Probability of profit
probability_of_profitRead-onlyIdempotent
The model probability that a stock finishes above or below a price level (a breakeven or a short strike) by a date, from implied volatility, under the lognormal the options market implies.
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
| days | Yes | Days to expiration. | |
| level | Yes | The price level to test, in dollars: a breakeven or a short strike. | |
| price | Yes | Stock price in dollars. | |
| iv_pct | Yes | Implied volatility, percent per year (30 means 30 percent). |