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drmartell

thetadata-mcp

by drmartell

option_history_trade_greeks_implied_volatility

Fetch historical option trade records with implied volatility and Greeks, covering up to one month for a required expiration.

Instructions

[PROFESSIONAL] IV calculated at each trade. Max 1 month, requires expiration.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
dateNoThe date to fetch data for. If present, this overrides start_date and end_date.
rightNoThe right (call or put) of the contract.both
strikeNoThe strike price of the contract in dollars (ie `100.00` for `$100.00`), or `*` for all strikes.*
symbolYesThe stock or index symbol, or underlying symbol for options.
max_dteNoIf specified, only contracts with a full calendar day 'Days to Expiration' (DTE) less than or equal to this number will be returned.
versionNoUsed to adjust Greeks calculation methodology. "1" uses a fixed .15 DTE for 0DTE; "latest" uses real TTE (down to a minimum of 1 hour)latest
end_dateNoThe end date (inclusive).
end_timeNoThe end time (inclusive) in the specified day.16:00:00
rate_typeNoThe interest rate type to be used in a Greeks calculation.sofr
expirationYesThe expiration of the contract in `YYYY-MM-DD` or `YYYYMMDD` format, or `*` for all expirations.
rate_valueNoThe interest rate, as a percent, to be used in a Greeks calculation.
start_dateNoThe start date (inclusive).
start_timeNoThe start time (inclusive) in the specified day.09:30:00
strike_rangeNoUsed to specify a filter to limit the number of contracts returned relative to the underlying's spot price. Will return the specified number of strikes above and below the spot price, as well as the at-the-money strike.
annual_dividendNoThe annualized expected dividend amount to be used in Greeks calculations.
Behavior2/5

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

No annotations are present, so the description must carry transparency. It discloses a 1-month limit and expiration requirement, but does not explain the nature of trade data, output format, or how parameters like version, rate_type, or date range affect behavior. The claim 'IV calculated at each trade' is minimal and vague.

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

Conciseness2/5

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

The description is short but poorly structured; the '[PROFESSIONAL]' prefix is fluff, and the main sentence lacks an imperative verb. It is under-specified rather than concise, sacrificing clarity for brevity.

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

Completeness1/5

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

This is a 15-parameter tool with no output schema and no annotations, so the description carries a heavy burden. The two short phrases are severely inadequate: they do not explain what data is returned, how trades are scoped, or how to set up a valid request. Critical context for correct invocation is entirely missing.

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 100%, so baseline is 3. The description adds no parameter-level detail beyond the schema; 'requires expiration' simply repeats a required field. Since all parameters are already documented, the description provides no additional semantic value.

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

Purpose2/5

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

The description 'IV calculated at each trade' is a noun phrase rather than a clear verb+resource statement. It doesn't explicitly say 'fetch' or 'list', and it fails to distinguish this from sibling option_history_* tools. The name suggests the resource, but the description does not provide a clear purpose.

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

Usage Guidelines2/5

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

The description only mentions constraints ('Max 1 month, requires expiration') but gives no guidance on when to use this tool versus alternatives like option_history_greeks_implied_volatility or option_snapshot_greeks. There are no explicit when/when-not statements or references to sibling tools.

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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