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Spot-Vol Correlation

get_spot_vol_correlation
Read-only

20-day and 60-day Pearson correlation between spot log-returns and ATM IV first-differences. Equity indices typically run strongly negative (vol spikes on spot down). Use to assess leverage effect strength, calibrate vanna/vol-of-vol hedges, or classify correlation regime.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
apiKeyNoFlashAlpha API key. Omit when calling via /mcp-oauth (OAuth flow); required on /mcp.
symbolYesStock/ETF/index ticker (e.g. SPY, QQQ, NVDA)

TDQS

A4.2/5.0
Behavior4/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

Beyond the readOnlyHint annotation, the description discloses the specific calculation windows (20-day, 60-day), the exact inputs (spot log-returns, ATM IV first-differences), and the typical negative correlation behavior for equity indices. This adds meaningful methodological context.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness5/5

Is the description appropriately sized, front-loaded, and free of redundancy?

The description is two sentences, dense with useful information and no filler. Each sentence contributes distinct value: defining the metric and stating its practical applications.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness4/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

Given no output schema, the description explains the metric, computation, and typical behavior, which is sufficient for a read-only correlation retrieval tool. It does not describe return format, but the core functionality and use are well covered.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters3/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema coverage is 100%, so both apiKey and symbol are already documented. The description does not add additional parameter-level semantics beyond what the schema provides, so the baseline score of 3 applies.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose5/5

Does the description clearly state what the tool does and how it differs from similar tools?

The description precisely defines the computation: 20-day and 60-day Pearson correlation between spot log-returns and ATM IV first-differences. It clearly identifies the metric and resource, distinguishing this from other volatility tools in the sibling list.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines4/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

Provides explicit use cases: assessing leverage effect strength, calibrating vanna/vol-of-vol hedges, and classifying correlation regime. While no alternatives are named, the intended contexts are clear and actionable.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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TDQS

A3.6/5.0
Disambiguation2/5

Many tools have overlapping scopes: get_stock_summary, get_volatility, get_vrp, and get_exposure_summary all return comprehensive analytics with shared metrics, making it hard to pick the right one. The flow family (get_flow_live, get_flow_summary, get_flow_scan, get_flow_signals, etc.) has significant redundancy — get_flow_live bundles data also available via separate tools.

Naming Consistency4/5

Tool names mostly follow a consistent get_<noun> pattern, with clear subgroups like get_historical_* and get_*_exposure. Minor deviations exist: post_screener, post_structure_pnl, calculate_greeks, and solve_iv break the get_ convention, but they are still predictable and readable.

Tool Count1/5

With 73 tools, this is far beyond the 3–15 tool sweet spot and even the 50+ extreme mismatch threshold. While the domain is broad, the enormous surface is bloated by near-duplicate historical replay variants (18 get_historical_* tools) and multiple overlapping summary endpoints, making it unwieldy for an agent.

Completeness5/5

The tool set provides thorough coverage of options analytics: quotes, chains, greeks, volatility surface, VRP, exposure, flow, historical replay, screening, and strategy analysis. There are no obvious dead ends — core workflows like calculating greeks, getting exposure, and screening the universe are all supported.

Resources