Options Compass

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Options Compass

Sell puts when bullish, buy puts when bearish β€” gated on trend, events, volatility & liquidity across NSE F&O
πŸ“˜ How to use this app (in plain English)
β–Ύ

What this app does: you tell it a stock, and it tells you whether now is a good time to sell (or buy) a PUT option on it β€” and exactly which one.

Step 1 β€” Pick your view.
At the top, choose:
πŸ“ˆ Bullish β€” you think the stock is going UP β†’ the app finds a PUT to sell (you collect money now)
πŸ“‰ Bearish β€” you think the stock is going DOWN β†’ the app finds a PUT to buy (you pay money now, profit if it falls)

Step 2 β€” Type the stock.
Ticker (e.g. ICICIBANK) or the company name (e.g. "ICICI Bank") both work. Hit Analyze.

Step 3 β€” Read the 3 gates. Think of these as traffic lights β€” you want them GREEN before trading:
🚦 Gate 1 (Trend) β€” is the stock actually moving the direction you expect? PASS = yes.
🚦 Gate 2 (Events) β€” is there an earnings/results date coming up before your option expires? CLEAR = no surprises expected. RISK = be careful, a result can cause a big price jump.
🚦 Gate 3 (Fair Price) β€” is the option priced fairly right now, or too expensive/cheap?

Step 4 β€” Look at the green "Suggested Strike" box.
This tells you exactly which option to trade, why it was picked, and how much money is involved (premium, cost, breakeven). The "Why this strike" list explains the reasoning in plain terms.

Step 5 β€” Naked vs Spread.
πŸ”΄ Naked = simpler, bigger potential reward, but a bad move can cost you a lot.
🟒 Spread = you also buy a cheaper backup option, so your worst-case loss is capped and known in advance β€” safer, smaller reward.

Step 6 β€” Once you've traded, use the "Exit / Buy-Back Price Planner".
Type the price you actually got when you traded, and it tells you the exact price to place your exit order at to lock in a specific profit (e.g. β‚Ή30 or β‚Ή40 per share).

Step 7 β€” "Hold & Profit Projection".
Drag the sliders to see: "if I hold for N days and the stock moves X%, how much will I make?" β€” a quick what-if calculator.

Golden rules: Only trade when Gate 1 is PASS and Gate 2 is CLEAR. Never risk more than you're comfortable losing. This app is a decision-support tool, not financial advice β€” always double check on your broker's terminal before placing a real order.

Educational tool β€” not investment advice. Not SEBI-registered. Data: NSE (delayed/throttled); verify on your terminal before trading. Deltas computed via Black-Scholes from NSE IVs.
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Β© 2026 Mayank Bajpai. All rights reserved. Options Compass is a personal decision-support tool β€” not a registered investment advisory product.