OptionPayoffs
Visualizes the profit and loss graph of various option strategies - Python
Installation
Download option_payoffs.py and add to your library. Will be added to pip once completed.
Usage
import option_payoffs as op
import numpy as np
underlying_price = 50
strike_price_long_call = 50
premium_long_call = 2
stock_price_range = np.arange(0.50*underlying_price, 1.50*underlying_price)
long_call_option_payoff = op.call_option(underlying_price, strike_price_long_call,
premium_long_call, stock_price_range, False, True) # False = Long, True = Plot
Example Graph - Long Strangle
Additional Info / Help
This code is written to be adapted as much as possible. You can most definitely implement other strategies (or your own) using the current code.
Plotting is off for the spreads, strangles/straddles, and the iron condor by default to not overcomplicate things. If you want to see the individual plots of each component of a spread, you can set plot=True for all of the call or put options in option_payoffs.py.
Example: For the call_credit_or_debit_spread, you can set the last parameter (plot) of the short and long call and it will graph each independently.
Contributing
Please feel free to pull and make any changes you want. This project is in progress, there may be quite a bit of bugs. Also, feel free to email me or tell me if I am doing something idiotic or if you have any suggestions.