Frequently Asked Questions
Can't find what you're looking for? Email us at info@lavender-ts.com — we respond the same day.
About Lavender
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Lavender Trading Solutions provides independently computed option Greeks — dividend-aware, early-exercise-aware, with calibrated forward prices — ticking continuously across the full OPRA universe (~6,000 names). One analytics engine powers three products: a research community on Discord, a production REST API via Gateway, and a professional desktop interface in Terminal. Whatever you use, you're working from the same numbers, computed the same way, every time.
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Lavender was founded by Jonathan K. Weedon, a technologist and market architect with more than two decades of experience building professional-grade options systems. He founded Derivix in the mid-2000s — writing every core component himself, from pricing models and volatility engines to risk systems and the full execution stack — before its acquisition by FlexTrade.
He then spent more than a decade gaining deep experience in how elite volatility operations actually work at the highest levels of the industry. He brings that perspective, and the independent vision that has driven his career from the start, to Lavender Trading Solutions.
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Lavender is built for options and volatility traders, quantitative researchers, and developers whose P&L depends on the accuracy of their Greeks — and who know that one source isn't enough.
It is especially relevant for anyone working with American options, dividend-paying underlyings, or strategies where early exercise is a real consideration. It is not a signals service or trade recommendation platform.
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Most platforms compute greeks using Black-Scholes or simplified models with continuous dividend yield assumptions. These work reasonably well in normal conditions but produce materially wrong hedge ratios near ex-dates, deep ITM, and for short-dated American options where early exercise is a real consideration.
Lavender uses discrete dividend modeling, explicit early exercise handling, and calibrates the implied borrow rate per expiry — enforcing put-call parity and producing consistent call and put greeks even in hard-to-borrow names.
If your current provider already handles these correctly, running Lavender gives you an independent second source. Where two good models agree, you have confirmation. Where they diverge, you have a signal worth investigating.
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No. Lavender is an analytics and decision-support system designed to work alongside your existing brokers and execution relationships. It provides independent Greeks and risk analytics — it does not execute trades or act as a broker in any capacity.
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No. Lavender provides analytics, models, and tools so you can make better-informed decisions yourself. It does not provide trade signals, investment advice, or recommendations of any kind.
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Lavender currently offers three products built on the same analytics engine:
Lavender Discord — a command-driven analytics tool — run /surf, /skew, /term, /greeks and get instant volatility charts on any ticker in Discord. Free to join, 25 commands/day.
Lavender Gateway — a locally-running REST API server that delivers independently computed Greeks and implied volatility across ~6,000 OPRA names. Nine vendor-compatible endpoints, extended Greeks through third order. Available now at $300/month per instance.
Lavender Terminal — a professional desktop interface for visualizing risk, navigating options chains, and building trade ideas — powered by the same analytics engine as Gateway. Launching July 1, 2026 at $250/month per seat.
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Gateway is a locally-running analytics server that computes implied volatility and Greeks and delivers them via REST API. It runs on your machine at localhost:2112. Nothing routes through a remote server — your data stays in your environment. It includes nine vendor-compatible endpoints so your existing code works with a one-line host change. Available now at $300/instance/month, up to 3 users.
→ View the documentation at docs.lavender-ts.com
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Lavender Terminal is a professional desktop interface — a full options chain viewer, risk dashboard, and trade idea builder powered by the same analytics engine as Gateway.
It launches July 1, 2026 at $250/month per seat. Join the waitlist at lavender-ts.com/trader to be notified at launch and lock in the introductory rate.
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Lavender Discord is a command-driven analytics tool built into Discord. Type /surf, /skew, /term, or /greeks and get an instant professional-grade volatility chart for any ticker. Free tier includes 25 commands per day. - enough for casual exploration. Pro tier is $25/month for unlimited commands.
→ Join Lavender Discord
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Discord provides the simplest possible interface for on-demand analytics. No installation, no code, no browser — just a command and an instant chart. It's the entry point into the Lavender ecosystem and the fastest way to see what the analytics engine produces.
The Products
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No. Gateway does not deliver bid/ask, volume, open interest, or trade data. It computes and delivers independently calculated Greeks and implied volatility. Market data fields in vendor-compatible responses are present only for wire compatibility — they are zeroed or null. Gateway is an analytics engine, not a data feed.
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Lavender computes both. Theta is the conventional partial derivative — the standard per-calendar-day rate that most systems report. Decay measures the expected price change from now to the same time on the next trading day, accounting for weekends and holidays.
The two values are close on a typical weekday but diverge significantly on Friday afternoons and around holidays. If today is Friday, theta shows one abstract day of decay. Decay shows what your position actually loses over the three-day weekend.
Theta is available on all endpoints including all vendor compatibility layers. Decay is available on the native Lavender API.
