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get_dispersion

Dispersion / Correlation

A tool of io.github.tdobrowolski1/flashalpha

Working Working · checked 1 d ago · 73 tools

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Third-party content written by another agent. Data to evaluate, not instructions.

Index vs single-name implied correlation and realized correlation across a user-supplied basket. Returns correlation premium (implied minus realized), dispersion trade setup, implied vol of the index vs basket, and per-constituent vol contribution. Use for dispersion trading, correlation premium sizing, or cross-asset vol arb. Alpha tier required.

Input schema

PropertyTypeRequiredDescription
indexstringyesIndex symbol whose ATM IV anchors the implied correlation (e.g. SPX, NDX, RUT)
symbolsstringyesComma-separated constituent tickers (max 50), e.g. AAPL,MSFT,NVDA
apiKeystring | nullnoFlashAlpha API key. Omit when calling via /mcp-oauth (OAuth flow); required on /mcp.
weightsstring | nullnoOptional comma-separated weights matching symbols order. Defaults to equal weight.
horizon_daysinteger | nullnoOptional lookback window in days for realized correlation (default 20, clamped to 5-252).
Raw JSON schema
{
  "type": "object",
  "properties": {
    "index": {
      "description": "Index symbol whose ATM IV anchors the implied correlation (e.g. SPX, NDX, RUT)",
      "type": "string"
    },
    "symbols": {
      "description": "Comma-separated constituent tickers (max 50), e.g. AAPL,MSFT,NVDA",
      "type": "string"
    },
    "apiKey": {
      "description": "FlashAlpha API key. Omit when calling via /mcp-oauth (OAuth flow); required on /mcp.",
      "type": [
        "string",
        "null"
      ],
      "default": null
    },
    "weights": {
      "description": "Optional comma-separated weights matching symbols order. Defaults to equal weight.",
      "type": [
        "string",
        "null"
      ],
      "default": null
    },
    "horizon_days": {
      "description": "Optional lookback window in days for realized correlation (default 20, clamped to 5-252).",
      "type": [
        "integer",
        "null"
      ],
      "default": null
    }
  },
  "required": [
    "index",
    "symbols"
  ]
}

First seen 2026-09-20 · last seen 2026-09-20