Model

Use cases · Individuals

Options trader: 20 ways to use Ora

Picks strategies by volatility regime, expected range and the event calendar. Each example is a complete, runnable request with the real answers it returned (30 requests, captured 2026-10-31), what they mean and, where it fits, the action it would send.

Run withAnswers were captured on ora-fin-0.1.1. Another model changes the request JSON and the Playground link; run it there to see its answers.

Rule functions and facts used by this player (48)

offset 7 atr 6 std 6 ref 6 log 5 sqrt 5 abs 5 sma 5 bbupper 3 max 3 bblower 2 min 2 last_earnings_move 2 pays_dividend 2 adx 1 between 1 days_to_earnings 1 last_earnings_gap 1 next_report_amc 1 macdhist 1 rsi 1 cut_last 1 swinglow 1 bbmid 1 percentrank 1 atr_pct 1 days_since_ex_div 1 days_to_ex_div 1 hanging_man 1 harami_bear 1 highest 1 inverted_hammer 1 shooting_star 1 lowest 1 tr 1 beats_last4 1 ema 1 eps_growth_yoy 1 avg 1 years_of_growth 1 days_since_split 1 days_to_split 1 last_split_ratio 1 splits_5y 1 barssince 1 crossup 1 beat_eps_last 1 days_since_earnings 1

Examples 1–10 of 20 · page 1 of 2

Options trader · example 1

Sell premium on SPY? Volatility regime check

Short premium works when realized volatility is calm and likely to stay calm; check both before selling.

ora-fin-0.1.1SPY5 questions

StateSPY
Questions5 asked
Answersreal, captured
Actionsnone

State

{"symbol":"SPY"} The server fills in the latest completed session.

Questions

`hv_low`	English → rule	Is 20-day historical volatility below 20%?
`atr_low`	English → rule	Is the 14-day ATR less than 2% of the price?
`calm`	forecast	Will volatility calm down over the next 5 days? Volatility calming over 5 days
`vol_up`	forecast	Will volatility be higher over the next month? Higher volatility next month
`big5`	forecast	Will there be a big move in either direction in the next 5 days? A big move either way in 5 days

Answers

Question	Answer	Reading
`hv_low` Is 20-day historical volatility below 20% compiled to `std(log(C / C[-1]), 20) * sqrt(20 / 19) * sqrt(252) < 0.2`	0.9463	true
`atr_low` Is the 14-day ATR less than 2% of the price compiled to `atr(14) / C < 0.02`	0.9463	true
`calm` Volatility calming over 5 days	0.452	45% · close to even
`vol_up` Higher volatility next month	0.69	69% · likely
`big5` A big move either way in 5 days	0.425	43% · close to even

What it means

For SPY on the session of 2026-10-30: True now: Is 20-day historical volatility below 20%; Is the 14-day ATR less than 2% of the price. Forecasts: Volatility calming over 5 days 45%; Higher volatility next month 69%; A big move either way in 5 days 43%.

Calm realized volatility and low odds of a big move favor selling premium; rising volatility odds favor owning it instead.

Request JSON

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "SPY"
  },
  "questions": {
    "hv_low": {
      "type": "yes_no",
      "instructions": "Is 20-day historical volatility below 20%?"
    },
    "atr_low": {
      "type": "yes_no",
      "instructions": "Is the 14-day ATR less than 2% of the price?"
    },
    "calm": {
      "type": "yes_no",
      "instructions": "Will volatility calm down over the next 5 days?"
    },
    "vol_up": {
      "type": "yes_no",
      "instructions": "Will volatility be higher over the next month?"
    },
    "big5": {
      "type": "yes_no",
      "instructions": "Will there be a big move in either direction in the next 5 days?"
    }
  }
}

Response JSON (SPY, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "hv_low": {
      "yes_no": 0.9463,
      "rule": "std(log(C / C[-1]), 20) * sqrt(20 / 19) * sqrt(252) < 0.2",
      "basis": "pattern"
    },
    "atr_low": {
      "yes_no": 0.9463,
      "rule": "atr(14) / C < 0.02",
      "basis": "pattern"
    },
    "calm": {
      "yes_no": 0.452
    },
    "vol_up": {
      "yes_no": 0.69
    },
    "big5": {
      "yes_no": 0.425
    }
  },
  "context": {
    "symbol": "SPY",
    "as_of": "2026-10-30"
  }
}

atr log offset sqrt std

Try it in the Playground

Options trader · example 2

QQQ iron condor: is the stock range-bound

A condor needs a range: tight 10-day range, weak ADX, price mid-band.

ora-fin-0.1.1QQQ5 questions2 actions

StateQQQ
Questions5 asked
Answersreal, captured
Actions2 rules · dry run

State

{"symbol":"QQQ"} The server fills in the latest completed session.

