[HN Gopher] Show HN: With a 9-5 job and 2 kids I have finally fi...
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Show HN: With a 9-5 job and 2 kids I have finally finished my first
MVP
Hello HN crowd. I worked on this project on weekends and evenings.
I'm excited I made it into a presentable MVP, and it is so
satisfying. I would like to get some honest feedback from this
great community. I made www.freeoptionscreener.com, to scratch a
personal itch. I myself trade options as a hobby, and I didn't find
a screener that satisfies my need to be able to explore raw options
data freely and without preset constraints. So I made this app that
allows playing with options market data and extract interesting
opportunities. The techs used: - Laravel + Jquery + Mysql -
Tradier API for market data - DigitalOcean for hosting - OVH for
domain name It costs me 5$/month to run the website. I'll be glade
to continue if it proves to be a viable product in the long run and
maybe I will take it to the next level and try monetize it. Note:
the app is not suitable for phone screens yet, although this is a
planned feature.
Author : mrhichem
Score : 96 points
Date : 2021-08-26 20:36 UTC (2 hours ago)
| qeternity wrote:
| Cool project!
|
| Not to hijack your thread but I want to leave some thoughts as a
| former vol trader.
|
| Anyone trading options more than lottery tickets should really
| invest time into learning about BSM/greeks and some more advanced
| options structures and vol strategies.
|
| For instance, if you paper traded a delta neutral book simulating
| a market maker, you'd understand how options pinning works (it's
| not manipulation, it's a side effect).
| xupybd wrote:
| I love your stack choice. Simple boring and obviously very
| functional.
| mrhichem wrote:
| Indeed.
| paulgb wrote:
| Looks good! Small typo, Open Intereset -> Open Interest :)
| mrhichem wrote:
| oh my god.thank you for spotting it. will fix this right away
| bennyp101 wrote:
| I have no idea what any of the site means!
|
| But, I'd love to know you found time, I'm years behind on
| personal projects, 2 young kids as well - genuinely interested in
| how you made it work, I'm just shattered by the end of the day!
|
| Upvote from me because if you can ship a useful tool whilst
| managing a family life then go you! Gratz!
| mzarate06 wrote:
| Nice work!
|
| I was looking for a way to screen for unusual option volume
| (Volume noticeably above Open Interest), but didn't see a way to
| do that directly. I do see the filters for Volume and Open
| Interest, and I can play with those in various combinations to
| see what I want, but I think something like a single filter that
| allowed viewing all contracts where Volume > Open Interest would
| address this in a more direct way.
|
| p.s. I know the level of commitment required to launch an MVP,
| and to grow and support thereafter. I had a job at the time, and
| it was a lot to juggle. I don't think I could have done it if I
| also had a family. I wish you the best of luck moving this
| forward!
| nbrempel wrote:
| Love this! Minor nit: days to expiry for expiring tomorrow shows
| (2) and presumably (1) for options expiring today. I think
| usually this is denoted 1 and 0 (DTE)
| qeternity wrote:
| Former hedge fund trader here: this is correct.
| Jorge1o1 wrote:
| Cool site, and congrats for shipping!
|
| Some minor nitpicks:
|
| 1. I filtered to ITM but got options that were out of the money
| in my results
|
| 2. Rather than needing the 10,30,50,any moneyness picker, why not
| a slider?
|
| 3. In fact, there should probably be a slider for Delta... it's
| really difficult to find options that are near or at the money
| since sorting by delta either starts at 1 or 0
|
| 4. I didnt see a CSV export button anywhere?
|
| Overall nice job though!
|
| [edited for spacing]
| ipaddr wrote:
| 4. Part of the paid strategy
| donnythecroc wrote:
| Great business model right there
| mrhichem wrote:
| very valuable feedback. A slider for delta is my next feature
| to implement. But afraid of too many sliders that might be
| confusing.
|
| You can sort by ITM/OTM column to find near or at the money
| options.
|
| The CSV also is something I should add.
| eps wrote:
| Clickable - https://www.freeoptionscreener.com
| Sasha914 wrote:
| Nice.. I've java program somewhere that draws the profit and loss
| over time and price with color code for profit/loss. (price on y
| , time on x). Can be a nice feature to have. my 2c
| mrhichem wrote:
| Indeed. can be useful. Have this feature down on the features
| backlog.
| bmitch2112 wrote:
| I don't know anything about trading options but wanted to say
| with a 9-5 job and 2 kids, getting any kind of MVP out is a great
| accomplishment. Well done.
| mrhichem wrote:
| thank you for the kind words
| anish_m wrote:
| Second this. It's not only intellectually draining,
| emotionally too. Great job.
| mNovak wrote:
| I like the numbers inside slider thumbs, haven't seen that one
| before! Otherwise not qualified to comment on functionality
| mrhichem wrote:
| thanks.
| thrower123 wrote:
| The title of your post doesn't provide any reason that anyone
| would ever investigate what you did.
