsSL --create-dirs -o .claude/skills/nicepkg-options-strategy-advisor/SKILL.md https://app.decimal.ai/s/nicepkg-options-strategy-advisor/SKILL.md.claude/skills/nicepkg-options-strategy-advisor/SKILL.mdThis gets SKILL.md only. The skill's 1 other file is not included.
agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[claude-agent-sdk]"
decimalai skills add nicepkg-options-strategy-advisorimport asyncio
from claude_agent_sdk import ClaudeAgentOptions
from decimalai.claude_agent_sdk import agent_config
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
async def main():
question = "Hello!"
async with support.run(question) as run: # one user message, one run
async for message in run.query(options=ClaudeAgentOptions(max_turns=6)):
print(message)
# In a notebook or async code: await main()
asyncio.run(main())Prefer its own loader? ClaudeAgentOptions(plugins=[skills_plugin()], skills="all") reads the same folder. Use one or the other: a skill delivered both ways reaches the prompt twice.
The same install from Python, for a notebook or a setup script. agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[claude-agent-sdk]"from decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
import asyncio
from claude_agent_sdk import ClaudeAgentOptions
from decimalai.claude_agent_sdk import agent_config
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
async def main():
question = "Hello!"
async with support.run(question) as run: # one user message, one run
async for message in run.query(options=ClaudeAgentOptions(max_turns=6)):
print(message)
# In a notebook or async code: await main()
asyncio.run(main())Prefer its own loader? ClaudeAgentOptions(plugins=[skills_plugin()], skills="all") reads the same folder. Use one or the other: a skill delivered both ways reaches the prompt twice.
No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdimport asyncio
from pathlib import Path
from claude_agent_sdk import ClaudeAgentOptions, query
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
options = ClaudeAgentOptions(system_prompt=f"You are a helpful agent.\n\n{skill}", max_turns=6)
async def main():
async for message in query(prompt="Hello!", options=options):
print(message)
# In a notebook or async code: await main()
asyncio.run(main())This gets SKILL.md only. The skill's 1 other file is not included.
agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[openai-agents]"
decimalai skills add nicepkg-options-strategy-advisorfrom agents import Agent, Runner
from decimalai.openai_agents import agent_config
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
agent = Agent(
name=support.name,
instructions=support.instructions, # your prompt, then the skill list
tools=[*support.tools], # your tools, then load_skill
)
# In a notebook or async code: result = await Runner.run(agent, "Hello!")
result = Runner.run_sync(agent, "Hello!")Using SandboxAgent? capabilities=[Shell(), decimalai.openai_agents.sandbox_skills()] points its own loader at the same folder.
The same install from Python, for a notebook or a setup script. agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[openai-agents]"from decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
from agents import Agent, Runner
from decimalai.openai_agents import agent_config
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
agent = Agent(
name=support.name,
instructions=support.instructions, # your prompt, then the skill list
tools=[*support.tools], # your tools, then load_skill
)
# In a notebook or async code: result = await Runner.run(agent, "Hello!")
result = Runner.run_sync(agent, "Hello!")Using SandboxAgent? capabilities=[Shell(), decimalai.openai_agents.sandbox_skills()] points its own loader at the same folder.
No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
from agents import Agent, Runner
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
agent = Agent(name="support", instructions=f"You are a helpful agent.\n\n{skill}")
# In a notebook or async code: result = await Runner.run(agent, "Hello!")
result = Runner.run_sync(agent, "Hello!")This gets SKILL.md only. The skill's 1 other file is not included.
agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[openai]"
decimalai skills add nicepkg-options-strategy-advisorimport json
from openai import OpenAI
from decimalai.openai import agent_config
client = OpenAI()
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
def lookup_order(order_id: str) -> str:
return f"Order {order_id} shipped yesterday."
# Your tools, as Chat Completions takes them, and what answers each.
TOOLS = [{"type": "function", "function": {
"name": "lookup_order",
"description": "Look up the status of an order.",
"parameters": {"type": "object", "properties": {"order_id": {"type": "string"}},
"required": ["order_id"]},
}}]
FUNCTIONS = {"lookup_order": lookup_order}
question = "Where is order A1001?"
with support.run(question) as run: # one user message, one run
# run.system is your prompt, then the skill list.
messages = [{"role": "system", "content": run.system}, run.message]
while True:
reply = client.chat.completions.create(
model="gpt-5.4-mini",
messages=messages,
tools=[*TOOLS, *run.tools], # your tools, then load_skill
).choices[0].message
messages.append(reply)
if not reply.tool_calls:
break
for call in reply.tool_calls:
# load_skill is answered by the run; your own tools by FUNCTIONS.
function = FUNCTIONS.get(call.function.name)
messages.append(run.tool_result(call) or {
"role": "tool", "tool_call_id": call.id,
"content": function(**json.loads(call.function.arguments)) if function
else f"There is no tool named {call.function.name!r}.",
})
print(reply.content)
# The Responses API takes run.response_tools instead of run.tools.The same install from Python, for a notebook or a setup script. agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[openai]"from decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
import json
from openai import OpenAI
from decimalai.openai import agent_config
client = OpenAI()
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
def lookup_order(order_id: str) -> str:
return f"Order {order_id} shipped yesterday."