Questions

`tight`	English → rule	Has the stock traded in a range of less than 5% over the last 10 sessions?
`no_trend`	rule	`adx(14) < 20` ADX under 20 (no trend)
`mid`	rule	`between((C - bblower(C, 20, 2)) / (bbupper(C, 20, 2) - bblower(C, 20, 2)), 0.3, 0.7)` Price in the middle of its Bollinger Bands
`move2`	forecast	Will the stock move more than 2% in either direction in 5 trading days? A 2%+ move either way in 5 days
`big5`	forecast	Will there be a big move in either direction in the next 5 days? A big move either way in 5 days

Answers

Question	Answer	Reading
`tight` Has the stock traded in a range of less than 5% over the last 10 sessions compiled to `max(H, 10) / min(L, 10) - 1 < 0.05`	0.1879	false
`no_trend` ADX under 20 (no trend)	0.0933	false
`mid` Price in the middle of its Bollinger Bands	0.05	false
`move2` A 2%+ move either way in 5 days	0.36	36% · unlikely
`big5` A big move either way in 5 days	0.355	36% · unlikely

Actions

Rules on the answers decide what to send.

tight >= 0.6 and no_trend >= 0.6 and move2 < 0.4→Slackoptions-desk

else→Slackoptions-desk

What each action would send 1 of 2 fired · dry run, nothing sent

condorrule false: skipped

no_condorwould send (dry run)Slack → options-desk

{
  "text": "QQQ (2026-10-30): not range-bound enough for a condor."
}

What it means

For QQQ on the session of 2026-10-30: Not true: Has the stock traded in a range of less than 5% over the last 10 sessions; ADX under 20 (no trend); Price in the middle of its Bollinger Bands. Forecasts: A 2%+ move either way in 5 days 36%; A big move either way in 5 days 36%. Fired: no_condor (Slack → options-desk).

Range rules true and low odds of a 2% move is a condor setup; a trend or high move odds means skip.

Request JSON

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "QQQ"
  },
  "questions": {
    "tight": {
      "type": "yes_no",
      "instructions": "Has the stock traded in a range of less than 5% over the last 10 sessions?"
    },
    "no_trend": {
      "type": "yes_no",
      "ask": "adx(14) < 20"
    },
    "mid": {
      "type": "yes_no",
      "ask": "between((C - bblower(C, 20, 2)) / (bbupper(C, 20, 2) - bblower(C, 20, 2)), 0.3, 0.7)"
    },
    "move2": {
      "type": "yes_no",
      "instructions": "Will the stock move more than 2% in either direction in 5 trading days?"
    },
    "big5": {
      "type": "yes_no",
      "instructions": "Will there be a big move in either direction in the next 5 days?"
    }
  },
  "actions": [
    {
      "id": "condor",
      "when": "tight >= 0.6 and no_trend >= 0.6 and move2 < 0.4",
      "do": "slack",
      "connection": "options-desk",
      "message": "{{symbol}} ({{as_of}}): range-bound (tight {{tight|pct}}, ADX under 20 {{no_trend|pct}}); 2% move odds {{move2|pct}}. Condor candidate."
    },
    {
      "id": "no_condor",
      "when": "else",
      "do": "slack",
      "connection": "options-desk",
      "message": "{{symbol}} ({{as_of}}): not range-bound enough for a condor."
    }
  ],
  "dry_run": true
}

Response JSON (QQQ, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "tight": {
      "yes_no": 0.1879,
      "rule": "max(H, 10) / min(L, 10) - 1 < 0.05",
      "basis": "pattern"
    },
    "no_trend": {
      "yes_no": 0.0933,
      "rule": "adx(14) < 20",
      "basis": "rule"
    },
    "mid": {
      "yes_no": 0.05,
      "rule": "between((C - bblower(C, 20, 2)) / (bbupper(C, 20, 2) - bblower(C, 20, 2)), 0.3, 0.7)",
      "basis": "rule"
    },
    "move2": {
      "yes_no": 0.36
    },
    "big5": {
      "yes_no": 0.355
    }
  },
  "context": {
    "symbol": "QQQ",
    "as_of": "2026-10-30"
  },
  "actions": [
    {
      "id": "condor",
      "fired": false,
      "status": "skipped"
    },
    {
      "id": "no_condor",
      "fired": true,
      "status": "dry_run",
      "do": "slack",
      "connection": "options-desk",
      "preview": {
        "text": "QQQ (2026-10-30): not range-bound enough for a condor."
      }
    }
  ]
}

adx bblower bbupper between max min

Try it in the Playground

Options trader · example 3

NVDA earnings straddle: does it move enough

Before buying a straddle into a report, check the date, the last reaction and the big-move odds.

ora-fin-0.1.1NVDA6 questions

StateNVDA
Questions6 asked
Answersreal, captured
Actionsnone

State

{"symbol":"NVDA"} The server fills in the latest completed session.

Questions

`soon`	English → rule	Is earnings in the next 14 days?
`big`	rule	`abs(last_earnings_move) > 5` Last earnings move bigger than 5%
`gap`	English → rule	Did the stock gap up after its last earnings?
`amc`	English → rule	Does the stock report after the close next time?
`big5`	forecast	Will there be a big move in either direction in the next 5 days? A big move either way in 5 days
`hv30`	forecast	Will annualized volatility over the next 21 sessions exceed 30%? Next-month volatility above 30%

Answers

Question	Answer	Reading
`soon` Is earnings in the next 14 days compiled to `days_to_earnings <= 14`	0.1033	false
`big` Last earnings move bigger than 5%	0.9463	true
`gap` Did the stock gap up after its last earnings compiled to `last_earnings_gap > 0`	0.9463	true
`amc` Does the stock report after the close next time compiled to `next_report_amc > 0.5`	0.8591	true
`big5` A big move either way in 5 days	0.318	32% · unlikely
`hv30` Next-month volatility above 30%	0.46	46% · close to even

What it means

For NVDA on the session of 2026-10-30: True now: Last earnings move bigger than 5%; Did the stock gap up after its last earnings; Does the stock report after the close next time. Not true: Is earnings in the next 14 days. Forecasts: A big move either way in 5 days 32%; Next-month volatility above 30% 46%.

