options-strategy-advisor

Name: options-strategy-advisor
Author: ajeeshworkspace

48stars41forks

How to install options-strategy-advisor?

ajeeshworkspace/indian-trading-skills/options-strategy-advisor

$npx -y skills add ajeeshworkspace/indian-trading-skills --skill options-strategy-advisor

Installs into the current project.

Summary

Options strategy analysis for Indian F&O markets (NSE). Use when user requests options strategy recommendations, P/L analysis, Greeks calculation, risk management, or F&O strategy planning for Nifty, Bank Nifty, or stock options.

Files · 1

View on GitHub

SKILL.md

1	# Options Strategy Advisor — Indian F&O Markets (NSE)
2
3	## Overview
4
5	This skill provides comprehensive options strategy analysis tailored to the Indian
6	Futures & Options market on the National Stock Exchange (NSE). It covers strategy
7	selection, live data retrieval, margin estimation, profit/loss simulation, Greeks
8	analysis, and risk management — all adapted for the specific characteristics of
9	Indian F&O trading.
10
11	---
12
13	## Indian F&O Market Characteristics
14
15	### Exercise Style
16	- European-style exercise only. Options on NSE can only be exercised at expiry,
17	not before. This simplifies pricing (Black-Scholes applies directly without
18	early-exercise adjustments) and means time value is always fully captured by
19	the seller until expiry.
20
21	### Expiry Schedule
22	\| Underlying \| Expiry Day \| Expiry Type \|
23	\|--------------\|-------------\|----------------------\|
24	\| NIFTY \| Thursday \| Weekly + Monthly \|
25	\| BANK NIFTY \| Wednesday \| Weekly + Monthly \|
26	\| FINNIFTY \| Tuesday \| Weekly + Monthly \|
27	\| SENSEX (BSE) \| Friday \| Weekly + Monthly \|
28	\| Stock Options \| Last Thursday \| Monthly only \|
29
30	- Monthly expiry is the last Thursday of the month (or preceding trading day if
31	Thursday is a holiday).
32	- Weekly expiries are available only for index options, not individual stocks.
33
34	### Lot Sizes
35	Lot sizes are periodically revised by the exchanges. Always verify current lot
36	sizes using the Groww MCP tool `fno_mcx_contracts_search_tool` before calculating
37	margin or position size. Recent reference values:
38	- NIFTY: 75 (recently changed — confirm via MCP)
39	- BANK NIFTY: 15 (recently changed — confirm via MCP)
40	- FINNIFTY: 25
41	- Stock options: Varies by stock (check contract specifications)
42
43	### Margin Requirements
44	SEBI mandates the following margin components for F&O:
45	1. SPAN Margin — Risk-based margin calculated by the exchange clearing corporation.
46	2. Exposure Margin — Additional margin over SPAN for market-wide risk.
47	3. Peak Margin — Intraday margin snapshots; brokers must collect at least the
48	peak margin observed during the day.
49