# Your tools, as Chat Completions takes them, and what answers each.
TOOLS = [{"type": "function", "function": {
"name": "lookup_order",
"description": "Look up the status of an order.",
"parameters": {"type": "object", "properties": {"order_id": {"type": "string"}},
"required": ["order_id"]},
}}]
FUNCTIONS = {"lookup_order": lookup_order}
question = "Where is order A1001?"
with support.run(question) as run: # one user message, one run
# run.system is your prompt, then the skill list.
messages = [{"role": "system", "content": run.system}, run.message]
while True:
reply = client.chat.completions.create(
model="gpt-5.4-mini",
messages=messages,
tools=[*TOOLS, *run.tools], # your tools, then load_skill
).choices[0].message
messages.append(reply)
if not reply.tool_calls:
break
for call in reply.tool_calls:
# load_skill is answered by the run; your own tools by FUNCTIONS.
function = FUNCTIONS.get(call.function.name)
messages.append(run.tool_result(call) or {
"role": "tool", "tool_call_id": call.id,
"content": function(**json.loads(call.function.arguments)) if function
else f"There is no tool named {call.function.name!r}.",
})
print(reply.content)
# The Responses API takes run.response_tools instead of run.tools.No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
from openai import OpenAI
client = OpenAI()
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
reply = client.chat.completions.create(
model="gpt-5.4-mini",
messages=[
{"role": "system", "content": f"You are a helpful agent.\n\n{skill}"},
{"role": "user", "content": "Hello!"},
],
).choices[0].messageThis gets SKILL.md only. The skill's 1 other file is not included.
agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[anthropic]"
decimalai skills add nicepkg-options-strategy-advisorimport anthropic
from decimalai.anthropic import agent_config
client = anthropic.Anthropic()
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
question = "Hello!"
with support.run(question) as run: # one user message, one run
answer = client.beta.messages.tool_runner(
model="claude-haiku-5-5",
max_tokens=4096,
system=run.system, # your prompt, then the skill list
tools=[*run.tools], # your tools, then load_skill
messages=[{"role": "user", "content": question}],
).until_done()The same install from Python, for a notebook or a setup script. agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[anthropic]"from decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
import anthropic
from decimalai.anthropic import agent_config
client = anthropic.Anthropic()
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
question = "Hello!"
with support.run(question) as run: # one user message, one run
answer = client.beta.messages.tool_runner(
model="claude-haiku-5-5",
max_tokens=4096,
system=run.system, # your prompt, then the skill list
tools=[*run.tools], # your tools, then load_skill
messages=[{"role": "user", "content": question}],
).until_done()No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
import anthropic
client = anthropic.Anthropic()
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
reply = client.messages.create(
model="claude-haiku-5-5",
max_tokens=4096,
system=f"You are a helpful agent.\n\n{skill}",
messages=[{"role": "user", "content": "Hello!"}],
)This gets SKILL.md only. The skill's 1 other file is not included.
agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[google-genai]"
decimalai skills add nicepkg-options-strategy-advisorfrom google import genai
from google.genai import types
from decimalai.google_genai import agent_config
client = genai.Client()
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
def lookup_order(order_id: str) -> str:
return f"Order {order_id} shipped yesterday."
# Your functions, as declarations for the model, and what answers each.
TOOLS = [{"function_declarations": [{
"name": "lookup_order",
"description": "Look up the status of an order.",
"parameters_json_schema": {"type": "object", "properties": {"order_id": {"type": "string"}},
"required": ["order_id"]},
}]}]
FUNCTIONS = {"lookup_order": lookup_order}
question = "Where is order A1001?"
with support.run(question) as run: # one user message, one run
config = types.GenerateContentConfig(
system_instruction=run.system, # your prompt, then the skill list
tools=[*TOOLS, *run.tool_params], # your functions, then load_skill
)
contents = [{"role": "user", "parts": [{"text": run.message}]}]
while True:
response = client.models.generate_content(
model="gemini-3.5-flash", contents=contents, config=config,
)
if not response.function_calls:
break
contents.append(response.candidates[0].content)
parts = []
for call in response.function_calls:
# load_skill is answered by the run; your own functions by FUNCTIONS.
# A loop of your own rather than automatic function calling, which
# raises KeyError when the model asks for a function you did not pass.
function = FUNCTIONS.get(call.name)
parts.append(run.tool_result(call) or {"function_response": {
"name": call.name, "id": call.id,
"response": {"result": function(**(call.args or {})) if function
else f"There is no function named {call.name!r}."},
}})
contents.append({"role": "user", "parts": parts})
print(response.text)The same install from Python, for a notebook or a setup script. agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[google-genai]"from decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
from google import genai
from google.genai import types
from decimalai.google_genai import agent_config
client = genai.Client()
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
def lookup_order(order_id: str) -> str:
return f"Order {order_id} shipped yesterday."
# Your functions, as declarations for the model, and what answers each.
TOOLS = [{"function_declarations": [{
"name": "lookup_order",
"description": "Look up the status of an order.",
"parameters_json_schema": {"type": "object", "properties": {"order_id": {"type": "string"}},
"required": ["order_id"]},
}]}]
FUNCTIONS = {"lookup_order": lookup_order}
question = "Where is order A1001?"
with support.run(question) as run: # one user message, one run
config = types.GenerateContentConfig(
system_instruction=run.system, # your prompt, then the skill list
tools=[*TOOLS, *run.tool_params], # your functions, then load_skill
)
contents = [{"role": "user", "parts": [{"text": run.message}]}]
while True:
response = client.models.generate_content(
model="gemini-3.5-flash", contents=contents, config=config,
)
if not response.function_calls:
break
contents.append(response.candidates[0].content)
parts = []
for call in response.function_calls:
# load_skill is answered by the run; your own functions by FUNCTIONS.
# A loop of your own rather than automatic function calling, which
# raises KeyError when the model asks for a function you did not pass.
function = FUNCTIONS.get(call.name)
parts.append(run.tool_result(call) or {"function_response": {
"name": call.name, "id": call.id,
"response": {"result": function(**(call.args or {})) if function
else f"There is no function named {call.name!r}."},
}})
contents.append({"role": "user", "parts": parts})
print(response.text)No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
from google import genai
from google.genai import types
client = genai.Client()
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
response = client.models.generate_content(
model="gemini-3.5-flash",
contents="Hello!",
config=types.GenerateContentConfig(system_instruction=f"You are a helpful agent.\n\n{skill}"),
)This gets SKILL.md only. The skill's 1 other file is not included.
agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[langchain]" langchain-openai
decimalai skills add nicepkg-options-strategy-advisorfrom langchain.agents import create_agent
from decimalai.langchain import agent_config
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
agent = create_agent(
"openai:gpt-5.4-mini",
tools=[], # your tools; the middleware adds load_skill
middleware=[support.middleware], # your prompt, the skill list and load_skill
)
result = agent.invoke({"messages": [{"role": "user", "content": "Hello!"}]})The same install from Python, for a notebook or a setup script. agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[langchain]" langchain-openaifrom decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
from langchain.agents import create_agent
from decimalai.langchain import agent_config
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
agent = create_agent(
"openai:gpt-5.4-mini",
tools=[], # your tools; the middleware adds load_skill
middleware=[support.middleware], # your prompt, the skill list and load_skill
)
result = agent.invoke({"messages": [{"role": "user", "content": "Hello!"}]})No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
from langchain.agents import create_agent
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
agent = create_agent("openai:gpt-5.4-mini", tools=[], system_prompt=f"You are a helpful agent.\n\n{skill}")
result = agent.invoke({"messages": [{"role": "user", "content": "Hello!"}]})This gets SKILL.md only. The skill's 1 other file is not included.