A report inside two weeks with a history of large reactions supports owning the straddle; small past reactions argue for selling it.

Request JSON

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "NVDA"
  },
  "questions": {
    "soon": {
      "type": "yes_no",
      "instructions": "Is earnings in the next 14 days?"
    },
    "big": {
      "type": "yes_no",
      "ask": "abs(last_earnings_move) > 5"
    },
    "gap": {
      "type": "yes_no",
      "instructions": "Did the stock gap up after its last earnings?"
    },
    "amc": {
      "type": "yes_no",
      "instructions": "Does the stock report after the close next time?"
    },
    "big5": {
      "type": "yes_no",
      "instructions": "Will there be a big move in either direction in the next 5 days?"
    },
    "hv30": {
      "type": "yes_no",
      "instructions": "Will annualized volatility over the next 21 sessions exceed 30%?"
    }
  }
}

Response JSON (NVDA, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "soon": {
      "yes_no": 0.1033,
      "rule": "days_to_earnings <= 14",
      "basis": "pattern"
    },
    "big": {
      "yes_no": 0.9463,
      "rule": "abs(last_earnings_move) > 5",
      "basis": "rule"
    },
    "gap": {
      "yes_no": 0.9463,
      "rule": "last_earnings_gap > 0",
      "basis": "pattern"
    },
    "amc": {
      "yes_no": 0.8591,
      "rule": "next_report_amc > 0.5",
      "basis": "pattern"
    },
    "big5": {
      "yes_no": 0.318
    },
    "hv30": {
      "yes_no": 0.46
    }
  },
  "context": {
    "symbol": "NVDA",
    "as_of": "2026-10-30"
  }
}

abs days_to_earnings last_earnings_gap last_earnings_move next_report_amc

Try it in the Playground

Options trader · example 4

Covered calls on AAPL: extended enough to sell upside

Sell calls when the stock is stretched and momentum is fading, not when it is breaking out.

ora-fin-0.1.1AAPL5 questions2 actions

StateAAPL
Questions5 asked
Answersreal, captured
Actions2 rules · dry run

State

{"symbol":"AAPL"} The server fills in the latest completed session.

Questions

`ext`	English → rule	Is price extended more than 2 ATR above its 20-day average?
`rsi_ob`	rule	`rsi(C, 14) > 70` RSI above 70
`bb_up`	rule	`C > bbupper(C, 20, 2)` Closed above the upper Bollinger band
`hist_down`	rule	`macdhist(C) < ref(macdhist(C), -1)` MACD histogram falling
`rally5`	forecast	Will it rally at least 5% at some point in the next month? A 5% rally within a month

Answers

Question	Answer	Reading
`ext` Is price extended more than 2 ATR above its 20-day average compiled to `C - sma(C, 20) > 2 * atr(14)`	0.114	false
`rsi_ob` RSI above 70	0.0657	false
`bb_up` Closed above the upper Bollinger band	0.2547	false
`hist_down` MACD histogram falling	0.8034	true
`rally5` A 5% rally within a month	0.446	45% · close to even

Actions

Rules on the answers decide what to send.

ext >= 0.6 or (rsi_ob >= 0.6 and hist_down >= 0.6)→Slackoptions-desk

else→Slackoptions-desk

What each action would send 1 of 2 fired · dry run, nothing sent

sell_callsrule false: skipped

hold_shareswould send (dry run)Slack → options-desk

{
  "text": "AAPL (2026-10-30): not stretched; no covered call today."
}

What it means

For AAPL on the session of 2026-10-30: True now: MACD histogram falling. Not true: Is price extended more than 2 ATR above its 20-day average; RSI above 70; Closed above the upper Bollinger band. Forecasts: A 5% rally within a month 45%. Fired: hold_shares (Slack → options-desk).

When the stock is stretched and the MACD histogram is falling, the call premium is worth more than the capped upside.

Request JSON

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "AAPL"
  },
  "questions": {
    "ext": {
      "type": "yes_no",
      "instructions": "Is price extended more than 2 ATR above its 20-day average?"
    },
    "rsi_ob": {
      "type": "yes_no",
      "ask": "rsi(C, 14) > 70"
    },
    "bb_up": {
      "type": "yes_no",
      "ask": "C > bbupper(C, 20, 2)"
    },
    "hist_down": {
      "type": "yes_no",
      "ask": "macdhist(C) < ref(macdhist(C), -1)"
    },
    "rally5": {
      "type": "yes_no",
      "instructions": "Will it rally at least 5% at some point in the next month?"
    }
  },
  "actions": [
    {
      "id": "sell_calls",
      "when": "ext >= 0.6 or (rsi_ob >= 0.6 and hist_down >= 0.6)",
      "do": "slack",
      "connection": "options-desk",
      "message": "{{symbol}} ({{as_of}}): stretched (2 ATR {{ext|pct}}, RSI 70 {{rsi_ob|pct}}). Covered call window. 5% rally odds {{rally5|pct}}."
    },
    {
      "id": "hold_shares",
      "when": "else",
      "do": "slack",
      "connection": "options-desk",
      "message": "{{symbol}} ({{as_of}}): not stretched; no covered call today."
    }
  ],
  "dry_run": true
}

