Posts

Got an Idea? Add a Note

Have you ever been using QuikStrike and wanted to make a quick note or remind yourself to revisit a page at a later date? In our latest build, we have created a new function called “Add a Note” that can be found on the right hand side of the toolbar.

Add A Note

Clicking the Add a Note icon will open up a box on the page in which you can title and write a note for yourself.

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Once you have completed your note, click “Submit” and it will be saved to your “Notes” repository. This can be viewed by selecting My Notes from the dropdown menu in the sidebar or by clicking on the Envelope icon (second icon from the right) on the product menu line. Each saved note will be sorted by date. Clicking the “X” will allow you to delete the note and the “pencil icon” will enable you to edit the note without leaving your current page in QuikStrike.

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The My Notes section is a great opportunity for our users to keep annotations inside the tool and provide quick tips that can aid the QuikStrike experience. How do you foresee yourself using notes? Maybe you have some ideas that we have yet to consider. Drop us a line at info@quikstrike.net. We love getting your feedback!

Yes, We Have Historical Data

“Does QuikStrike have historical data?” is one of the most frequently asked questions by our user base and prospective customers. “Yes” is the short answer. And reading further in this blog post will provide you with all the information you need to know about our History Tab.

HIstory Tab

The History Tab can be found in the top left corner of the page for all QuikStrike Professional Edition users. Upon clicking the tab, our users will find historical:

  • information for current (open) expirations from inception
  • settlement price and volatility for individual strikes, as well as ATM strikes
  • risk reversal and butterfly skew
  • open interest reports and summaries
  • strike-level data that can be exported in CSV format

ATM Vol Chart

HistATMVolChart - Blog postMany of our users make trading decisions based on historical ATM volatility. In the chart above, our users have the ability to go back as far as 12 months to see the ATM volatility history with the corresponding futures price. This is a great way to gain an understanding for how the ATM volatility has changed over the course of a year for a certain expiration.

Option Settles

HIstory option settlesSeeing settlement prices for both calls and puts for a particular expiration is easy in our historicals sections. In the Option Settles page under Settlement Reports, our users have the ability to view market settlement history, by strike, for as far back as 3 months from the current date.

The above images are two examples of how our users can take advantage of our history tab. If you aren’t a QuikStrike Professional Edition subscriber, shoot us an email at info@quikstrike.net, and we’ll set you up with a free trial so you can explore our history section.

As always, please share your experience with us in the History Tab. We want to know about our strengths and how we can improve.

We hope you are enjoying the holiday season!

Menu Shortcuts Make Favorites Easier to Access

We all have our favorite pages in QuikStrike, and we want our users to be able to navigate between them quickly and efficiently. The recent creation of Menu Shortcuts provides our users with a simple interface to organize their “favorites”.

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We have moved the Star to the left hand side of the main menu. By clicking on the Star, users can create their own custom shortcut link to the current page. Once created, you can name the shortcut whatever you’d like or use the default provided by QuikStrike. To access your shortcut menu, click the Dropdown icon next to Star to reveal your new, custom menu.

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Clicking the pencil on the top right of the menu will allow users to edit the items within the drop down (be sure to click on the item to start editing). Users can create their own custom sections, drag existing shortcuts back and forth between sections and rename or delete shortcuts or section names as necessary.

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If you haven’t taken advantage of favorites in the past, please give the new Menu Shortcuts functionality a try. It’s easy to use!

Let us know how you feel about the recent change. You can always send feedback, about this feature or any other, by sending us an email at info@quikstrike.net.

Broker Edition: 5 Reasons Why You Need QuikStrike Professional

If you’re a broker and you haven’t had the opportunity to take an extended look at QuikStrike, this blog post is a must-read. We know that you’re not going to invest in our option pricing and analysis tools if you don’t know how it provides value for you. Below is a breakdown explaining how QuikStrike Professional helps you better service your clients:

  1. The ability to quickly determine the fair value of option prices and identify correct Greeks

We know that many of you get your pricing information from market makers and other sources of information throughout the day. With QuikStrike, you have quick access to a baseline of pricing, allowing you to more easily compare perceived market prices with what those prices actually should be.

  1. Allow customers to track their trades

Grant customers access to your QuikStrike account where they can save a trade, put in a price where they traded it, look each day to see whether that price has changed and view PnL values. From there, they can add the trade to a Watch List to see how that particular execution is performing.

  1. QuikStrike has a performance-ready interface

Time is at a premium during the trading day. That’s why we created QuikStrike to help you gain access to information quickly and efficiently. Within our web tool, you can easily jump between pages of information and find what you need with just a few clicks.

  1. Get the data that you want

Volatilities are updated every 30 to 45 minutes and prices are slightly delayed, but that doesn’t mean you can’t access the data that you need to help your customers. Our pricing sheets allow you to manipulate data in many different ways within the analysis toolbar:

  • Change the direction from Vol to Price or Price to Vol
  • Adjust the future price
  • Reduce or increase the volatility
  • Toggle Current or Settles price
  • Change the Days to Expiration
  • Select your pricing model of choice
  • Pick a certain number of strikes to view

Clicking on the Simple Option Calculator in the Pricing Sheets enables you to perform analysis straight from the page without clicking out of the page.

  1. We have historical volatility and historical settlement prices for all active expirations

Historical volatility and historical settlement prices are often hard to come by without breaking the bank. This is why we give you access to strike specific and strike-level data right within the application. If your customers base their strategies on different patterns in the past, you can easily access this information for them within QuikStrike.

Interested in QuikStrike Professional? We offer anyone who hasn’t tried our product a free 2-week trial and we are also more than happy to set up a demo to take you through the application. Email us at support@quikstrike.net.

Use Delta Range to Limit Your Pricing Sheet Strike Listing

One of the new features we have recently added to QuikStrike is the ability to limit your pricing sheet strike listing by Delta range. We incorporated this mode into QuikStrike to give you a targeted or relevant view into a particular expiration.  You can set this globally via your personal QuikStrike preferences or on an individual expiration basis.

Simple additions like this are easy to implement for us. With that in mind, we want to hear your feedback on our product and how we can improve upon it. Email us at support@quikstrike.net. Keep an eye out for more blog posts about how we are making QuikStrike better for our users.