CrewAI's own skill loader reads the installed folder. No DecimalAI account needed.
pip install "decimalai>=0.16" "crewai>=1.15.27"
decimalai skills add nicepkg-options-strategy-advisorimport decimalai.crewai
from crewai import Agent, Crew, Task
agent = Agent(
role="Support", goal="Help the customer", backstory="A support agent.",
llm=llm, # your own CrewAI LLM
skills=decimalai.crewai.skills(), # the installed folder
tools=decimalai.crewai.skill_tools(), # reads a skill's files, runs its scripts
)
task = Task(description="Hello!", expected_output="an answer", agent=agent)
Crew(agents=[agent], tasks=[task]).kickoff()The same install from Python, for a notebook or a setup script. CrewAI's own skill loader reads the installed folder. No DecimalAI account needed.
pip install "decimalai>=0.16" "crewai>=1.15.27"from decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
import decimalai.crewai
from crewai import Agent, Crew, Task
agent = Agent(
role="Support", goal="Help the customer", backstory="A support agent.",
llm=llm, # your own CrewAI LLM
skills=decimalai.crewai.skills(), # the installed folder
tools=decimalai.crewai.skill_tools(), # reads a skill's files, runs its scripts
)
task = Task(description="Hello!", expected_output="an answer", agent=agent)
Crew(agents=[agent], tasks=[task]).kickoff()No DecimalAI package. CrewAI's own loader reads the folder, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
from crewai import Agent, Crew, Task
agent = Agent(
role="Support", goal="Help the customer", backstory="A support agent.",
llm=llm, # your own CrewAI LLM
skills=[Path(".agents/skills")],
)
task = Task(description="Hello!", expected_output="an answer", agent=agent)
Crew(agents=[agent], tasks=[task]).kickoff()This gets SKILL.md only. The skill's 1 other file is not included.
agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[adk]"
decimalai skills add nicepkg-options-strategy-advisorfrom decimalai.adk import DecimalAIPlugin, agent_config
from google.adk.agents import LlmAgent
from google.adk.apps import App
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
agent = LlmAgent(
name="support", # ADK needs a Python identifier
model="gemini-3.5-flash",
instruction=support.instruction, # your prompt, then the skill list
tools=[*support.tools], # your tools, then load_skill
)
# DecimalAIPlugin makes each invocation of runners built from this App one trace.
app = App(name="support", root_agent=agent, plugins=[DecimalAIPlugin()])Prefer ADK's own loader? SkillToolset(skills=decimalai.adk.skills(), ...) reads the same folder. Use one or the other: a skill delivered both ways reaches the prompt twice.
The same install from Python, for a notebook or a setup script. agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[adk]"from decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
from decimalai.adk import DecimalAIPlugin, agent_config
from google.adk.agents import LlmAgent
from google.adk.apps import App
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
agent = LlmAgent(
name="support", # ADK needs a Python identifier
model="gemini-3.5-flash",
instruction=support.instruction, # your prompt, then the skill list
tools=[*support.tools], # your tools, then load_skill
)
# DecimalAIPlugin makes each invocation of runners built from this App one trace.
app = App(name="support", root_agent=agent, plugins=[DecimalAIPlugin()])Prefer ADK's own loader? SkillToolset(skills=decimalai.adk.skills(), ...) reads the same folder. Use one or the other: a skill delivered both ways reaches the prompt twice.
No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
from google.adk.agents import LlmAgent
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
agent = LlmAgent(
name="support",
model="gemini-3.5-flash",
instruction=lambda context: f"You are a helpful agent.\n\n{skill}",
)This gets SKILL.md only. The skill's 1 other file is not included.
agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[pydantic-ai]"
decimalai skills add nicepkg-options-strategy-advisorfrom pydantic_ai import Agent
from decimalai.pydantic_ai import agent_config
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
agent = Agent(
"openai:gpt-4o-mini",
name=support.name,
tools=[], # your tools; the capability adds load_skill
capabilities=[support], # your prompt, the skill list and load_skill
)
# In a notebook or async code: result = await agent.run("Hello!")
result = agent.run_sync("Hello!")On the Pydantic AI harness, decimalai.pydantic_ai_harness.skills(project) uses its own loader instead.
The same install from Python, for a notebook or a setup script. agent_config() hands your agent the skill. With no DecimalAI key it reads your project's files and sends nothing. Needs SDK 0.27 or newer.
pip install "decimalai[pydantic-ai]"from decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
from pydantic_ai import Agent
from decimalai.pydantic_ai import agent_config
# With no DECIMAL_API_KEY this reads the skills your project lists, from disk.
support = agent_config("support", fallback="You are a helpful agent.")
agent = Agent(
"openai:gpt-4o-mini",
name=support.name,
tools=[], # your tools; the capability adds load_skill
capabilities=[support], # your prompt, the skill list and load_skill
)
# In a notebook or async code: result = await agent.run("Hello!")
result = agent.run_sync("Hello!")On the Pydantic AI harness, decimalai.pydantic_ai_harness.skills(project) uses its own loader instead.
No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
from pydantic_ai import Agent
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
agent = Agent("openai:gpt-4o-mini", instructions=f"You are a helpful agent.\n\n{skill}")
# In a notebook or async code: result = await agent.run("Hello!")
result = agent.run_sync("Hello!")This gets SKILL.md only. The skill's 1 other file is not included.
