get_options_by_delta
Find options at a target delta by ticker, option type, and expiration. Use to locate strikes for strategies like covered calls (0.30 delta) or credit spreads (0.16 delta).
Instructions
Find options at a specific delta.
Useful for finding options at standard delta levels (e.g., 0.30 delta calls for covered calls, 0.16 delta puts for credit spreads).
Use this tool when the user asks about:
Options at a specific delta
30 delta calls or 20 delta puts
Finding strikes by delta
Args: ticker: Stock symbol target_delta: Target delta (0.0 to 1.0, default 0.30) option_type: "call" or "put" expiration: Specific expiration or None for nearest
Returns: Strike and option details at the target delta
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| ticker | Yes | ||
| expiration | No | ||
| option_type | No | call | |
| target_delta | No |