ITM Calculators

Verbier bull blue PNG

You already know the rules. These calculators just do the arithmetic for you. Four calculators covering the checks readers ask about most – plug in your numbers, get a straight answer, no guessing.

Verbier Bear 2

ITM Time Value Calculator

Work out how much of an option's price is time value, not intrinsic value.

$
$
$
Intrinsic value $0.00
Time value $0.00
Time value, % of underlying 0.0%

This premium is lower than the intrinsic value alone. Double-check your numbers — that combination isn't typical.

Time value is calculated as premium minus intrinsic value, expressed as a percentage of the underlying price. This is an educational tool, not financial advice — see The ITM Plan's Replication Pack for the full methodology.

ITM Roll-Up Checker

Check whether your strike has drifted too far below the roll-up trigger.

ETF

Model

SPY Base Model: roll up when your strike drops to 48% of the current price.

$
$
Your strike, % of current price 0.0%
Threshold 48%

This checks whether your strike has drifted to the roll-up threshold for your chosen ETF and model. It doesn't tell you which option to roll into — see The ITM Plan for how rolling up and out works. This is an educational tool, not financial advice.

ITM White Space Checker

Check whether a golden or death cross has actually been confirmed, or is just touching.

SPY uses the 10-day and 200-day SMA, confirmed with at least 1.5% white space.

$
$
Gap between SMAs $0.00
Gap, % of long SMA 0.00%

White space is the gap between the two SMAs, measured as a percentage of the longer SMA. A cross only counts once this gap clears the threshold for that ETF, not the moment the lines simply touch. This is an educational tool, not financial advice — see The ITM Plan's Replication Pack for the full methodology.

ITM Bear Signal Checklist

All four must be true before entering a bear-market trade.

Confirmed bear market SPY is 20% or more below its recent high
Below the 100-day SMA SPY is trading below its 100-day simple moving average
5 / 20 SMA death cross The 5-day SMA has crossed below the 20-day SMA
MACD histogram is negative The histogram is red, below the zero line
0 of 4 conditions met — not yet a bear-market IN signal

Reminder: even if all four conditions are met, The ITM Plan does not open a new bear trade during the Christmas / New Year period (the last five trading days of December and the first two of January). Wait until the new year to enter.

This checks the ITM bear-market IN signal only. It doesn't watch the market for you or tell you when to exit — see The ITM Plan for the full bear-market OUT signal and rules. This is an educational tool, not financial advice.

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Please note that Heather answers all questions at the end of the ITM Blog.

 

Happy trading!