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options_spread-scan

Read-onlyIdempotent

Evaluate and rank vertical spread candidates by risk/reward. Replace multiple individual options calls; supply spot, volatility, DTE, and strategy for ranked output with risk/reward ratios, breakevens, and Greeks.

Instructions

Scan and rank vertical spreads by risk/reward. Replaces 8-16 individual options/price calls.

Use when you need to evaluate and rank multiple vertical spread candidates at once. Instead of calling options/price 8-16 times, this scans all strike combinations in one call. Provide spot price, volatility, DTE, and strategy type (bull_call_spread, bear_put_spread, etc.). Returns: ranked candidates with risk/reward ratios, breakevens, and full Greeks for each leg. PAID ONLY — no free tier.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
qNoDividend yield
rNoRisk-free rate
volYesImplied volatility (annualized)
spotYesCurrent spot price
strategyNobull_call_spread
dte_yearsYesDays to expiration in years
num_candidatesNoNumber of spread candidates to evaluate
strike_range_pctNoStrike range as fraction of spot
Behavior5/5

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

Annotations provide readOnlyHint, idempotentHint, destructiveHint. Description adds that it returns ranked candidates with risk/reward ratios, breakevens, and full Greeks, and notes it's paid only. No contradictions.

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?

Three sentences, front-loaded with main purpose, then usage guidelines, then return details and cost note. No wasted words.

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

Completeness5/5

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

Despite no output schema, description explains return content (ranked candidates with risk/reward, breakevens, Greeks). Covers required parameters and usage context. Sufficient for agent.

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 description coverage is 88%. Description mentions spot, vol, DTE, and strategy, which matches schema. It does not add significant new semantics beyond what's in the schema.

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 clearly states it scans and ranks vertical spreads by risk/reward, and it replaces multiple individual options/price calls. This distinguishes it from siblings like options_price, options_strategy, etc.

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

Usage Guidelines5/5

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

Explicitly says when to use (evaluating multiple vertical spread candidates) and notes it replaces 8-16 calls. Also mentions paid tier constraint.

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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