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GET
/allaccess/scans-and-alerts/trade-optimizer?symbol={symbol}&target_date={target_date}&target_stock_price={target_stock_price}&account_type={account_type}&min_profit={min_profit}&max_loss={max_loss}&min_spread_width={min_spread_width}&max_spread_width={max_spread_width}&min_gap_width={min_gap_width}&max_gap_width={max_gap_width}
No more staring at option chains, no more confusing jargon. Input a target price and date and Trade Optimizer will evaluate eleven strategies sorted by estimated ROI, including Covered Call, Long & Short Call, Long & Short Put, Long & Short Call Spread, Long & Short Put Spread, and Long & Short Stock. License to SIP Provider(s) required for Covered Call, Long & Short Call, Long & Short Put, and Long & Short Stock strategies.

Example URI

Live (15 points)

https://api.livevol.com/v1/live/allaccess/scans-and-alerts/trade-optimizer?symbol=A&target_date=2022-01-21&target_stock_price=100.71&account_type=cash_account&min_profit=100&max_loss=1000&min_spread_width=0.5&max_spread_width=10&min_gap_width=0.5&max_gap_width=10

Delayed (15 points)

https://api.livevol.com/v1/delayed/allaccess/scans-and-alerts/trade-optimizer?symbol=A&target_date=2022-01-21&target_stock_price=100.71&account_type=cash_account&min_profit=100&max_loss=1000&min_spread_width=0.5&max_spread_width=10&min_gap_width=0.5&max_gap_width=10

Request Information

URI Parameters

Name Description Type Additional information
symbol

Symbol

 string

Required
target_date

Target Date

 string

Required

DateTime in yyyy-MM-dd format. (i.e. 2023-09-23)
target_stock_price

Target Stock Price

 decimal number

Required

Range: inclusive between 0 and 1.79769313486232E+308
account_type

Account Type

 string

Allowed values are [ cash_account, regt ]
min_profit

Min Profit

 decimal number

Range: inclusive between 0 and 1.79769313486232E+308
max_loss

Maximum loss of trade

 decimal number

Range: inclusive between 0 and 1.79769313486232E+308
min_spread_width

Min Spread Width

 decimal number

Range: inclusive between 0 and 1.79769313486232E+308
max_spread_width

Max Spread Width

 decimal number

Range: inclusive between 0 and 1.79769313486232E+308
min_gap_width

Min Gap Width

 decimal number

Range: inclusive between 0 and 1.79769313486232E+308
max_gap_width

Min Gap Width

 decimal number

Range: inclusive between 0 and 1.79769313486232E+308

Response Information

Resource Description

Collection of TradeOptimizerResult

Name Description Type Additional information
timestamp

Timestamp

 string

None
symbol

Stock symbol

 string

None
target_date

Date used to evaluate strategy payoff. Must be valid option expiry.

 string

None
target_stock_price

Target stock price

 decimal number

None
strategy

Strategy evaluated

 string

Covered Call, Long Spread (C/P), Short Spread (C/P), Naked Long (C/P), Naked Short (C/P), Long Butterfly (C/P), Short Butterfly (C/P), Long Condor (C/P), Short Condor (C/P), Long Iron Condor, Short Iron Condor, Long Iron Butterfly, Short Iron Butterfly, Long Stock, Short Stock
root

