1. API
  2. Portfolio risk
  3. Hedge recommendations

Portfolio risk API, POST /hedge-recommendations

How many SPY puts or shares neutralise my delta?

Stock and option hedges that bring your net delta to a target. Computes net portfolio delta and returns a share hedge and an option alternative on the hedge ticker sized to reach the target delta, with cost estimates and projected Greeks after the hedge.

ProPlan and above, from $55/mo
1MCP tool that calls it
2026-09-08Sample captured from the live endpoint

The answer, in one call

Units first,
then the request.

Deltas in share-equivalents; est_cost in dollars.

Share-equivalent hedge, not beta-weighted. Option hedge uses the live chain on hedge_ticker.

curlBearer token from Account, then API Access
curl -X POST "https://apexvol.com/api/mcp/data/hedge-recommendations" \
     -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     -H "Content-Type: application/json" \
     -d '{"positions": [{"ticker": "SPY", "position_type": "STOCK", "quantity": 100, "current_price": 770.25}, {"ticker": "SPY", "position_type": "PUT", "quantity": -1, "strike": 755.0, "expiration": "2026-10-09", "current_price": 6.359999999999999, "delta": -0.3014, "theta": -0.1785, "vega": 0.8379, "iv": 0.1365}], "hedge_ticker": "SPY", "target_delta": 0}'
Pythonrequests, nothing else
import requests

headers = {"Authorization": "Bearer avmcp_YOUR_TOKEN"}
body = {"positions": [{"ticker": "SPY", "position_type": "STOCK", "quantity": 100, "current_price": 770.25}, {"ticker": "SPY", "position_type": "PUT", "quantity": -1, "strike": 755.0, "expiration": "2026-10-09", "current_price": 6.359999999999999, "delta": -0.3014, "theta": -0.1785, "vega": 0.8379, "iv": 0.1365}], "hedge_ticker": "SPY", "target_delta": 0}
r = requests.post("https://apexvol.com/api/mcp/data/hedge-recommendations", headers=headers, json=body)
r.raise_for_status()
data = r.json()["data"]
print(data["current_delta"])
In Claude, Cursor or ChatGPTthrough the MCP server, no code
You

How do I delta-hedge my book with SPY puts?

The assistant calls get_hedge_recommendations and answers from the JSON below.

Tokens come with every paid or trial plan. Sign in and create one under Account, then API Access, or start a trial. Your ticker, your budget.

POST /api/mcp/data/hedge-recommendations200, application/json, captured 2026-09-08
{
  "success": true,
  "data": {
    "current_delta": 130.14,
    "delta_gap": -130.14,
    "hedge_ticker": "SPY",
    "hedges": [
      {
        "action": "BUY",
        "contracts": 3,
        "delta_per_contract": -49.4,
        "description": "BUY 3 SPY 2026-09-30 770 puts",
        "details": "~-49 delta per contract at 9.32 mid (est. cost $2,796).",
        "est_cost": 2796.0,
        "expiration": "2026-09-30",
        "option_type": "put",
        "strike": 770.0,
        "ticker": "SPY",
        "type": "option"
      }
    ],
    "note": "Hedges close a -130 share-equivalent delta gap using SPY. Deltas are NOT beta-weighted: hedging single names with an index proxy needs your own beta scaling.",
    "portfolio_greeks": {
      "daily_decay_pct": 0.0234,
      "delta_exposure_pct": 130.6218,
      "risk_level": "LOW",
      "total_cost_basis": 0,
      "total_delta": 130.14,
      "total_pnl": 76389.0,
      "total_pnl_pct": 0,
      "total_positions": 2,
      "total_theta": 17.85,
      "total_value": 76389.0,
      "total_vega": -83.79,
      "vega_risk_pct": 0.1097
    },
    "projected_greeks": {
      "changes": {
        "delta": {
          "change": -130.0,
          "change_pct": -99.8924,
          "current": 130.14,
          "projected": 0.14
        },
        "gamma": {
          "change": 0.0,
          "change_pct": 0.0,
          "current": -1.3185,
          "projected": -1.3185
        },
        "theta": {
          "change": 0.0,
          "change_pct": 0.0,
          "current": 17.85,
          "projected": 17.85
        },
        "vega": {
          "change": 0.0,
          "change_pct": 0.0,
          "current": -83.79,
          "projected": -83.79
        }
      },
      "current_greeks": {
        "charm": 28.4278,
        "delta": 130.14,
        "gamma": -1.3185,
        "rho": 29.8407,
        "theta": 17.85,
        "vanna": 23.8358,
        "vega": -83.79,
        "vomma": -6.3954
      },
      "current_risk_level": "LOW",
      "hedge_cost": 0,
      "hedge_trades": [
        {
          "position_type": "STOCK",
          "quantity": -130,
          "ticker": "SPY"
        }
      ],
      "projected_greeks": {
        "charm": 28.4278,
        "delta": 0.14,
        "gamma": -1.3185,
        "rho": 29.8407,
        "theta": 17.85,
        "vanna": 23.8358,
        "vega": -83.79,
        "vomma": -6.3954
      },
      "projected_risk_level": "LOW",
      "success": true,
      "timestamp": "2026-09-08T08:07:43.195925"
    },
    "target_delta": 0.0
  }
}

Every response is wrapped as {"success": true, "data": {...}}. Lists in the sample are cut to a few rows so it fits on a page; the shape is exactly what your code receives.

Parameters

Bounded,
and the bounds are stated.

Out-of-range numbers are clamped to the documented range, never silently changed to something else. A missing required field returns 400 with the reason.

NameInDefaultRangeMeaning
positions requiredbodyas /portfolio-greeksThe book.
hedge_tickerbodySPYsymbolWhat to hedge with.
target_deltabody0share-equivalentsWhere to land.

Field by field

What each
number means.

current_delta, delta_gap, target_delta
The gap to close.
hedges[].type, action, contracts, strike, expiration, est_cost, description
Each hedge.
projected_greeks
Greeks after the hedge.

Access, limits, errors

Before the
first call.

Plan
Pro Pro and above. Tokens are issued to paid and trial accounts from $55 a month; each endpoint follows the tier of its web feature. An endpoint above your plan answers 402 and names the plan it needs.
Auth
Bearer token, prefix avmcp_, created under Account, then API Access. Shown once, hashed at rest, rotates in one click. Always call https://apexvol.com, never www.
Limits
60 requests a minute and 1,000 an hour per token, plus a monthly allowance by plan. Every response carries the remaining counts in X-RateLimit-* headers; a 429 carries Retry-After in seconds.
Errors
401 no or revoked token; 429 Retry-After seconds; 403 Pro plan required; 400 missing or malformed body. The full list with payload shapes is on the errors page.
Since
API 1.0. Units, bases and timestamps follow the conventions shared by every endpoint; changes are logged in the API changelog.
Machine-readable
This page as Markdown, the family as one file, the whole API as llms-full.txt or OpenAPI 3.1.

The same data, in plain English

Ask for it
in an MCP client.

Connect the ApexVol MCP server and the assistant calls get_hedge_recommendations by name. One URL, a sign-in, no token to paste.

Prompts that hit this endpointcopy one into Claude, Cursor or ChatGPT
You

How do I delta-hedge my book with SPY puts?

You

How many SPY shares neutralise these positions?

You

Get me to flat delta using QQQ options.

More in the prompt library. Set the server up in Claude Desktop, Claude Code, Cursor, ChatGPT, VS Code, Windsurf or Gemini CLI.

Included with
every paid plan.

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