50	Use `calculate_fno_margin` to get exact margin for any trade before placing it.
51
52	### Transaction Costs
53	- STT (Securities Transaction Tax): Levied on the sell side of options at
54	0.0625% of the intrinsic value on exercise (for ITM options at expiry). For
55	futures, STT is 0.0125% on sell side.
56	- Brokerage: Varies by broker (Groww charges per-order flat fees).
57	- Exchange charges, GST, SEBI turnover fee, stamp duty also apply.
58
59	### F&O Ban Mechanism
60	When the market-wide position limit (MWPL) for a stock's F&O contracts exceeds
61	95%, SEBI places the stock under an F&O ban. During the ban:
62	- No new positions can be initiated.
63	- Only squaring off (closing) of existing positions is allowed.
64	- The ban is lifted when MWPL drops below 80%.
65
66	---
67
68	## Broker MCP Tool Integration
69
70	This skill uses broker MCP tools for live market data and execution support. Use whichever broker is connected (Groww or Zerodha Kite). Always prefer live data over assumptions.
71
72	### Groww MCP Tools (if connected)
73
74	\| Tool \| Purpose \|
75	\|------\|---------\|
76	\| `get_ltp` (segment=FNO, query_type=fno) \| Live option/futures prices and OI \|
77	\| `get_quotes_and_depth` (segment=FNO) \| Bid/ask spreads and market depth \|
78	\| `fno_mcx_contracts_search_tool` \| Search F&O contracts, lot sizes, expiries \|
79	\| `fetch_historical_candle_data` (segment=FNO) \| Historical option price data \|
80	\| `fetch_curated_fno` \| F&O gainers, losers, most traded \|
81	\| `get_open_interest_analysis` \| OI structure, PCR, support/resistance \|
82	\| `get_greeks_for_fno_contract` \| Live Greeks for specific contracts \|
83	\| `get_greeks_for_fno_symbol` \| Greeks for all contracts of an underlying \|
84	\| `get_atm_straddle_chart` \| ATM straddle premium analysis \|
85	\| `get_payoff_chart_steps` \| Payoff diagram generation instructions \|
86	\| `calculate_fno_margin` \| Margin requirement calculation \|
87	\| `get_available_margin_details` \| User's available margin \|
88	\| `resolve_market_time_and_calendar` \| Market hours and trading calendar \|
89
90	### Zerodha Kite MCP Tools (if connected)
91
92	\| Tool \| Purpose \|
93	\|------\|---------\|
94	\| `get_ltp` \| Last traded price for F&O instruments \|
95	\| `get_quotes` \| Real-time quotes with bid/ask depth \|
96	\| `get_ohlc` \| OHLC data for options/futures contracts \|
97	\| `get_historical_data` \| Historical candle data for F&O \|
98	\| `search_instruments` \| Search for F&O contracts by name/expiry \|
99	\| `get_margins` \| Account margins and available funds \|
100	\| `get_positions` \| Current F&O positions \|
101	\| `get_orders` / `get_order_history` \| Order status and execution details \|
102	\| `place_order` / `modify_order` / `cancel_order` \| Order management \|
103	\| `place_gtt_ord

