Frequently asked questions

Start with a ticker in Terminal. Nolad evaluates CALL versus PUT direction with the Setup Score, then ranks available option contracts separately with Contract Score. Open the selected contract in Edge for chart, chain, pricing and detailed diagnostics. From there, save the analysis or file the trade.

Setup Score summarizes directional and market context before a strike, premium, spread, open interest or volume is considered. Contract Score summarizes liquidity characteristics and payoff metrics for a specific option contract. They are intentionally separate.

HIGH ALIGNMENT, MIXED ALIGNMENT and LOW ALIGNMENT describe how closely the visible evidence matches Nolad's analytical checks. They are descriptive research classifications only, not recommendations or trade instructions.

Yes. Use the ticker search at the top of the workspace. Start typing a ticker or company name, choose a matching symbol, then load it. Exact ticker symbols can also be entered directly.

Terminal is the home workspace. It summarizes the active ticker, last price, Setup Score, top Contract Score, highest-scoring contract, expected move, Setup Score checks, macro risk, scanner opportunities, market context and other quick-access information.

Nolad evaluates eligible expirations and strikes and ranks them by Contract Score. The highest-scoring contract is a descriptive ranking output, not a recommendation. The visible diagnostics show the measurements and trade-offs associated with that contract.

It opens Edge with that underlying, option side, expiration and contract selected so you can inspect the full setup and contract research.

It highlights scheduled macroeconomic events that may matter before the selected contract expires. Risk is color-coded from low to critical. The score reflects potential event impact—not whether the market will rise or fall.

Edge is the detailed setup and contract research workspace. It combines the chart, option chain, expected move, break-even, target-return scenarios, Contract Score diagnostics, liquidity and premium quality, fundamentals, earnings context and saved-analysis tools.

It searches eligible expirations and identifies the contract with the highest Contract Score rather than staying locked to the expiration currently selected in Edge. If you manually select a specific expiration afterward, Edge can show the highest-scoring eligible contract for that date. This ranking is analytical output, not a recommendation.

Patterns such as SMA 40 Bounce, Strong Drop Reversal, Uptrend Gap, Lower Gap Uptrend and Strong Floor can add confirmation when detected. If they are absent, they do not create a penalty. PUT-specific patterns are handled in the bearish direction checks.

Premium Protection summarizes how much of the option premium is intrinsic versus extrinsic value. It helps show how much of the purchase price is immediately supported by intrinsic value.

Use Save Analysis in Edge. Nolad stores a snapshot of the selected contract and the market/setup context at that moment so it can later be viewed or compared with current conditions.

Choose File Trade. Nolad carries the selected ticker, side, expiration, strike, underlying price and entry premium into the trade form. You can adjust the actual fill price and quantity before saving.

Scanner searches the configured liquid/watchlist universe for bullish and bearish setups, then organizes relevant contracts for further research. Calls and Puts can be viewed separately.

Click or tap the ticker in the results table. Nolad loads the result into Edge so you can inspect the full setup, contract data and supporting context in one place.

A scan can require fresh price, setup, expiration, option-chain and liquidity data across multiple symbols. Nolad displays a loading state while those checks are being completed.

It ranks liquid earnings events using options liquidity, historical earnings behavior, historical move context, implied-versus-realized movement and pre/post-earnings behavior.

Markets provides quick access to News, Earnings, Fundamentals, the weekly Earnings Radar and Macro Radar for the active ticker or broader market context.

It combines upcoming/report information with historical price reaction around prior earnings, EPS history, continuation behavior and post-earnings timing windows.

Fundamentals summarizes company overview, profitability, growth, balance-sheet strength, cash-flow quality and valuation context. The financial quality view is sector-aware where sufficient standardized data is available.

Some upstream providers impose quotas or temporary rate limits. Nolad uses available fallback sources where supported, but certain fields can remain unavailable until the provider resumes service.

Green = Low, Yellow = Moderate, Orange = High and Red = Critical event risk. The colors measure potential market impact, not bullish or bearish direction.

A Saved Analysis is a time-stamped snapshot of the selected contract and the relevant Nolad setup/market context. It is intended to preserve what you were looking at when the analysis was saved.

It compares the saved snapshot with current market conditions for the same underlying/contract context. This can include underlying movement, current option value and hypothetical P / L based on the saved entry price and quantity.

Yes. Use the From and To date filters in Saved Analyses to review snapshots from a specific period.

The trade form uses the values captured when the analysis was saved rather than replacing them with today's underlying or premium. You can still edit the actual trade fill before saving. Once filed, the saved analysis is removed from the Saved Analyses list.

The ledger tracks open and closed positions, entry information, current market value, invested amount, realized/unrealized P / L, ROI, days to expiration, status and trade-management actions.

Open positions are marked using the live bid/ask midpoint when both are available, with a bid or ask fallback if only one side is available. Commissions recorded in the trade are included in the trade math.

Yes. A trade can be closed in multiple partial transactions. For example, you can buy 10 contracts, sell 5 at one price, 3 later at another price and mark the final 2 as expired.

Open the trade with Manage / Close, then use the highlighted Close Position control in the Closing Transactions section. Add one or more closing transactions and save the trade.

Nolad provides an Undo Delete control so the most recently deleted trade can be restored during the current session.

Starting Capital is used for account-level ROI calculations. Trade-level P / L and ROI are still calculated from the actual capital invested in each position.

Nolad AI reads the current Nolad workstation context and can explain the selected setup, visible scores, contract comparisons, option-chain diagnostics, chart context, earnings and macro risk in plain language for educational research. It does not provide investment advice, recommendations, trade instructions, position sizing or personalized financial guidance.

No. The analytical engines calculate the Setup Score and Contract Score. Nolad AI explains the results and context; it does not rewrite the underlying scoring methodology and does not turn those results into a recommendation or trading instruction.

The Watchlist keeps frequently monitored symbols easy to access across the workspace. Scanner can also use the configured liquid/watchlist universe when looking for opportunities.

Journal is the review workspace for recording and revisiting trading observations and decisions alongside the analytical tools.

Nolad uses multiple connected data providers for quotes, options chains, charts, news, earnings, macroeconomic releases and standardized financial information. Fallback sources are used for selected datasets when available.

No. Nolad displays the scores, inputs and diagnostics needed to understand a result, while the internal scoring weights and proprietary formula remain private.

Quotes can update at different times across providers and brokers, and spreads can change quickly. Displayed values are informational and may differ from values shown by other data sources.

It uses the same core Nolad analysis but presents it in a mobile-first layout with persistent top ticker access, bottom navigation, horizontal summary cards and mobile drawers/modals.

Use the persistent bottom navigation. Opening another main workspace automatically closes supported overlay panels so navigation remains direct.

Open the hamburger menu in the top header for quick actions and account controls. Major workspace functions also remain accessible through the bottom navigation and page-level actions.