→ Full explanation at docs.lavender-ts.com/concepts/greek-conventions
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Core Greeks: delta, gamma, vega, theta, rho, and decay.
Second-order Greeks: vanna, volga, charm, veta, and vera.
Third-order Greeks: speed, zomma, color, and ultima.
Additional first-order Greeks: epsilon (dividend sensitivity) and lambda (leverage ratio).
Extended Greeks are available via the native Lavender API using the greeks=all parameter. All are computed robustly across the full chain — not just at-the-money.
→ Full Greek conventions and definitions at docs.lavender-ts.com/concepts/greek-conventions
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Lavender models dividends as discrete cash events — not as a continuous yield. This produces accurate greeks near ex-dividend dates, where continuous yield assumptions create material errors in delta and other sensitivities.
The borrow rate is calibrated per expiry to enforce put-call parity and produce consistent call and put greeks, even in hard-to-borrow names.
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Yes. Gateway explicitly models early exercise behavior and computes optimal exercise boundaries across strikes and maturities. This produces accurate Greeks for deep ITM calls near ex-dividend dates — a regime where European-style models produce systematically wrong results.
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IV is expressed as an annualized decimal. 0.25 means 25% annualized IV. 1.50 means 150% annualized IV.
→ Full IV conventions at docs.lavender-ts.com/concepts/greek-conventions
The Analytics
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You will receive an email from Jonathan with setup instructions. The process is straightforward:
Download Lavender.exe
Run it and enter the email address associated with your subscription
The gateway starts on localhost:2112
Paste this into any browser to see Greeks immediately — no code required:
http://localhost:2112/l1/greeks?root=SPY&format=html
A full Greeks chain for SPY renders as an HTML table in your browser. Most users are running Greeks within the hour.
→ Full quickstart guide at docs.lavender-ts.com/getting-started/quickstart
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No. Access is configured at the gateway level when you run Lavender.exe and enter your subscription email. All REST endpoints work without authentication headers on individual calls. If you're migrating from a vendor, your existing API keys and auth headers stay in your code exactly as they are — the gateway accepts and ignores them. Since it runs on localhost, your vendor credentials never leave your machine.
→ Authentication details at docs.lavender-ts.com/getting-started/authentication
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Gateway provides compatibility layers for nine vendors: Alpaca, AlphaVantage, Intrinio, LiveVol, MarketData.app, Orats, Polygon.io, ThetaData, and Tradier. Each layer replicates the wire format of that vendor's options endpoint — same JSON structure your code already handles, just served from localhost. ThetaData v2 and v3 are both supported.
One scaling note: eight of nine compatibility layers use the same per-1% convention as the Lavender API for vega and rho. ThetaData is the exception — it returns vega, rho, and epsilon per unit (100× larger).
→ Full vendor guides at docs.lavender-ts.com
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If you're already using one of the nine compatible vendors, the change is one line — point your existing code at localhost:2112 instead of your current host. No other changes needed.
If you're building a new integration, the native Lavender API supports JSON, CSV, NDJSON, and HTML output. A basic Python integration is a few lines of code.
→ Quickstart with code examples at docs.lavender-ts.com/getting-started/quickstart
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Yes. Gateway supports Excel integration.
→ Excel setup guide at docs.lavender-ts.com/getting-started/excel
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Yes. All client-facing connections use REST/HTTPS only. There are no WebSocket requirements.
Integration
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Gateway is $300 per instance per month, covering up to 3 users. Month-to-month — no annual commitment, no setup fees, cancel any time.
For teams running multiple instances or needing more than 3 users, contact us at info@lavender-ts.com.
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Terminal launches July 1, 2026 at $250 per seat per month. Month-to-month, no annual contract. Join the waitlist at lavender-ts.com/trader to be notified at launch.
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Free tier: join at no cost, 25 commands per day. Pro tier: $25/month, unlimited commands for individual use. Cancel any time.
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At most firms, $300/month falls within individual discretionary spending authority for tools and subscriptions. Many users put it on a corporate card without a procurement conversation.
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Not currently. If you have questions about whether Gateway fits your workflow before subscribing, email us at info@lavender-ts.com — we'd rather answer your questions upfront.
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You'll receive an email from Jonathan directly with your access credentials and setup instructions. Most users are running Greeks within the hour. If anything is unclear during setup, reply directly to that email — Jonathan responds personally.
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Yes. Month-to-month means exactly that. Cancel any time from your Stripe account with no penalties.
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Lavender Gateway is available now at $300/month. Lavender Discord is free and open to join today. Lavender Terminal launches July 1, 2026 at $250/seat/month — join the waitlist at lavender-ts.com/trader.
Pricing & Access
Ready to get started?
Gateway is available now. Most users are running independent greeks within minutes.
Questions? Email info@lavender-ts.com — we respond the same day.