|
| I don't care about your trials and tribulations making whatever
| you made, I just want to know what it is.
|
| And I still don't know what it is after reading your post...
| giantg2 wrote:
| "With a 9-5 job and 2 kids I have finally finished my first MVP
| ...
|
| I worked on this project on weekends and evenings."
|
| I can't wait until my kid is old enough that I can really work on
| stuff when watching them on nights and weekends.
| chrisrickard wrote:
| First of all: congrats on shipping, not an easy feat.
|
| Constructive criticism: I had no idea what this site was about
| until I spent a minute looking around.. and now I only _think_ I
| get.
|
| Granted I am (probably) not your target market, however I think
| maybe a landing page or at least a popup tutorial - which I can
| then "Skip" at my peril would be a smart addition.
| nbrempel wrote:
| Counter point: as someone who plays with trading options as a
| hobby I instantly knew what this is!
| donnythecroc wrote:
| Yep same here. I usually agree with the whole "your
| grandmother should get it" but don't think that applies here.
| amyunus wrote:
| I don't have idea what it is. But first, congrats! I immediately
| open this thread after reading the title. Having 9to5 job and
| kids (2!), it is truly hard making time, even you make it to
| finish the MVP. Applause!
|
| - I spot a typo on the About description, should be
| opportunities. - Email us to contact@go2.broker? - I'm not sure
| why expiration date 2021-08-27 has 2d
| willhinsa wrote:
| I read the title as though achieving a 9-5 job and having 2 kids
| _was_ the MVP. I like that interpretation as well :)
| mrhichem wrote:
| cool interpretation :)
| contingencies wrote:
| Congrats.
|
| Interface-wise, what a lot of people do now when facing a large
| number of filtering or sorting options is they collapse them and
| provide a summary with a filter button to pop them back out. This
| may reduce visual clutter. The description field information is
| also 100% redundant. Strike and other price columns should have a
| currency symbol. It is conventional to use either decimal point
| vertical alignment or right-alignment with fixed-width fonts when
| displaying numbers in series. Do not underestimate the value of
| color for comparing figures, eg. high vs. low volume or interest.
|
| Some kind of clickable action to purchase brokerage via third
| party services for which you can obtain referral kickbacks might
| generate revenue.
| mrhichem wrote:
| very valuable feedback. thanks a lot
| Jefro118 wrote:
| This is great - I was trying to calculate option profit for
| something a few months ago and it was a huge pain using the free
| options I found on Google so I think this might have legs. Best
| of luck.
| mrhichem wrote:
| thanks
| trangus_1985 wrote:
| Using color to describe information ranges is an excellent way to
| add a passive dimension of information, and allow people to
| screen out inferior choices.
|
| "Dimming" the entire screen on a choice change is extremely
| visually distracting. A small spinner on the data sheet would be
| an excellent indicator that "this data is about to change".
|
| Excellent tool, I'm going to play around with it tonight.
| mrhichem wrote:
| feedback like this is the reason I love this community.
| definitly considering going by your remark
| cushychicken wrote:
| Congratulations on shipping.
|
| It is no mean feat around a day job and a family.
|
| Nice work getting over the hump!
| mrhichem wrote:
| thanks.
| awa wrote:
| Congrats! Looks really interesting, I do see a few data issue
| e.g. NVDA Sep 17 2021 $405.00 Put NVDA(Stock) put 726.44 405
| 321.44(44%) 2021-09-17(61d) 2 3 0.98 1.29 0.0000 0.0000 0.0000
| 0.0000 2.000
|
| Have you looked into https://optionstrat.com/
| mrhichem wrote:
| thank you for spotting this issue. And for the link, definitely
| useful.
| nlh wrote:
| Before I've even checked it out: Congrats on shipping!!!! I know
| how hard it is to get something done with the constraints of a
| day job & family.
|
| I read SO many comments on here from folks lamenting their lack
| of energy + time to do something like this despite the desire to
| do so. So 10000 congrats on pushing through and getting something
| live.
|
| Now to actually check it out (and I'll come back and update this
| comment with actual feedback ;)
| mrhichem wrote:
| thanks. looking forward for the feedback.
| boplicity wrote:
| How did you balance the responsibilities of being a parent,
| especially in terms of the endless chores, and the time
| commitment to make this happen?
| mrhichem wrote:
| I always put work on my project second behind being parent and
| husband. I sometimes wakeup early before staring my job.
| sometimes late nigh before going to bed after my kids sleep.
| Working from home covid policies also helped reducing commute
| time. I made small but contineous progress each day.
| drm509 wrote:
| Can I contribute to your repo? I know only Scala but I have need
| of more features like OI, volumes, etc and backtests to find UOA.
| you can reach me at eamocanu on GitHub or gmail
| mrhichem wrote:
| What are OI and UOA?
| waydegg wrote:
| Open Interest and Unusual Options Activity
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(page generated 2021-08-26 23:01 UTC)