Response JSON (AAPL, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "ext": {
      "yes_no": 0.114,
      "rule": "C - sma(C, 20) > 2 * atr(14)",
      "basis": "pattern"
    },
    "rsi_ob": {
      "yes_no": 0.0657,
      "rule": "rsi(C, 14) > 70",
      "basis": "rule"
    },
    "bb_up": {
      "yes_no": 0.2547,
      "rule": "C > bbupper(C, 20, 2)",
      "basis": "rule"
    },
    "hist_down": {
      "yes_no": 0.8034,
      "rule": "macdhist(C) < ref(macdhist(C), -1)",
      "basis": "rule"
    },
    "rally5": {
      "yes_no": 0.446
    }
  },
  "context": {
    "symbol": "AAPL",
    "as_of": "2026-10-30"
  },
  "actions": [
    {
      "id": "sell_calls",
      "fired": false,
      "status": "skipped"
    },
    {
      "id": "hold_shares",
      "fired": true,
      "status": "dry_run",
      "do": "slack",
      "connection": "options-desk",
      "preview": {
        "text": "AAPL (2026-10-30): not stretched; no covered call today."
      }
    }
  ]
}

atr bbupper macdhist ref rsi sma

Try it in the Playground

Options trader · example 5

Cash-secured put on KO near support

Sell a put where you would happily own the shares: near support, in a long uptrend, dividend intact.

ora-fin-0.1.1KO5 questions

StateKO
Questions5 asked
Answersreal, captured
Actionsnone

State

{"symbol":"KO"} The server fills in the latest completed session.

Questions

`near_sup`	English → rule	Is the stock within 2% above its last swing low (support)?
`trend`	English → rule	Is the stock above its 200-day moving average?
`pays`	rule	`pays_dividend > 0.5` Pays a dividend
`no_cut`	rule	`cut_last < 0.5` Did not cut its last dividend
`drop5`	forecast	Will it drop at least 5% at some point in the next month? A 5% drawdown within a month

Answers

Question	Answer	Reading
`near_sup` Is the stock within 2% above its last swing low (support) compiled to `(C >= swinglow(5, 1)) and (C <= swinglow(5, 1) * 1.02)`	0.059	false
`trend` Is the stock above its 200-day moving average compiled to `C > sma(C, 200)`	0.9463	true
`pays` Pays a dividend	0.8591	true
`no_cut` Did not cut its last dividend	0.8591	true
`drop5` A 5% drawdown within a month	0.361	36% · unlikely

What it means

For KO on the session of 2026-10-30: True now: Is the stock above its 200-day moving average; Pays a dividend; Did not cut its last dividend. Not true: Is the stock within 2% above its last swing low (support). Forecasts: A 5% drawdown within a month 36%.

Near support in a dividend payer with a long uptrend is the place to sell puts; high drawdown odds mean a lower strike.

Request JSON

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "KO"
  },
  "questions": {
    "near_sup": {
      "type": "yes_no",
      "instructions": "Is the stock within 2% above its last swing low (support)?"
    },
    "trend": {
      "type": "yes_no",
      "instructions": "Is the stock above its 200-day moving average?"
    },
    "pays": {
      "type": "yes_no",
      "ask": "pays_dividend > 0.5"
    },
    "no_cut": {
      "type": "yes_no",
      "ask": "cut_last < 0.5"
    },
    "drop5": {
      "type": "yes_no",
      "instructions": "Will it drop at least 5% at some point in the next month?"
    }
  }
}

Response JSON (KO, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "near_sup": {
      "yes_no": 0.059,
      "rule": "(C >= swinglow(5, 1)) and (C <= swinglow(5, 1) * 1.02)",
      "basis": "pattern"
    },
    "trend": {
      "yes_no": 0.9463,
      "rule": "C > sma(C, 200)",
      "basis": "comparison"
    },
    "pays": {
      "yes_no": 0.8591,
      "rule": "pays_dividend > 0.5",
      "basis": "rule"
    },
    "no_cut": {
      "yes_no": 0.8591,
      "rule": "cut_last < 0.5",
      "basis": "rule"
    },
    "drop5": {
      "yes_no": 0.361
    }
  },
  "context": {
    "symbol": "KO",
    "as_of": "2026-10-30"
  }
}

cut_last pays_dividend sma swinglow

Try it in the Playground

Options trader · example 6

Long gamma when volatility is coiled: TSLA

A Bollinger squeeze and falling 5-day volatility often come before an expansion that favors owned options.

ora-fin-0.1.1TSLA5 questions1 action

StateTSLA
Questions5 asked
Answersreal, captured
Actions1 rule · dry run

State

{"symbol":"TSLA"} The server fills in the latest completed session.

