Open interest
By expiry and by strike.
MOIRA: where traders are positioned on options
Positioning read from the options flow. A measurement, never an instruction.
Shows who is positioned
coming soon
What it reads in the chain
Market maker exposure
Where they are exposed, by strike.
Put/call ratio
The weight of puts against calls.
Block flow
The large-size trades.
Theoretical price
The gap from the market, with confidence.
Calibrated surface
Volatility by strike and expiry.
The implied volatility surface as MOIRA draws it, a grid in perspective: strikes run to the right, from the lowest to the highest; expiries run to the left, from the nearest to the furthest; implied volatility is the height. Each expiry profile shows the smile: volatility rises as you move away from the forward price, and it rises more below than above. Distant expiries sit higher and are flatter. The at-the-money profile is highlighted.
Research already done
Why an option’s price depends on two axes
- Put to the test: which pricing models hold when the volatility surface deforms.
- The tool measures; reading the chart stays yours.
- The copilot builds tools; research takes years.
Launch and price
Options add-on, yearly
coming soonprice being set
- Mounts on the Workstation base
- With a bundle you do not need it separately: it is already inside Everything included · Everything included + Algo.
- Prices are set when the platform launches: people on the waiting list get them first.
What it does today
- Greeks validated against reference libraries.
What it doesn’t do
- No footprint on the chain.
- Today it is a command-line engine.
Where the positioning stops
- It runs on your own data.
- The outcomes stay yours.
- Automatic orders: planned, after the legal opinion.