Deep Agents' own skill loader reads the installed folder. No DecimalAI account needed.
pip install "decimalai>=0.16" deepagents
decimalai skills add nicepkg-options-strategy-advisorimport decimalai.deepagents
from deepagents import create_deep_agent
agent = create_deep_agent(model=model, **decimalai.deepagents.skills())
agent.invoke({"messages": [{"role": "user", "content": "Hello!"}]})The default backend reads files but has no shell. To run a skill's scripts, pass skills(backend=LocalShellBackend(...)).
The same install from Python, for a notebook or a setup script. Deep Agents' own skill loader reads the installed folder. No DecimalAI account needed.
pip install "decimalai>=0.16" deepagentsfrom decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
import decimalai.deepagents
from deepagents import create_deep_agent
agent = create_deep_agent(model=model, **decimalai.deepagents.skills())
agent.invoke({"messages": [{"role": "user", "content": "Hello!"}]})The default backend reads files but has no shell. To run a skill's scripts, pass skills(backend=LocalShellBackend(...)).
No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
from deepagents import create_deep_agent
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
agent = create_deep_agent(model=model, system_prompt=f"You are a helpful agent.\n\n{skill}")
agent.invoke({"messages": [{"role": "user", "content": "Hello!"}]})This gets SKILL.md only. The skill's 1 other file is not included.
Its own skill loader reads the installed folder. No DecimalAI account needed.
pip install "decimalai>=0.16" agent-framework
decimalai skills add nicepkg-options-strategy-advisorimport asyncio
from agent_framework import Agent
from decimalai.agent_framework import skills
agent = Agent(client=client, instructions="You are a helpful agent.", context_providers=[skills()])
asyncio.run(agent.run("Hello!"))It caches skills by default, so restart the process after decimalai skills update.
The same install from Python, for a notebook or a setup script. Its own skill loader reads the installed folder. No DecimalAI account needed.
pip install "decimalai>=0.16" agent-frameworkfrom decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
import asyncio
from agent_framework import Agent
from decimalai.agent_framework import skills
agent = Agent(client=client, instructions="You are a helpful agent.", context_providers=[skills()])
asyncio.run(agent.run("Hello!"))It caches skills by default, so restart the process after decimalai skills update.
No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdimport asyncio
from pathlib import Path
from agent_framework import Agent
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
agent = Agent(client=client, instructions=f"You are a helpful agent.\n\n{skill}")
asyncio.run(agent.run("Hello!"))This gets SKILL.md only. The skill's 1 other file is not included.
Strands' own skill loader reads the installed folder. No DecimalAI account needed.
pip install "decimalai>=0.16" strands-agents
decimalai skills add nicepkg-options-strategy-advisorfrom decimalai.strands import skills
from strands import Agent
from strands.vended_tools import file_editor, shell
agent = Agent(
model=model, # always pass one: the default is Amazon Bedrock
system_prompt="You are a helpful agent.",
tools=[file_editor, shell],
plugins=[skills()],
)
agent("Hello!")Strands loads an agent's skills once, so build the agent again after decimalai skills update.
The same install from Python, for a notebook or a setup script. Strands' own skill loader reads the installed folder. No DecimalAI account needed.
pip install "decimalai>=0.16" strands-agentsfrom decimalai import skillpkg
# Writes .agents/skills and .decimal/skills.toml. Safe to run twice.
result = skillpkg.add("nicepkg-options-strategy-advisor")
if result.exit_code:
raise SystemExit(result.problems)
from decimalai.strands import skills
from strands import Agent
from strands.vended_tools import file_editor, shell
agent = Agent(
model=model, # always pass one: the default is Amazon Bedrock
system_prompt="You are a helpful agent.",
tools=[file_editor, shell],
plugins=[skills()],
)
agent("Hello!")Strands loads an agent's skills once, so build the agent again after decimalai skills update.
No DecimalAI package. The whole skill goes in every prompt, and nothing pins or updates it.
.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdfrom pathlib import Path
from strands import Agent
skill = Path(".agents/skills/nicepkg-options-strategy-advisor/SKILL.md").read_text()
agent = Agent(model=model, system_prompt=f"You are a helpful agent.\n\n{skill}")
agent("Hello!")This gets SKILL.md only. The skill's 1 other file is not included.
Adds every file the skill has, pinned so you can update it. Cursor, Copilot, Cline and Warp read this folder by themselves.
pip install "decimalai>=0.15"
decimalai skills add nicepkg-options-strategy-advisorNo Python or account. Cursor, Copilot, Cline and Warp read this folder by themselves.
curl -fsSL --create-dirs -o .agents/skills/nicepkg-options-strategy-advisor/SKILL.md https://app.decimal.ai/s/nicepkg-options-strategy-advisor/SKILL.md.agents/skills/nicepkg-options-strategy-advisor/SKILL.mdThis gets SKILL.md only. The skill's 1 other file is not included.
Give its text to your model as instructions. No account or package needed.
This gets SKILL.md only. The skill's 1 other file is not included.
Raw files: /s/nicepkg-options-strategy-advisor/SKILL.md · /s/nicepkg-options-strategy-advisor.json
Fetch the file and give its text to your model as instructions. No account or package needed.
curl -fsSL https://app.decimal.ai/s/nicepkg-options-strategy-advisor/SKILL.mdcurl -fsSL https://app.decimal.ai/s/nicepkg-options-strategy-advisor.jsonThis gets SKILL.md only. The skill's 1 other file is not included.
You don't need a DecimalAI account.
Saved prompts and skills, pinned versions, and traces of this skill in your runs. DecimalAI does not run your agent.
Claude Code reads files from your project, so DecimalAI config does not apply there.
On Claude Agent SDK: save the skill to an agent here, set DECIMAL_API_KEY, and the same code uses it with no command to run. Changes you save reach the next run with no redeploy.
On OpenAI Agents: save the skill to an agent here, set DECIMAL_API_KEY, and the same code uses it with no command to run. Changes you save reach the next run with no redeploy.
