Effective option leverage API

Compute effective option leverage lambda (omega) = delta x (underlying / optionPrice), plus notional controlled and capital at risk across contracts. Deterministic leverage identity. Answers 'how much leverage does this option give me','what notional am I controlling','how does a 1% underlying move affect the option'.

Price$0.03per request

MethodPOST

Route/v1/calc/opt-leverage

StatusLive

MIME typeapplication/json

Rate limit120/minute

CacheNo cache

optionsleveragecalclambdaomegadeltaderivativestrading

API URLhttps://x402.hexl.dev/v1/calc/opt-leverage

Integration docs

Example request

{
  "underlying": 100,
  "optionPrice": 5,
  "delta": 0.6,
  "contracts": 1
}

Example response

{
  "underlying": 100,
  "optionPrice": 5,
  "delta": 0.6,
  "contracts": 1,
  "notionalControlled": 10000,
  "capitalAtRisk": 500,
  "effectiveLeverage": 12,
  "formula": "Ω = delta * (underlying / optionPrice)",
  "interpretation": "A 1% move in the underlying moves the option ~12%."
}

Input schema

{
  "type": "object",
  "required": [
    "underlying",
    "optionPrice",
    "delta"
  ],
  "properties": {
    "underlying": {
      "type": "number",
      "examples": [
        100
      ]
    },
    "optionPrice": {
      "type": "number",
      "examples": [
        5
      ]
    },
    "delta": {
      "type": "number",
      "description": "option delta (-1 to 1)",
      "examples": [
        0.6
      ]
    },
    "contracts": {
      "type": "number",
      "default": 1
    }
  }
}

Output schema

{
  "type": "object",
  "additionalProperties": true
}