Questions

`squeeze`	rule	`(bbupper(C, 20, 2) - bblower(C, 20, 2)) / bbmid(C, 20) < 0.06` Bollinger bands narrower than 6% of price
`comp`	rule	`std(C, 10) < 0.5 * std(C, 50)` Swings less than half their 50-day size
`bbw`	English → rule	Is Bollinger Band width at its lowest in 120 sessions?
`vol_rise`	forecast	Will volatility rise over the next 5 days? Volatility rising over 5 days
`big5`	forecast	Will there be a big move in either direction in the next 5 days? A big move either way in 5 days

Answers

Question	Answer	Reading
`squeeze` Bollinger bands narrower than 6% of price	0.1208	false
`comp` Swings less than half their 50-day size	0.1204	false
`bbw` Is Bollinger Band width at its lowest in 120 sessions compiled to `((bbupper(C, 20) - bblower(C, 20)) / bbmid(C, 20)) <= ref(min(((bbupper(C, 20) - bblower(C, 20)) / bbmid(C, 20)), 119), -1)`	0.1888	false
`vol_rise` Volatility rising over 5 days	0.38	38% · unlikely
`big5` A big move either way in 5 days	0.248	25% · unlikely

Actions

Rules on the answers decide what to send.

squeeze >= 0.6 or bbw >= 0.6→Webhookoptions-alerts

What each action would send 0 of 1 fired · dry run, nothing sent

alert_apprule false: skipped

What it means

For TSLA on the session of 2026-10-30: Not true: Bollinger bands narrower than 6% of price; Swings less than half their 50-day size; Is Bollinger Band width at its lowest in 120 sessions. Forecasts: Volatility rising over 5 days 38%; A big move either way in 5 days 25%. No action fired: every rule was false.

Compression plus rising-volatility odds is a reason to buy options, not sell them.

Request JSON

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "TSLA"
  },
  "questions": {
    "squeeze": {
      "type": "yes_no",
      "ask": "(bbupper(C, 20, 2) - bblower(C, 20, 2)) / bbmid(C, 20) < 0.06"
    },
    "comp": {
      "type": "yes_no",
      "ask": "std(C, 10) < 0.5 * std(C, 50)"
    },
    "bbw": {
      "type": "yes_no",
      "instructions": "Is Bollinger Band width at its lowest in 120 sessions?"
    },
    "vol_rise": {
      "type": "yes_no",
      "instructions": "Will volatility rise over the next 5 days?"
    },
    "big5": {
      "type": "yes_no",
      "instructions": "Will there be a big move in either direction in the next 5 days?"
    }
  },
  "actions": [
    {
      "id": "alert_app",
      "when": "squeeze >= 0.6 or bbw >= 0.6",
      "do": "webhook",
      "connection": "options-alerts",
      "body": {
        "symbol": "{{symbol}}",
        "signal": "vol_compression",
        "p_squeeze": "{{squeeze}}",
        "p_bbw_low": "{{bbw}}",
        "p_vol_rise_5d": "{{vol_rise}}",
        "as_of": "{{as_of}}"
      }
    }
  ],
  "dry_run": true
}

Response JSON (TSLA, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "squeeze": {
      "yes_no": 0.1208,
      "rule": "(bbupper(C, 20, 2) - bblower(C, 20, 2)) / bbmid(C, 20) < 0.06",
      "basis": "rule"
    },
    "comp": {
      "yes_no": 0.1204,
      "rule": "std(C, 10) < 0.5 * std(C, 50)",
      "basis": "rule"
    },
    "bbw": {
      "yes_no": 0.1888,
      "rule": "((bbupper(C, 20) - bblower(C, 20)) / bbmid(C, 20)) <= ref(min(((bbupper(C, 20) - bblower(C, 20)) / bbmid(C, 20)), 119), -1)",
      "basis": "pattern"
    },
    "vol_rise": {
      "yes_no": 0.38
    },
    "big5": {
      "yes_no": 0.248
    }
  },
  "context": {
    "symbol": "TSLA",
    "as_of": "2026-10-30"
  },
  "actions": [
    {
      "id": "alert_app",
      "fired": false,
      "status": "skipped"
    }
  ]
}

bblower bbmid bbupper min ref std

Try it in the Playground

Options trader · example 7

Realized volatility term structure on AMD

Compare short and long realized volatility, written out with std, log and sqrt.

ora-fin-0.1.1AMD5 questions

StateAMD
Questions5 asked
Answersreal, captured
Actionsnone

State

{"symbol":"AMD"} The server fills in the latest completed session.

Questions

`hv20`	rule	`std(log(C / C[-1]), 20) * sqrt(252) > 0.4` 20-day realized volatility above 40%
`hv5_gt`	English → rule	Is 5-day volatility higher than 20-day volatility?
`hv_rank`	rule	`percentrank(std(log(C / C[-1]), 20), 252) > 70` Realized volatility in the top 30% of its year
`hv30`	forecast	Will annualized volatility over the next 21 sessions exceed 30%? Next-month volatility above 30%
`vol_up`	forecast	Will volatility be higher over the next month? Higher volatility next month

Answers

Question	Answer	Reading
`hv20` 20-day realized volatility above 40%	0.9363	true
`hv5_gt` Is 5-day volatility higher than 20-day volatility compiled to `std(log(C / C[-1]), 5) * sqrt(5 / 4) > std(log(C / C[-1]), 20) * sqrt(20 / 19)`	0.9281	true
`hv_rank` Realized volatility in the top 30% of its year	0.2344	false
`hv30` Next-month volatility above 30%	0.501	50% · close to even
`vol_up` Higher volatility next month	0.394	39% · unlikely

What it means

For AMD on the session of 2026-10-30: True now: 20-day realized volatility above 40%; Is 5-day volatility higher than 20-day volatility. Not true: Realized volatility in the top 30% of its year. Forecasts: Next-month volatility above 30% 50%; Higher volatility next month 39%.