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options-strategy-advisor

48stars41forks

View on GitHub

How to install options-strategy-advisor?

ajeeshworkspace/indian-trading-skills/options-strategy-advisor

$npx -y skills add ajeeshworkspace/indian-trading-skills --skill options-strategy-advisor

Installs into the current project.

Summary

Files · 1

View on GitHub

SKILL.md

1	# Options Strategy Advisor — Indian F&O Markets (NSE)
2
3	## Overview
4
5	This skill provides comprehensive options strategy analysis tailored to the Indian
6	Futures & Options market on the National Stock Exchange (NSE). It covers strategy
7	selection, live data retrieval, margin estimation, profit/loss simulation, Greeks
8	analysis, and risk management — all adapted for the specific characteristics of
9	Indian F&O trading.
10
11	---
12
13	## Indian F&O Market Characteristics
14
15	### Exercise Style
16	- European-style exercise only. Options on NSE can only be exercised at expiry,
17	not before. This simplifies pricing (Black-Scholes applies directly without
18	early-exercise adjustments) and means time value is always fully captured by
19	the seller until expiry.
20
21	### Expiry Schedule
22	\| Underlying \| Expiry Day \| Expiry Type \|
23	\|--------------\|-------------\|----------------------\|
24	\| NIFTY \| Thursday \| Weekly + Monthly \|
25	\| BANK NIFTY \| Wednesday \| Weekly + Monthly \|
26	\| FINNIFTY \| Tuesday \| Weekly + Monthly \|
27	\| SENSEX (BSE) \| Friday \| Weekly + Monthly \|
28	\| Stock Options \| Last Thursday \| Monthly only \|
29
30	- Monthly expiry is the last Thursday of the month (or preceding trading day if
31	Thursday is a holiday).
32	- Weekly expiries are available only for index options, not individual stocks.
33
34	### Lot Sizes
35	Lot sizes are periodically revised by the exchanges. Always verify current lot
36	sizes using the Groww MCP tool `fno_mcx_contracts_search_tool` before calculating
37	margin or position size. Recent reference values:
38	- NIFTY: 75 (recently changed — confirm via MCP)
39	- BANK NIFTY: 15 (recently changed — confirm via MCP)
40	- FINNIFTY: 25
41	- Stock options: Varies by stock (check contract specifications)
42
43	### Margin Requirements
44	SEBI mandates the following margin components for F&O:
45	1. SPAN Margin — Risk-based margin calculated by the exchange clearing corporation.
46	2. Exposure Margin — Additional margin over SPAN for market-wide risk.
47	3. Peak Margin — Intraday margin snapshots; brokers must collect at least the
48	peak margin observed during the day.
49
50	Use `calculate_fno_margin` to get exact margin for any trade before placing it.
51
52	### Transaction Costs
53	- STT (Securities Transaction Tax): Levied on the sell side of options at
54	0.0625% of the intrinsic value on exercise (for ITM options at expiry). For
55	futures, STT is 0.0125% on sell side.
56	- Brokerage: Varies by broker (Groww charges per-order flat fees).
57	- Exchange charges, GST, SEBI turnover fee, stamp duty also apply.
58
59	### F&O Ban Mechanism
60	When the market-wide position limit (MWPL) for a stock's F&O contracts exceeds
61	95%, SEBI places the stock under an F&O ban. During the ban:
62	- No new positions can be initiated.
63	- Only squaring off (closing) of existing positions is allowed.
64	- The ban is lifted when MWPL drops below 80%.
65
66	---
67
68	## Broker MCP Tool Integration
69
70	This skill uses broker MCP tools for live market data and execution support. Use whichever broker is connected (Groww or Zerodha Kite). Always prefer live data over assumptions.
71
72	### Groww MCP Tools (if connected)
73
74	\| Tool \| Purpose \|
75	\|------\|---------\|
76	\| `get_ltp` (segment=FNO, query_type=fno) \| Live option/futures prices and OI \|
77	\| `get_quotes_and_depth` (segment=FNO) \| Bid/ask spreads and market depth \|
78	\| `fno_mcx_contracts_search_tool` \| Search F&O contracts, lot sizes, expiries \|
79	\| `fetch_historical_candle_data` (segment=FNO) \| Historical option price data \|
80	\| `fetch_curated_fno` \| F&O gainers, losers, most traded \|
81	\| `get_open_interest_analysis` \| OI structure, PCR, support/resistance \|
82	\| `get_greeks_for_fno_contract` \| Live Greeks for specific contracts \|
83	\| `get_greeks_for_fno_symbol` \| Greeks for all contracts of an underlying \|
84	\| `get_atm_straddle_chart` \| ATM straddle premium analysis \|
85	\| `get_payoff_chart_steps` \| Payoff diagram generation instructions \|
86	\| `calculate_fno_margin` \| Margin requirement calculation \|
87	\| `get_available_margin_details` \| User's available margin \|
88	\| `resolve_market_time_and_calendar` \| Market hours and trading calendar \|
89
90	### Zerodha Kite MCP Tools (if connected)
91
92	\| Tool \| Purpose \|
93	\|------\|---------\|
94	\| `get_ltp` \| Last traded price for F&O instruments \|
95	\| `get_quotes` \| Real-time quotes with bid/ask depth \|
96	\| `get_ohlc` \| OHLC data for options/futures contracts \|
97	\| `get_historical_data` \| Historical candle data for F&O \|
98	\| `search_instruments` \| Search for F&O contracts by name/expiry \|
99	\| `get_margins` \| Account margins and available funds \|
100	\| `get_positions` \| Current F&O positions \|
101	\| `get_orders` / `get_order_history` \| Order status and execution details \|
102	\| `place_order` / `modify_order` / `cancel_order` \| Order management \|
103	\| `place_gtt_ord

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