Parity for ChatGPT
Ask in plain English. Parity uses current option-market data to model a Collar, Buffer structure, or Covered Call for 100 shares of a U.S. stock or ETF.
How it works
Connect your Parity account and sign in securely.
Tell ChatGPT the ticker, time period, and outcome you want.
Parity retrieves current option data and calculates available structures.
Review expiration, strikes, bid/ask and midpoint pricing, dividend forecasts, liquidity, and outcome tradeoffs.
Example prompts
Compare a Collar, Buffer structure, and Covered Call for 100 shares of SPY over approximately one year.
Model a one-year Collar for AAPL with a 10% maximum-loss target.
Model a 10% first-loss buffer for QQQ with an 8% target gain.
What downside cushion could a Covered Call create for 100 shares of NVDA over the next year?
What Parity provides
Collar, Buffer, and Covered Call calculations
Selected expiration and option strikes
Bid, ask, executable, and midpoint package pricing
Expected dividend estimates through expiration
Downside, upside, downside-cushion, and liquidity details
Important limitations
Parity provides illustrative calculations, not personalized recommendations. It does not determine suitability, connect a brokerage, route orders, or execute trades. Quotes, available contracts, and dividend forecasts can change.
Access and security
An active Parity Trade Builder subscription is required. ChatGPT securely redirects you to Parity to sign in.
Never paste your Parity password, verification code, or API key into a chat.
FAQ
No. The ChatGPT integration is included with Trade Builder. API Access is a separate product for direct programmatic use.
No. It models and explains illustrative structures only.
The integration returns implementation-level information, including expiration dates, strikes, and option pricing.
Parity currently models one standard option unit covering 100 shares. Standard listed equity-option contracts generally represent 100 shares.
Parity provides illustrative calculations only and does not recommend, optimize, execute, or guarantee any outcome. Options involve risk and are not suitable for all investors. Past performance does not guarantee future results.