On OpenAI SDK: save the skill to an agent here, set DECIMAL_API_KEY, and the same code uses it with no command to run. Changes you save reach the next run with no redeploy.
On Anthropic: save the skill to an agent here, set DECIMAL_API_KEY, and the same code uses it with no command to run. Changes you save reach the next run with no redeploy.
On Gemini API: save the skill to an agent here, set DECIMAL_API_KEY, and the same code uses it with no command to run. Changes you save reach the next run with no redeploy.
On LangChain: save the skill to an agent here, set DECIMAL_API_KEY, and the same code uses it with no command to run. Changes you save reach the next run with no redeploy.
On CrewAI: set DECIMAL_API_KEY and add decimalai.init(crewai=True) to record runs and skill use. The skill version stays in your repo.
On Google ADK: save the skill to an agent here, set DECIMAL_API_KEY, and the same code uses it with no command to run. Changes you save reach the next run with no redeploy.
On Pydantic AI: save the skill to an agent here, set DECIMAL_API_KEY, and the same code uses it with no command to run. Changes you save reach the next run with no redeploy.
On Deep Agents: set DECIMAL_API_KEY and add decimalai.init(langchain=True) to record runs and skill use. The skill version stays in your repo.
On Microsoft Agent Framework: set DECIMAL_API_KEY and add decimalai.init(otel=True, agent_name="support") to record runs and skill use. The skill version stays in your repo.
On Strands: set DECIMAL_API_KEY and add decimalai.init(otel=True, agent_name="support") to record runs and skill use. The skill version stays in your repo.
Editors read files from your project, so DecimalAI config does not apply there.
Anywhere else: record a use with decimalai.log_skill_activation() inside a trace.
This skill provides comprehensive options strategy analysis and education using theoretical pricing models. It helps traders understand, analyze, and simulate options strategies without requiring real-time market data subscriptions.
Core Capabilities:
Data Sources:
Use this skill when:
Example requests:
Required from User:
Optional from User:
Fetched from FMP API:
Example User Input:
Ticker: AAPL
Strategy: Bull Call Spread
Long Strike: $180
Short Strike: $185
Expiration: 30 days
Contracts: 10
IV: 25% (or use HV if not provided)
Objective: Estimate volatility from historical price movements.
Method:
# Fetch 90 days of price data
prices = get_historical_prices("AAPL", days=90)
# Calculate daily returns
returns = np.log(prices / prices.shift(1))
# Annualized volatility
HV = returns.std() * np.sqrt(252) # 252 trading days
Output:
User Can Override:
--iv 28.0 parameterBlack-Scholes Model:
For European-style options:
Call Price = S * N(d1) - K * e^(-r*T) * N(d2)
Put Price = K * e^(-r*T) * N(-d2) - S * N(-d1)
Where:
d1 = [ln(S/K) + (r + σ²/2) * T] / (σ * √T)
d2 = d1 - σ * √T
S = Current stock price
K = Strike price
r = Risk-free rate
T = Time to expiration (years)
σ = Volatility (IV or HV)
N() = Cumulative standard normal distribution
Adjustments:
Python Implementation:
from scipy.stats import norm
import numpy as np
def black_scholes_call(S, K, T, r, sigma, q=0):
"""
S: Stock price
K: Strike price
T: Time to expiration (years)
r: Risk-free rate
sigma: Volatility
q: Dividend yield
"""
d1 = (np.log(S/K) + (r - q + 0.5*sigma**2)*T) / (sigma*np.sqrt(T))
d2 = d1 - sigma*np.sqrt(T)
call_price = S*np.exp(-q*T)*norm.cdf(d1) - K*np.exp(-r*T)*norm.cdf(d2)
return call_price
def black_scholes_put(S, K, T, r, sigma, q=0):
d1 = (np.log(S/K) + (r - q + 0.5*sigma**2)*T) / (sigma*np.sqrt(T))
d2 = d1 - sigma*np.sqrt(T)
put_price = K*np.exp(-r*T)*norm.cdf(-d2) - S*np.exp(-q*T)*norm.cdf(-d1)
return put_price
Output for Each Option Leg:
The Greeks measure option price sensitivity to various factors:
Delta (Δ): Change in option price per $1 change in stock price
def delta_call(S, K, T, r, sigma, q=0):
d1 = (np.log(S/K) + (r - q + 0.5*sigma**2)*T) / (sigma*np.sqrt(T))
return np.exp(-q*T) * norm.cdf(d1)
def delta_put(S, K, T, r, sigma, q=0):
d1 = (np.log(S/K) + (r - q + 0.5*sigma**2)*T) / (sigma*np.sqrt(T))
return np.exp(-q*T) * (norm.cdf(d1) - 1)
Gamma (Γ): Change in delta per $1 change in stock price
def gamma(S, K, T, r, sigma, q=0):
d1 = (np.log(S/K) + (r - q + 0.5*sigma**2)*T) / (sigma*np.sqrt(T))
return np.exp(-q*T) * norm.pdf(d1) / (S * sigma * np.sqrt(T))
Theta (Θ): Change in option price per day (time decay)
def theta_call(S, K, T, r, sigma, q=0):
d1 = (np.log(S/K) + (r - q + 0.5*sigma**2)*T) / (sigma*np.sqrt(T))
d2 = d1 - sigma*np.sqrt(T)
theta = (-S*norm.pdf(d1)*sigma*np.exp(-q*T)/(2*np.sqrt(T))
- r*K*np.exp(-r*T)*norm.cdf(d2)
+ q*S*norm.cdf(d1)*np.exp(-q*T))
return theta / 365 # Per day
Vega (ν): Change in option price per 1% change in volatility
def vega(S, K, T, r, sigma, q=0):
d1 = (np.log(S/K) + (r - q + 0.5*sigma**2)*T) / (sigma*np.sqrt(T))
return S * np.exp(-q*T) * norm.pdf(d1) * np.sqrt(T) / 100 # Per 1%
Rho (ρ): Change in option price per 1% change in interest rate
def rho_call(S, K, T, r, sigma, q=0):
d2 = (np.log(S/K) + (r - q + 0.5*sigma**2)*T) / (sigma*np.sqrt(T)) - sigma*np.sqrt(T)
return K * T * np.exp(-r*T) * norm.cdf(d2) / 100 # Per 1%
Position Greeks:
For a strategy with multiple legs, sum Greeks across all legs:
# Example: Bull Call Spread
# Long 1x $180 call
# Short 1x $185 call
delta_position = (1 * delta_long) + (-1 * delta_short)
gamma_position = (1 * gamma_long) + (-1 * gamma_short)
theta_position = (1 * theta_long) + (-1 * theta_short)
vega_position = (1 * vega_long) + (-1 * vega_short)
Greeks Interpretation:
| Greek | Meaning | Example |
|---|---|---|
| Delta | Directional exposure | Δ = 0.50 → $50 profit if stock +$1 |
| Gamma | Delta acceleration | Γ = 0.05 → Delta increases by 0.05 if stock +$1 |
| Theta | Daily time decay | Θ = -$5 → Lose $5/day from time passing |
| Vega | Volatility sensitivity | ν = $10 → Gain $10 if IV increases 1% |
| Rho | Interest rate sensitivity | ρ = $2 → Gain $2 if rates increase 1% |
Objective: Calculate profit/loss at various stock prices at expiration.