Underlying root

 string

None
expiry

Expiration date

 string

Value is not applicable for Long/Short Stock strategy
strike1

Strike of first leg

 decimal number

None
strike2

Strike of second leg

 decimal number

None
strike3

Strike of third leg

 decimal number

None
strike4

Strike of fourth leg

 decimal number

None
type1

C (Call), P (Put), or S (Stock) of the first leg

 string

None
type2

C (Call), P (Put), or S (Stock) of the second leg

 string

None
type3

C (Call), P (Put), or S (Stock) of the third leg

 string

None
type4

C (Call), P (Put), or S (Stock) of the fourth leg

 string

None
current_price

Current price of option strategy or stock

 decimal number

None
future_price

Future price of option strategy or stock

 decimal number

None
profit

Profit represented as (Future Price - Current Price) * 100

 decimal number

None
regt_margin

Reg T Margin amount

 decimal number

None
return

Returns at target, expressed as a decimal. Represented as profit / regt_margin

 decimal number

None
prob_itm

Probability of option strategy falling ITM

 decimal number

For stocks, this value is 0.
annualized_return

Annualized Return, expressed as a decimal

 decimal number

None
prob_of_profit

Probability that strategy is profitable on target date

 decimal number

None
prob_of_tgt_price

Probability that target price is met or exceeded on target date

 decimal number

None
price1

Price of strike1

 decimal number

None
price2

Price of strike2

 decimal number

None
price3

Price of strike3

 decimal number

None
price4

Price of strike4

 decimal number

None
order1

B (buy) or S (sell) of the first leg

 string

None
order2

B (buy) or S (sell) of the second leg

 string

None
order3

B (buy) or S (sell) of the third leg

 string

None
order4

B (buy) or S (sell) of the fourth leg

 string

None
underlying_price

Price of underlying

 decimal number

None
account_type

Account Type

 string

None
max_loss

Maximum loss of trade

 decimal number

None
spread_width

Difference between strike1 and strike2

 decimal number

None
gap_width

Difference between strike2 and strike3

 decimal number

Applicable to Condor and Butterfly strategies
cash_acct_cmmt

Cash account commitment

 decimal number

Applicable to Long (C/P), Short Put, Covered Call and Long Stock

Response Formats

application/json, text/json

Sample: 
[
  {
    "timestamp": "5/6/2018 9:30:00 AM",
    "symbol": "AAPL",
    "target_date": "5/6/2018 12:00:00 AM",
    "target_stock_price": 200.0,
    "strategy": "Covered Call",
    "root": "AAPL",
    "expiry": "6/15/2018 12:00:00 AM",
    "strike1": 250.0,
    "strike2": 0.0,
    "strike3": 0.0,
    "strike4": 0.0,
    "type1": "C",
    "type2": "",
    "type3": "",
    "type4": "",
    "current_price": 174.07,
    "future_price": 199.9651,
    "profit": 25.8951,
    "regt_margin": 174.07,
    "return": 0.1488,
    "prob_itm": 0.0013,
    "annualized_return": 0.0,
    "prob_of_profit": 0.0,
    "prob_of_tgt_price": 0.0,
    "price1": 0.0,
    "price2": 0.0,
    "price3": 0.0,
    "price4": 0.0,
    "order1": "S",
    "order2": "",
    "order3": "",
    "order4": "",
    "underlying_price": 200.0,
    "account_type": "cash_account",
    "max_loss": 100.0,
    "spread_width": 0.0,
    "gap_width": 0.0,
    "cash_acct_cmmt": 17407.0
  },
  {
    "timestamp": "5/6/2018 9:30:00 AM",
    "symbol": "AAPL",
    "target_date": "5/6/2018 12:00:00 AM",
    "target_stock_price": 200.0,
    "strategy": "Naked Long",
    "root": "AAPL",
    "expiry": "6/15/2018 12:00:00 AM",
    "strike1": 210.0,
    "strike2": 0.0,
    "strike3": 0.0,
    "strike4": 0.0,
    "type1": "P",
    "type2": "",
    "type3": "",
    "type4": "",
    "current_price": 0.25,
    "future_price": 3.3935,
    "profit": 3.1435,
    "regt_margin": 0.25,
    "return": 12.5741,
    "prob_itm": 0.0563,
    "annualized_return": 0.0,
    "prob_of_profit": 0.0,
    "prob_of_tgt_price": 0.0,
    "price1": 0.0,
    "price2": 0.0,
    "price3": 0.0,
    "price4": 0.0,
    "order1": "B",
    "order2": "",
    "order3": "",
    "order4": "",
    "underlying_price": 200.0,
    "account_type": "cash_account",
    "max_loss": 100.0,
    "spread_width": 0.0,
    "gap_width": 0.0,
    "cash_acct_cmmt": 25.0
  }
]

application/xml, text/xml

Sample: 
<trade_optimizer_results xmlns:i="http://www.w3.org/2001/XMLSchema-instance">
  <trade_optimizer_result>
    <account_type>cash_account</account_type>
    <annualized_return>0</annualized_return>
    <cash_acct_cmmt>17407</cash_acct_cmmt>
    <current_price>174.07</current_price>
    <expiry>6/15/2018 12:00:00 AM</expiry>
    <future_price>199.9651</future_price>
    <gap_width>0</gap_width>
    <max_loss>100</max_loss>
    <order1>S</order1>
    <order2></order2>
    <order3></order3>
    <order4></order4>
    <price1>0</price1>
    <price2>0</price2>
    <price3>0</price3>
    <price4>0</price4>
    <prob_itm>0.0013</prob_itm>
    <prob_of_profit>0</prob_of_profit>
    <prob_of_tgt_price>0</prob_of_tgt_price>
    <profit>25.8951</profit>
    <regt_margin>174.07</regt_margin>
    <return>0.1488</return>
    <root>AAPL</root>
    <spread_width>0</spread_width>
    <strategy>Covered Call</strategy>
    <strike1>250</strike1>
    <strike2>0</strike2>
    <strike3>0</strike3>
    <strike4>0</strike4>
    <symbol>AAPL</symbol>
    <target_date>5/6/2018 12:00:00 AM</target_date>
    <target_stock_price>200</target_stock_price>
    <timestamp>5/6/2018 9:30:00 AM</timestamp>
    <type1>C</type1>
    <type2></type2>
    <type3></type3>
    <type4></type4>
    <underlying_price>200</underlying_price>
  </trade_optimizer_result>
  <trade_optimizer_result>
    <account_type>cash_account</account_type>
    <annualized_return>0</annualized_return>
    <cash_acct_cmmt>25</cash_acct_cmmt>
    <current_price>0.25</current_price>
    <expiry>6/15/2018 12:00:00 AM</expiry>
    <future_price>3.3935</future_price>
    <gap_width>0</gap_width>
    <max_loss>100</max_loss>
    <order1>B</order1>
    <order2></order2>
    <order3></order3>
    <order4></order4>
    <price1>0</price1>
    <price2>0</price2>
    <price3>0</price3>
    <price4>0</price4>
    <prob_itm>0.0563</prob_itm>
    <prob_of_profit>0</prob_of_profit>
    <prob_of_tgt_price>0</prob_of_tgt_price>
    <profit>3.1435</profit>
    <regt_margin>0.25</regt_margin>
    <return>12.5741</return>
    <root>AAPL</root>
    <spread_width>0</spread_width>
    <strategy>Naked Long</strategy>
    <strike1>210</strike1>
    <strike2>0</strike2>
    <strike3>0</strike3>
    <strike4>0</strike4>
    <symbol>AAPL</symbol>
    <target_date>5/6/2018 12:00:00 AM</target_date>
    <target_stock_price>200</target_stock_price>
    <timestamp>5/6/2018 9:30:00 AM</timestamp>
    <type1>P</type1>
    <type2></type2>
    <type3></type3>
    <type4></type4>
    <underlying_price>200</underlying_price>
  </trade_optimizer_result>
</trade_optimizer_results>