High realized volatility in the top of its yearly range is rich premium to sell only if the forecast says it will fall.

Request JSON

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "AMD"
  },
  "questions": {
    "hv20": {
      "type": "yes_no",
      "ask": "std(log(C / C[-1]), 20) * sqrt(252) > 0.4"
    },
    "hv5_gt": {
      "type": "yes_no",
      "instructions": "Is 5-day volatility higher than 20-day volatility?"
    },
    "hv_rank": {
      "type": "yes_no",
      "ask": "percentrank(std(log(C / C[-1]), 20), 252) > 70"
    },
    "hv30": {
      "type": "yes_no",
      "instructions": "Will annualized volatility over the next 21 sessions exceed 30%?"
    },
    "vol_up": {
      "type": "yes_no",
      "instructions": "Will volatility be higher over the next month?"
    }
  }
}

Response JSON (AMD, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "hv20": {
      "yes_no": 0.9363,
      "rule": "std(log(C / C[-1]), 20) * sqrt(252) > 0.4",
      "basis": "rule"
    },
    "hv5_gt": {
      "yes_no": 0.9281,
      "rule": "std(log(C / C[-1]), 5) * sqrt(5 / 4) > std(log(C / C[-1]), 20) * sqrt(20 / 19)",
      "basis": "pattern"
    },
    "hv_rank": {
      "yes_no": 0.2344,
      "rule": "percentrank(std(log(C / C[-1]), 20), 252) > 70",
      "basis": "rule"
    },
    "hv30": {
      "yes_no": 0.501
    },
    "vol_up": {
      "yes_no": 0.394
    }
  },
  "context": {
    "symbol": "AMD",
    "as_of": "2026-10-30"
  }
}

log offset percentrank sqrt std

Try it in the Playground

Options trader · example 8

Weekly options scan: big-move odds for SPY, QQQ, IWM, TLT, GLD

Every Monday before the open, which underlyings are likely to move 2% this week.

ora-fin-0.1.15 symbols, one request each4 questions1 actionworkflow · Mon at 09:00 ET

ScheduleMon at 09:00 ET
State5 symbols
Questions4 asked
Answersreal, captured
Actions1 rule · dry run

State

{"symbol":"SPY"} then QQQ, IWM, TLT, GLD, one request each. The server fills in the latest completed session.

Questions

`move2`	forecast	Will the stock move more than 2% in either direction in 5 trading days? A 2%+ move either way in 5 days
`big5`	forecast	Will there be a big move in either direction in the next 5 days? A big move either way in 5 days
`atr`	rule	`atr_pct(14) > 1.5` ATR above 1.5% of price
`calm`	forecast	Will volatility calm down over the next 5 days? Volatility calming over 5 days

Answers

Symbol	`move2`forecast	`big5`forecast	`atr`rule	`calm`forecast	Fired
`SPY`	0.394	0.425	0.0537	0.452	none
`QQQ`	0.36	0.355	0.9104	0.563	none
`IWM`	0.322	0.342	0.0909	0.522	none
`TLT`	0.35	0.371	0.0537	0.596	none
`GLD`	0.389	0.427	0.9152	0.482	none

true false not known for rules; forecasts are odds. Hover a column for its question.

Actions

Rules on the answers decide what to send. Each symbol runs its own request, so each one can fire.

move2 >= 0.45→Slackoptions-desk

SPY 0 of 1 fired · dry run, nothing sent

QQQ 0 of 1 fired · dry run, nothing sent

IWM 0 of 1 fired · dry run, nothing sent

TLT 0 of 1 fired · dry run, nothing sent

GLD 0 of 1 fired · dry run, nothing sent

What it means

Session of 2026-10-30, 5 symbols: ATR above 1.5% of price: true for QQQ, GLD of 5. Highest odds for “A 2%+ move either way in 5 days”: SPY at 39%. weekly fired for none.

High move odds favor long weeklies, low odds favor short premium; the trader picks the strategy per symbol.

As a scheduled workflow (Mon at 09:00 ET)

Create it under Workflows in the console: it runs these questions for every symbol on the schedule and fires the actions per symbol. The answers above are what one run returned.

