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Add IV% to alerts

Please consider adding IV% (Implied Volatility percentile/percentage) to the alerts system. This would be a great way to track when options on a specific stock are becoming relatively cheap. For instance, Microsoft (MSFT) is currently hovering around its 200-week moving average, making it a great candidate for a LEAP option. However, with its IV% currently at 98.94%, the premiums are way too expensive. It would be incredibly useful to be able to set up an alert that notifies me when the IV% drops below a specific threshold—for example, when it falls below 50.

LVP about 2 months ago

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Feature Request

Feature request: Stock notes and alert dates

Hi Tradevision, I really love using your platform, but I am missing a feature that would make it even better. It would be incredibly useful to be able to add personal notes to stocks on my watchlist. For example, I would like to write down why I added a specific stock (like Hertz or Joby Aviation) and what upcoming events I need to keep an eye on (such as Joby's major FAA evaluation this fall). Additionally, it would be amazing if we could set a specific alert date for these notes, acting as a reminder for when we need to pay extra attention to that stock. Right now, I keep my notes in Excel. I hope you will consider adding this in a future update! Best regards, Martin Skjelmose

Martin about 2 months ago

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Feature Request

I would love to see DMI added as an indicator selectable in the charting tool.

Directional Movement Index (DMI). It is a fantastic tool, especially when you are trading longer-dated options and want to avoid getting chopped up in a sideways, trendless market. Developed by J. Welles Wilder (who also created the RSI), the DMI doesn't just tell you which way a stock is moving; it tells you how strong that movement is. Here is a breakdown of how the DMI works, how to read it, and why it is highly valuable for your specific trading style. The Three Lines of the DMI When you pull up the DMI, it typically plots three separate lines on the same lower chart panel: The +DI (Positive Directional Indicator): This line measures the presence and strength of upward price movement. The -DI (Negative Directional Indicator): This line measures the presence and strength of downward price movement. The ADX (Average Directional Index): This is the most important part of the DMI for many traders. The ADX does not measure direction; it only measures the strength of the trend. It oscillates between 0 and 100. How to Read and Trade the DMI 1. Finding the Direction (The Crossover) The simplest way traders use the DMI is by watching the relationship between the +DI and the -DI. Bullish Signal: When the +DI crosses above the -DI, it indicates that buyers are taking control and upward momentum is building. Bearish Signal: When the -DI crosses above the +DI, it indicates that sellers are taking control and downward momentum is building. 2. Confirming Trend Strength (The ADX) This is where the DMI truly shines, particularly for options traders. Relying solely on crossovers can lead to "whipsaws" (false signals) if the market is just trading flat. The ADX line acts as your filter. ADX Below 25: The market is choppy, consolidating, or trendless. ADX Above 25: A strong trend is in place (either up or down, depending on which DI line is on top). ADX Above 40 or 50: The trend is exceptionally strong, but might be getting overextended. Why DMI is Excellent for Longer-Term Options Favoring longer option periods to allows trades play out, the DMI can save you from one of the biggest enemies of an options buyer: Theta (Time Decay) in a flat market. Avoiding the Chop: If you are looking to buy a 90-day call option, you want the stock to move. If you check the DMI and the ADX is at 15, the stock is trapped in a range. Even if you pick the right direction eventually, the time decay will eat away at your option premium while you wait. The ADX tells you to sit on your hands until a real trend begins. Riding the Trend: If you buy a longer-term option and the stock starts moving your way, you can watch the ADX line. As long as the ADX is rising and staying above 25, it confirms the trend is still strong, giving you the confidence to stay in the trade rather than cutting your profits short.

Terry 2 months ago

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Feature Request

Sector Comparison Visual

The heat map is great, but it's a lot to take in at once. I'd love to see something like a bar graph that organizes the relative strength of the sectors compared to one another, to help pinpoint a sector to deep dive into. Then, you could click into the one that looks appealing to see the companies within it and compare them against one another, similar to the heatmap. Identifying the sector is what I need help with first, before I can drill down to individual stocks. Thanks!

Kay 2 months ago

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Feature Request