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HPSILab Quant Finance

Implied Volatility Radar

get_iv_radar
Read-onlyIdempotent

Implied-volatility (IV) structure for a stock: how expensive options are, whether volatility is being squeezed, and whether traders are paying up for upside (calls) or downside (puts). Available to all signed-in users.

Args:
    ticker: Stock symbol, e.g. "NVDA".
    refresh: Bypass the backend's fresh IV cache and request the latest
        option-chain pull. Defaults to False.

Input Schema

NameRequiredDescriptionDefault
tickerYes
refreshNo

Schema Changelog

Changes observed during successful MCP inspections.

  1. First observed

TDQS

A3.8/5.0
Behavior4/5

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

Annotations already declare readOnly, idempotent, openWorld, and non-destructive, so the safety profile is covered. The description adds genuinely new behavioral context: an access requirement ('available to all signed-in users') and the existence of a backend IV cache that refresh bypasses. It does not describe the shape or size of the returned IV structure, which is a minor remaining gap.

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

Conciseness4/5

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

The purpose statement is front-loaded in the first sentence, followed by an access note and a compact Args block. Every line earns its place; the parenthetical glosses on calls/puts are slight redundancy but aid interpretation of 'upside' versus 'downside' skew.

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?

For a two-parameter read-only analytics tool with no output schema, the description covers what the tool tells you conceptually, who can call it, and what the cache flag does. The main missing element is any indication of the response structure (e.g., whether it returns a term-structure table, rank/percentile, skew deltas), which would help an agent decide whether one call suffices.

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

Parameters4/5

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

Schema description coverage is 0%, so the description carries the full burden and largely meets it: ticker is given a concrete example format, and refresh is explained both as intent (bypass the cache, pull the latest option chain) and default (False). Adding cost or latency implications of forcing a fresh chain pull would push this higher.

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

Purpose4/5

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

The description names a specific resource and analytic dimension: implied-volatility structure for a stock, covering expensiveness, volatility squeeze, and call/put skew. That is far more than a restatement of the name. It stops short of distinguishing itself from the closest sibling, get_option_pressure, so an agent must infer the boundary.

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

Usage Guidelines3/5

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

Usage is implied by the questions the tool answers ('how expensive options are', 'paying up for upside'), which suggests when to reach for it. But there is no explicit when-to-use or when-not-to-use guidance, and no routing away from get_option_pressure or analyze_stock, which likely overlap. The only explicit conditional content is the refresh/ cache note.

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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