{
  "name": "Weekly options scan: big-move odds for SPY, QQQ, IWM, TLT, GLD",
  "symbols": "SPY QQQ IWM TLT GLD",
  "days": [
    1
  ],
  "at_time": "09:00",
  "model": "ora-fin-0.1.1",
  "questions": {
    "move2": {
      "type": "yes_no",
      "instructions": "Will the stock move more than 2% in either direction in 5 trading days?"
    },
    "big5": {
      "type": "yes_no",
      "instructions": "Will there be a big move in either direction in the next 5 days?"
    },
    "atr": {
      "type": "yes_no",
      "ask": "atr_pct(14) > 1.5"
    },
    "calm": {
      "type": "yes_no",
      "instructions": "Will volatility calm down over the next 5 days?"
    }
  },
  "actions": [
    {
      "id": "weekly",
      "when": "move2 >= 0.45",
      "do": "slack",
      "connection": "options-desk",
      "message": "{{symbol}} ({{as_of}}): 2% weekly move odds {{move2|pct}}; big move {{big5|pct}}. Lean long gamma."
    }
  ]
}

Request JSON (SPY; the others differ only in the symbol)

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "SPY"
  },
  "questions": {
    "move2": {
      "type": "yes_no",
      "instructions": "Will the stock move more than 2% in either direction in 5 trading days?"
    },
    "big5": {
      "type": "yes_no",
      "instructions": "Will there be a big move in either direction in the next 5 days?"
    },
    "atr": {
      "type": "yes_no",
      "ask": "atr_pct(14) > 1.5"
    },
    "calm": {
      "type": "yes_no",
      "instructions": "Will volatility calm down over the next 5 days?"
    }
  },
  "actions": [
    {
      "id": "weekly",
      "when": "move2 >= 0.45",
      "do": "slack",
      "connection": "options-desk",
      "message": "{{symbol}} ({{as_of}}): 2% weekly move odds {{move2|pct}}; big move {{big5|pct}}. Lean long gamma."
    }
  ],
  "dry_run": true
}

Response JSON (SPY, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "move2": {
      "yes_no": 0.394
    },
    "big5": {
      "yes_no": 0.425
    },
    "atr": {
      "yes_no": 0.0537,
      "rule": "atr_pct(14) > 1.5",
      "basis": "rule"
    },
    "calm": {
      "yes_no": 0.452
    }
  },
  "context": {
    "symbol": "SPY",
    "as_of": "2026-10-30"
  },
  "actions": [
    {
      "id": "weekly",
      "fired": false,
      "status": "skipped"
    }
  ]
}

atr_pct

Try it in the Playground

Options trader · example 9

Early-assignment risk on short calls before ex-dividend: PG

Short calls in the money can be assigned before ex-date; check whether one is close.

ora-fin-0.1.1PG4 questions1 action

StatePG
Questions4 asked
Answersreal, captured
Actions1 rule · dry run

State

{"symbol":"PG"} The server fills in the latest completed session.

Questions

`ex_soon`	rule	`days_to_ex_div <= 30` Goes ex-dividend within 30 days
`pays`	English → rule	Does the stock pay a dividend?
`near_high`	rule	`C >= 0.98 * max(H, 252)` Within 2% of the 52-week high
`ex_recent`	English → rule	Did the stock go ex-dividend in the last 30 days?

Answers

Question	Answer	Reading
`ex_soon` Goes ex-dividend within 30 days	0.0537	false
`pays` Does the stock pay a dividend compiled to `pays_dividend > 0.5`	0.8591	true
`near_high` Within 2% of the 52-week high	0.4029	on the line (false)
`ex_recent` Did the stock go ex-dividend in the last 30 days compiled to `days_since_ex_div <= 30`	0.9463	true

Actions

Rules on the answers decide what to send.

ex_soon >= 0.6→Emailme

What each action would send 0 of 1 fired · dry run, nothing sent

roll_callsrule false: skipped

What it means

For PG on the session of 2026-10-30: True now: Does the stock pay a dividend; Did the stock go ex-dividend in the last 30 days. Not true: Goes ex-dividend within 30 days. On the line: Within 2% of the 52-week high. No action fired: every rule was false.

If an ex-date is within thirty days and the stock is near its high, the trader rolls short calls before the ex-date.

Request JSON

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "PG"
  },
  "questions": {
    "ex_soon": {
      "type": "yes_no",
      "ask": "days_to_ex_div <= 30"
    },
    "pays": {
      "type": "yes_no",
      "instructions": "Does the stock pay a dividend?"
    },
    "near_high": {
      "type": "yes_no",
      "ask": "C >= 0.98 * max(H, 252)"
    },
    "ex_recent": {
      "type": "yes_no",
      "instructions": "Did the stock go ex-dividend in the last 30 days?"
    }
  },
  "actions": [
    {
      "id": "roll_calls",
      "when": "ex_soon >= 0.6",
      "do": "email",
      "connection": "me",
      "subject": "{{symbol}}: ex-dividend soon, check short calls",
      "message": "{{symbol}} ({{as_of}}) has a declared ex-date within 30 days ({{ex_soon|pct}}). Review in-the-money short calls for early assignment."
    }
  ],
  "dry_run": true
}

Response JSON (PG, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "ex_soon": {
      "yes_no": 0.0537,
      "rule": "days_to_ex_div <= 30",
      "basis": "rule"
    },
    "pays": {
      "yes_no": 0.8591,
      "rule": "pays_dividend > 0.5",
      "basis": "pattern"
    },
    "near_high": {
      "yes_no": 0.4029,
      "rule": "C >= 0.98 * max(H, 252)",
      "basis": "rule"
    },
    "ex_recent": {
      "yes_no": 0.9463,
      "rule": "days_since_ex_div <= 30",
      "basis": "pattern"
    }
  },
  "context": {
    "symbol": "PG",
    "as_of": "2026-10-30"
  },
  "actions": [
    {
      "id": "roll_calls",
      "fired": false,
      "status": "skipped"
    }
  ]
}

days_since_ex_div days_to_ex_div max pays_dividend

Try it in the Playground

Options trader · example 10

Crash-hedge check: is SPY near its 200-day with rising volatility

Buy index puts when trend support is close and volatility is turning up, not after the drop.

ora-fin-0.1.1SPY5 questions

StateSPY
Questions5 asked
Answersreal, captured
Actionsnone

State

{"symbol":"SPY"} The server fills in the latest completed session.