Method:
Generate stock price range (e.g., ±30% from current price):
current_price = 180
price_range = np.linspace(current_price * 0.7, current_price * 1.3, 100)
For each price point, calculate P/L:
def calculate_pnl(strategy, stock_price_at_expiration):
pnl = 0
for leg in strategy.legs:
if leg.type == 'call':
intrinsic_value = max(0, stock_price_at_expiration - leg.strike)
else: # put
intrinsic_value = max(0, leg.strike - stock_price_at_expiration)
if leg.position == 'long':
pnl += (intrinsic_value - leg.premium_paid) * 100 # Per contract
else: # short
pnl += (leg.premium_received - intrinsic_value) * 100
return pnl * num_contracts
Key Metrics:
Example Output:
Bull Call Spread: $180/$185 on AAPL (30 DTE, 10 contracts)
Current Price: $180.00
Net Debit: $2.50 per spread ($2,500 total)
Max Profit: $2,500 (at $185+)
Max Loss: -$2,500 (at $180-)
Breakeven: $182.50
Risk/Reward: 1:1
Probability Profit: ~55% (if stock stays above $182.50)
Visual representation of P/L across stock prices:
def generate_pnl_diagram(price_range, pnl_values, current_price, width=60, height=15):
"""Generate ASCII P/L diagram"""
# Normalize to chart dimensions
max_pnl = max(pnl_values)
min_pnl = min(pnl_values)
lines = []
lines.append(f"\nP/L Diagram: {strategy_name}")
lines.append("-" * width)
# Y-axis levels
levels = np.linspace(max_pnl, min_pnl, height)
for level in levels:
if abs(level) < (max_pnl - min_pnl) * 0.05:
label = f" 0 |" # Zero line
else:
label = f"{level:6.0f} |"
row = label
for i in range(width - len(label)):
idx = int(i / (width - len(label)) * len(price_range))
pnl = pnl_values[idx]
price = price_range[idx]
# Determine character
if abs(pnl - level) < (max_pnl - min_pnl) / height:
if pnl > 0:
char = '█' # Profit
elif pnl < 0:
char = '░' # Loss
else:
char = '─' # Breakeven
elif abs(level) < (max_pnl - min_pnl) * 0.05:
char = '─' # Zero line
elif abs(price - current_price) < (price_range[-1] - price_range[0]) * 0.02:
char = '│' # Current price line
else:
char = ' '
row += char
lines.append(row)
lines.append(" " * 6 + "|" + "-" * (width - 6))
lines.append(" " * 6 + f"${price_range[0]:.0f}" + " " * (width - 20) + f"${price_range[-1]:.0f}")
lines.append(" " * (width // 2 - 5) + "Stock Price")
return "\n".join(lines)
Example Output:
P/L Diagram: Bull Call Spread $180/$185
------------------------------------------------------------
+2500 | ████████████████████
| ██████
| ██████
| ██████
0 | ──────
| ░░░░░░
|░░░░░░
-2500 |░░░░░
|____________________________________________________________
$126 $180 $234
Stock Price
Legend: █ Profit ░ Loss ── Breakeven │ Current Price
Provide tailored guidance based on strategy type:
Covered Call:
Income Strategy: Generate premium while capping upside
Setup:
- Own 100 shares of AAPL @ $180
- Sell 1x $185 call (30 DTE) for $3.50
Max Profit: $850 (Stock at $185+ = $5 stock gain + $3.50 premium)
Max Loss: Unlimited downside (stock ownership)
Breakeven: $176.50 (Cost basis - premium received)
Greeks:
- Delta: -0.30 (reduces stock delta from 1.00 to 0.70)
- Theta: +$8/day (time decay benefit)
Assignment Risk: If AAPL > $185 at expiration, shares called away
When to Use:
- Neutral to slightly bullish
- Want income in sideways market
- Willing to sell stock at $185
Exit Plan:
- Buy back call if stock rallies strongly (preserve upside)
- Let expire if stock stays below $185
- Roll to next month if want to keep shares
Protective Put:
Insurance Strategy: Limit downside while keeping upside
Setup:
- Own 100 shares of AAPL @ $180
- Buy 1x $175 put (30 DTE) for $2.00
Max Profit: Unlimited (stock can rise infinitely)
Max Loss: -$7 per share = ($5 stock loss + $2 premium)
Breakeven: $182 (Cost basis + premium paid)
Greeks:
- Delta: +0.80 (stock delta 1.00 - put delta 0.20)
- Theta: -$6/day (time decay cost)
Protection: Guaranteed to sell at $175, no matter how far stock falls
When to Use:
- Own stock, worried about short-term drop
- Earnings coming up, want protection
- Alternative to stop-loss (can't be stopped out)
Cost: "Insurance premium" - typically 1-3% of stock value
Exit Plan:
- Let expire worthless if stock rises (cost of insurance)
- Exercise put if stock falls below $175
- Sell put if stock drops but want to keep shares
Iron Condor:
Range-Bound Strategy: Profit from low volatility
Setup (example on AAPL @ $180):
- Sell $175 put for $1.50
- Buy $170 put for $0.50
- Sell $185 call for $1.50
- Buy $190 call for $0.50
Net Credit: $2.00 ($200 per iron condor)
Max Profit: $200 (if stock stays between $175-$185)
Max Loss: $300 (if stock moves outside $170-$190)
Breakevens: $173 and $187
Profit Range: $175 to $185 (58% probability)
Greeks:
- Delta: ~0 (market neutral)
- Theta: +$15/day (time decay benefit)
- Vega: -$25 (short volatility)
When to Use:
- Expect low volatility, range-bound movement
- After big move, think consolidation
- High IV environment (sell expensive options)
Risk: Unlimited if one side tested
- Use stop loss at 2x credit received (exit at -$400)
Adjustments:
