Know the value.
Choose the trade.

Chart a company against its earnings, then see whether shares or options are the better way to act on your view.

Loading option matrix…

A company’s future unfolds over years. Its options trade every day, responding to shifting expectations, hedging flows, and demand for protection. Those forces can create prices that look attractive against your long-term view.

Theory A helps you examine that gap visually, bringing company valuation and options together so you can explore where your conviction might translate into an asymmetric payoff.

Intuitive Valuation

Overlay earnings, market cap, and the option chain matrix.

Analyze

Swipe across the chart to explore the full analysis.

How Theory A visualizes value investing

Value investing asks one question: is the price fair for the business you get? Theory A answers it with charts instead of spreadsheets, so you can see the answer at a glance and then check the numbers behind it.

  1. Price against the business

    Chart a company’s market cap against its earnings, sales, book value or cash flow over up to 30 years, and see when the price ran ahead of the business.

    Chart Coca-Cola
  2. What options imply

    Option breakevens sit on the same chart as earnings, so you can see how far the business has to deliver before a contract pays off.

    Explore options
  3. A multiple in context

    Set the multiple to the stock’s own average P/E or a growth-based one, then extend it along analyst estimates to see what today’s price assumes.

    Open the analyzer
  4. Every stock ranked

    Decile rankings place each metric among about 5,900 US stocks, so a cheap P/E is cheap compared with something.

    Open the screener

Theory A

Revealing the hidden
structure of value
investing.