Questions

`near200`	rule	`abs(C / sma(C, 200) - 1) < 0.03` Within 3% of the 200-day
`atr_exp`	rule	`atr(14) > 1.2 * ref(atr(14), -10)` ATR up 20% in two weeks
`vol5`	English → rule	Is 5-day volatility higher than 20-day volatility?
`drop10`	forecast	Will it drop at least 10% at some point in the next month? A 10% drawdown within a month
`vol_up`	forecast	Will volatility be higher over the next month? Higher volatility next month

Answers

Question	Answer	Reading
`near200` Within 3% of the 200-day	0.2187	false
`atr_exp` ATR up 20% in two weeks	0.2117	false
`vol5` Is 5-day volatility higher than 20-day volatility compiled to `std(log(C / C[-1]), 5) * sqrt(5 / 4) > std(log(C / C[-1]), 20) * sqrt(20 / 19)`	0.8872	true
`drop10` A 10% drawdown within a month	0.205	21% · unlikely
`vol_up` Higher volatility next month	0.69	69% · likely

What it means

For SPY on the session of 2026-10-30: True now: Is 5-day volatility higher than 20-day volatility. Not true: Within 3% of the 200-day; ATR up 20% in two weeks. Forecasts: A 10% drawdown within a month 21%; Higher volatility next month 69%.

Near the 200-day with expanding ATR, puts are insurance worth buying; far above it, the trader waits.

Request JSON

{
  "model": "ora-fin-0.1.1",
  "state": {
    "symbol": "SPY"
  },
  "questions": {
    "near200": {
      "type": "yes_no",
      "ask": "abs(C / sma(C, 200) - 1) < 0.03"
    },
    "atr_exp": {
      "type": "yes_no",
      "ask": "atr(14) > 1.2 * ref(atr(14), -10)"
    },
    "vol5": {
      "type": "yes_no",
      "instructions": "Is 5-day volatility higher than 20-day volatility?"
    },
    "drop10": {
      "type": "yes_no",
      "instructions": "Will it drop at least 10% at some point in the next month?"
    },
    "vol_up": {
      "type": "yes_no",
      "instructions": "Will volatility be higher over the next month?"
    }
  }
}

Response JSON (SPY, real)

{
  "model": "ora-fin-0.1.1",
  "answers": {
    "near200": {
      "yes_no": 0.2187,
      "rule": "abs(C / sma(C, 200) - 1) < 0.03",
      "basis": "rule"
    },
    "atr_exp": {
      "yes_no": 0.2117,
      "rule": "atr(14) > 1.2 * ref(atr(14), -10)",
      "basis": "rule"
    },
    "vol5": {
      "yes_no": 0.8872,
      "rule": "std(log(C / C[-1]), 5) * sqrt(5 / 4) > std(log(C / C[-1]), 20) * sqrt(20 / 19)",
      "basis": "pattern"
    },
    "drop10": {
      "yes_no": 0.205
    },
    "vol_up": {
      "yes_no": 0.69
    }
  },
  "context": {
    "symbol": "SPY",
    "as_of": "2026-10-30"
  }
}

abs atr log offset ref sma sqrt std

Try it in the Playground

Information, not investment advice. Rules answer from the latest completed daily session; forecasts are probabilities. Actions ran as dry runs: nothing was sent. More in Individuals: Retail investor, Active day trader, Swing trader, Dividend investor, Long-term passive investor, Crypto trader, FX trader, Commodities trader, Social trading community, Students and universities.

Create an account Open the Playground Everything here also lives in the console, next to your keys and usage.

Individuals

Buy side

Sell side

Corporates

Builders

Institutions

Sell premium on SPY? Volatility regime check

State

Questions

Answers

What it means

QQQ iron condor: is the stock range-bound

State

Questions

Answers

Actions

What it means

NVDA earnings straddle: does it move enough

State

Questions

Answers

What it means

Covered calls on AAPL: extended enough to sell upside

State

Questions

Answers

Actions

What it means

Cash-secured put on KO near support

State

Questions

Answers

What it means

Long gamma when volatility is coiled: TSLA

State

Questions

Answers

Actions

What it means

Realized volatility term structure on AMD

State

Questions

Answers

What it means

Weekly options scan: big-move odds for SPY, QQQ, IWM, TLT, GLD

State

Questions

Answers

Actions

What it means

Early-assignment risk on short calls before ex-dividend: PG

State

Questions

Answers

Actions

What it means

Crash-hedge check: is SPY near its 200-day with rising volatility

State

Questions

Answers

What it means