Getting the market direction right is only one part of options trading. Strike selection, expiry selection, theta decay, IV and liquidity can also impact the trade.
In this tutorial, we use Delta Exchange API Copilot with Claude Code / Lovable AI to build an AI-powered BTC & ETH Options Contract Selector without manually writing code.
With this tool, you can:
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Select BTC or ETH
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Choose Option Buying, Option Selling, Straddle or Strangle
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Set your market view: Bullish, Bearish or Neutral
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Choose your expected holding period
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Compare available expiries
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Analyse Theta, IV, OI, volume and bid-ask spreads
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Get a recommended expiry and strike
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View alternative contracts
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Prepare a trade ticket and place limit orders directly
The tool scans the available option chain and ranks contracts based on factors such as holding-period fit, theta, liquidity, IV, spreads and Delta, helping you compare contracts instead of simply choosing the nearest expiry.
The workflow
Use Delta Exchange API Copilot to generate the required API specification → Copy the complete prompt into Claude Code or Lovable AI → Build and test the Options Contract Selector → Select your strategy, market view and holding period → Scan the chain → Review the suggested expiry and strike → Prepare the trade ticket.
Get the prompt
Please find the Prompt document link here
Watch the complete tutorial