This platform release includes a new community-driven Event Calendar integrating important market events that can impact options trades. The new calendar displays the key upcoming events you’ve asked to see when analyzing potential opportunities, so it’s easy to identify future events and eliminate the guesswork before entering a trade.
Trade Ideas and automations already include filters and actions to target or avoid earnings and FOMC meetings or CPI dates. In the Event Calendar, you can filter one or more ticker-specific or general market events such as earnings, Fed Days, CPI, and now, ex-dividend dates.Â
Select a symbol to see expended details and more information about the market event, including key dates, expected dividend or earnings amount, and a brief overview of the event and its potential impact on the underlying symbol’s price. All this information is directly inside the calendar, so you have everything you need in one place.
As traders in the Option Alpha community, we can all comment on the event, share news, and discuss our predictions about how we think the market will react to the event.
We also integrated dividend dates into Trade Ideas, automatically filtering out positions that expire after an ex-dividend date and after an earnings announcement. You also have the ability to avoid ex-dividend dates (along with earnings and FOMC meetings) in the Position Criteria when automating your trade ideas. The bot will reference the event calendar before opening a position.
For example, you can choose to only open positions that expire before the next ex-dividend date and earnings report.
We will continue to expand the calendar in the future and are excited to see how the community will come together to crowdsource ideas and share strategies to help each other target or avoid these market events.
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