- If tested on one side, roll that side out in time
- Close early at 50% max profit to reduce tail risk
Integration with Earnings Calendar:
When user asks about earnings strategies, fetch earnings date:
from earnings_calendar import get_next_earnings_date
earnings_date = get_next_earnings_date("AAPL")
days_to_earnings = (earnings_date - today).days
Pre-Earnings Strategies:
Long Straddle/Strangle:
Setup (AAPL @ $180, earnings in 7 days):
- Buy $180 call for $5.00
- Buy $180 put for $4.50
- Total Cost: $9.50
Thesis: Expect big move (>5%) but unsure of direction
Breakevens: $170.50 and $189.50
Profit if: Stock moves >$9.50 in either direction
Greeks:
- Delta: ~0 (neutral)
- Vega: +$50 (long volatility)
- Theta: -$25/day (time decay hurts)
IV Crush Risk: ⚠️ CRITICAL
- Pre-earnings IV: 40% (elevated)
- Post-earnings IV: 25% (typical)
- IV drop: -15 points = -$750 loss even if stock doesn't move!
Analysis:
- Implied Move: √(DTE/365) × IV × Stock Price
= √(7/365) × 0.40 × 180 = ±$10.50
- Breakeven Move Needed: ±$9.50
- Probability Profit: ~30-40% (implied move > breakeven move)
Recommendation:
✅ Consider if you expect >10% move (larger than implied)
❌ Avoid if expect normal ~5% earnings move (IV crush will hurt)
Alternative: Buy further OTM strikes to reduce cost
- $175/$185 strangle cost $4.00 (need >$8 move, but cheaper)
Short Iron Condor:
Setup (AAPL @ $180, earnings in 7 days):
- Sell $170/$175 put spread for $2.00
- Sell $185/$190 call spread for $2.00
- Net Credit: $4.00
Thesis: Expect stock to stay range-bound ($175-$185)
Profit Zone: $175 to $185
Max Profit: $400
Max Loss: $100
IV Crush Benefit: ✅
- Short high IV before earnings
- IV drops after earnings → profit on vega
- Even if stock moves slightly, IV drop helps
Greeks:
- Delta: ~0 (market neutral)
- Vega: -$40 (short volatility - good here!)
- Theta: +$20/day
Recommendation:
✅ Good if expect normal earnings reaction (<8% move)
✅ Benefit from IV crush regardless of direction
⚠️ Risk if stock gaps outside range (>10% move)
Exit Plan:
- Close next day if IV crushed (capture profit early)
- Use stop loss if one side tested (-2x credit)
Position Sizing:
Account Size: $50,000
Risk Tolerance: 2% per trade = $1,000 max risk
Iron Condor Example:
- Max loss per spread: $300
- Max contracts: $1,000 / $300 = 3 contracts
- Actual position: 3 iron condors
Bull Call Spread Example:
- Debit paid: $2.50 per spread
- Max contracts: $1,000 / $250 = 4 contracts
- Actual position: 4 spreads
Portfolio Greeks Management:
Portfolio Guidelines:
- Delta: -10 to +10 (mostly neutral)
- Theta: Positive preferred (seller advantage)
- Vega: Monitor if >$500 (IV risk)
Current Portfolio:
- Delta: +5 (slightly bullish)
- Theta: +$150/day (collecting $150 daily)
- Vega: -$300 (short volatility)
Interpretation:
✅ Neutral delta (safe)
✅ Positive theta (time working for you)
⚠️ Short vega: If IV spikes, lose $300 per 1% IV increase
→ Reduce short premium positions if VIX rising
Adjustments and Exits:
Exit Rules by Strategy:
Covered Call:
- Profit: 50-75% of max profit
- Loss: Stock drops >5%, buy back call to preserve upside
- Time: 7-10 DTE, roll to avoid assignment
Spreads:
- Profit: 50% of max profit (close early, reduce tail risk)
- Loss: 2x debit paid (cut losses early)
- Time: 21 DTE, close or roll (avoid gamma risk)
Iron Condor:
- Profit: 50% of credit (close early common)
- Loss: One side tested, 2x credit lost
- Adjustment: Roll tested side out in time
Straddle/Strangle:
- Profit: Stock moved >breakeven, close immediately
- Loss: Theta eating position, stock not moving
- Time: Day after earnings (if earnings play)
Strategy Analysis Report Template:
# Options Strategy Analysis: [Strategy Name]
**Symbol:** [TICKER]
**Strategy:** [Strategy Type]
**Expiration:** [Date] ([DTE] days)
**Contracts:** [Number]
---
## Strategy Setup
### Leg Details
| Leg | Type | Strike | Price | Position | Quantity |
|-----|------|--------|-------|----------|----------|
| 1 | Call | $180 | $5.00 | Long | 1 |
| 2 | Call | $185 | $2.50 | Short | 1 |
**Net Debit/Credit:** $2.50 debit ($250 total for 1 spread)
---
## Profit/Loss Analysis
**Max Profit:** $250 (at $185+)
**Max Loss:** -$250 (at $180-)
**Breakeven:** $182.50
**Risk/Reward Ratio:** 1:1
**Probability Analysis:**
- Probability of Profit: ~55% (stock above $182.50)
- Expected Value: $25 (simplified)
---
## P/L Diagram
[ASCII art diagram here]
---
## Greeks Analysis
### Position Greeks (1 spread)
- **Delta:** +0.20 (gains $20 if stock +$1)
- **Gamma:** +0.03 (delta increases by 0.03 if stock +$1)
- **Theta:** -$5/day (loses $5 per day from time decay)
- **Vega:** +$8 (gains $8 if IV increases 1%)
### Interpretation
- **Directional Bias:** Slightly bullish (positive delta)
- **Time Decay:** Working against you (negative theta)
- **Volatility:** Benefits from IV increase (positive vega)
---
## Risk Assessment
### Maximum Risk
**Scenario:** Stock falls below $180
**Max Loss:** -$250 (100% of premium paid)
**% of Account:** 0.5% (if $50k account)
### Assignment Risk
**Early Assignment:** Low (calls have time value)
**At Expiration:** Manage positions if in-the-money
---
## Trade Management
### Entry
✅ Enter if: [Conditions]
- Stock price $178-$182
- IV below 30%
- >21 DTE
### Profit Taking
- **Target 1:** 50% profit ($125) - Close half
- **Target 2:** 75% profit ($187.50) - Close all
### Stop Loss
- **Trigger:** Stock falls below $177 (-$150 loss)
- **Action:** Close position immediately
### Adjustments
- If stock rallies to $184, consider rolling short call higher
- If stock drops to $179, add second spread at $175/$180
---
## Suitability
### When to Use This Strategy
✅ Moderately bullish on AAPL
✅ Expect upside to $185-$190
✅ Want defined risk
✅ 21-45 DTE timeframe
### When to Avoid
❌ Very bullish (buy stock or long call instead)
❌ High IV environment (wait for IV to drop)
❌ Earnings in <7 days (IV crush risk)
---
## Alternatives Comparison
| Strategy | Max Profit | Max Loss | Complexity | When Better |
|----------|-----------|----------|------------|-------------|
| Bull Call Spread | $250 | -$250 | Medium | Moderately bullish |
| Long Call | Unlimited | -$500 | Low | Very bullish |
| Covered Call | $850 | Unlimited | Medium | Own stock already |
| Bull Put Spread | $300 | -$200 | Medium | Want credit spread |
**Recommendation:** Bull call spread is good balance of risk/reward for moderate bullish thesis.
---
*Disclaimer: This is theoretical analysis using Black-Scholes pricing. Actual market prices may differ. Trade at your own risk. Options are complex instruments with significant loss potential.*
File Naming Convention:
options_analysis_[TICKER]_[STRATEGY]_[DATE].md
Example: options_analysis_AAPL_BullCallSpread_2025-11-08.md
What Users Should Know:
Black-Scholes Assumptions:
Real vs Theoretical:
Best Practices:
Historical vs Implied Volatility:
Historical Volatility (HV): What happened
- Calculated from past price movements
- Objective, based on data
- Available for free (FMP API)
Implied Volatility (IV): What market expects
- Derived from option prices
- Subjective, based on supply/demand
- Requires live options data (user provides)
Comparison:
- IV > HV: Options expensive (consider selling)
- IV < HV: Options cheap (consider buying)
- IV = HV: Fairly priced
IV Percentile:
User provides current IV, we calculate percentile:
# Fetch 1-year HV data
historical_hvs = calculate_hv_series(prices_1yr, window=30)
# Calculate IV percentile
iv_percentile = percentileofscore(historical_hvs, current_iv)
if iv_percentile > 75:
guidance = "High IV - consider selling premium (credit spreads, iron condors)"
elif iv_percentile < 25:
guidance = "Low IV - consider buying options (long calls/puts, debit spreads)"
else:
guidance = "Normal IV - any strategy appropriate"
Earnings Calendar:
Technical Analyst:
US Stock Analysis:
Bubble Detector:
Portfolio Manager:
Use Case 1: Learn Strategy
User: "Explain a covered call"
Workflow:
1. Load strategy reference (references/strategies_guide.md)
2. Explain concept, risk/reward, when to use
3. Simulate example on AAPL
4. Show P/L diagram
5. Compare to alternatives
Use Case 2: Analyze Specific Trade
User: "Analyze $180/$185 bull call spread on AAPL, 30 days"
Workflow:
1. Fetch AAPL price from FMP
2. Calculate HV or ask user for IV
3. Price both options (Black-Scholes)
4. Calculate Greeks
5. Simulate P/L
6. Generate analysis report
Use Case 3: Earnings Strategy
User: "Should I trade options before NVDA earnings?"
Workflow:
1. Fetch NVDA earnings date (Earnings Calendar)
2. Calculate days to earnings
3. Estimate IV percentile (if user provides IV)
4. Suggest straddle/strangle vs iron condor
5. Warn about IV crush
6. Simulate both strategies
Use Case 4: Portfolio Greeks Check
User: "What are my total portfolio Greeks?"
Workflow:
1. User provides current positions
2. Calculate Greeks for each position
3. Sum Greeks across portfolio
4. Assess overall exposure
5. Suggest adjustments if needed
Problem: IV not available
Problem: Negative option price
Problem: Greeks seem wrong
Problem: Strategy too complex
References:
references/strategies_guide.md - All 17+ strategies explainedreferences/greeks_explained.md - Greeks deep divereferences/volatility_guide.md - HV vs IV, when to tradeScripts:
scripts/black_scholes.py - Pricing engine and Greeksscripts/strategy_analyzer.py - Strategy simulationscripts/earnings_strategy.py - Earnings-specific analysisExternal Resources:
Version: 1.0 Last Updated: 2025-11-08 Dependencies: Python 3.8+, numpy, scipy, pandas, requests API: FMP API (Free tier sufficient)
Automatically, when a task matches. Use when user requests options strategy analysis, covered calls, protective puts, spreads, iron condors, earnings plays, or options risk management. Includes volatility analysis, position sizing, and earnings-based strategy recommendations. Educational focus with practical trade simulation.
Skills that do similar work, with their headline benchmark lift.
From the same source and nearby in the catalogue.