real-options

real-options is a skill for Claude Code from ironyjk/strategy-frameworks. It costs 40 tokens per session (4,580 once invoked), scanned A, original, MIT.

A way to evaluate investments when future conditions are uncertain by considering the value of keeping choices open. It looks at options such as expanding, waiting, stopping, or switching direction.

In plain words
What is it for?
Use it to assess strategic investments where new information may arrive and managers may delay, expand, abandon, or alter the project.
Why use it?
It addresses the limits of net present value, a common investment calculation that can undervalue projects because it assumes decisions are immediate and difficult to change.

Skill for Claude Code

Written for Claude Code: user-invocable in frontmatter.

Part of the strategy-frameworks plugin — 27 skills shipped together

Good fit Use it to assess strategic investments where new information may arrive and managers may delay, expand, abandon, or alter the project.

Compare 6 skills from other repositories ↓
Install with agentmods
npx agentmods add skills/ironyjk/strategy-frameworks/real-options
Install

Getting it into your agent

One page per mod, every tool's command on it. A separate URL per tool would split the same page into five that compete with each other.

Any agent
npx skills add ironyjk/strategy-frameworks --skill real-options
Clone the repo
git clone --depth 1 https://github.com/ironyjk/strategy-frameworks

Made for: Claude Code.

Or install strategy-frameworks, the plugin that ships this one along with the rest of its 27 skills.

Wrote this? Show the measurements

A badge with what this costs and how it scanned, read live from this page, so it follows the numbers instead of freezing them. Markdown for a README, HTML for a documentation site or a project page.

agentmods badge for real-options

README.md
[![agentmods](https://agentmods.dev/badge/skills/ironyjk/strategy-frameworks/real-options.svg)](https://agentmods.dev/skills/ironyjk/strategy-frameworks/real-options)
Your own site
<a href="https://agentmods.dev/skills/ironyjk/strategy-frameworks/real-options"><img src="https://agentmods.dev/badge/skills/ironyjk/strategy-frameworks/real-options.svg" alt="Measured on agentmods" height="20"></a>
Per session 40 Skills are progressive disclosure: only the name and description are preloaded; the body loads when the skill is used.
When invoked 4,580 The whole file, excluding the scripts and references it only reads on demand.
Security scan A 0 findings. A grade says what 26 rules found in the file — not that it is safe.
Origin original No closer match found in the catalogue.
Token cost

What it costs to keep this loaded

Counted locally with the o200k_base tokenizer, which is exact for GPT models; Claude uses its own tokenizer and its counts differ. Treat this as one consistent yardstick across the catalogue rather than a bill. Prices are per million input tokens.

ModelPer sessionOnce invoked
Fable 5.1 $0.00040 $0.04580
Opus 5 $0.00020 $0.02290
Sonnet 5 $0.00008 $0.00916
Haiku 4.5 $0.00004 $0.00458

Measured 7d ago against content hash 8a8765ffca3a, method: parsed. Prices are Anthropic first-party input rates as of 2026-09-07, from the pricing page.

Security

Grade A, and why

real-options scanned grade A with 0 findings against 26 rules in 11 categories — prompt injection, anti-refusal, data exfiltration, privilege escalation, supply chain, agent snooping, system-prompt leakage, SSRF and excessive agency — measured 7d ago.

A static scan of the body, not an audit. Every finding is printed with the line that produced it so you can judge whether it matters here. A mod is markdown that instructs an agent; that is exactly why what it instructs is worth reading.

Nothing flagged

None of the 26 patterns this scan looks for appear in this file: no shell pipes, no recursive deletes, no credential paths, no hidden text, no instruction-override or anti-refusal phrasing, no agent-config snooping. That is not a guarantee, it is the absence of the things that are checkable.

real-options/SKILL.md · 407 lines

How it starts

The opening of the file, as written. The whole thing — 407 lines — stays where its author put it; the contents beside it link to each section on GitHub.

Real Options Analysis (실물옵션 분석)

"In an uncertain world, the value of being able to change your mind is enormous."

1. Why NPV Alone Fails — The "Now or Never" Fallacy (전통 NPV의 한계)

Traditional Net Present Value (NPV) analysis assumes a binary, irreversible decision: invest now or never. This "now or never" framing systematically undervalues investments in uncertain environments because it:

  • Ignores the value of waiting — new information arrives over time that can improve decisions
  • Treats uncertainty as purely negative — higher discount rates penalize uncertain projects, when uncertainty can actually create upside
  • Assumes passive management — managers are modeled as automatons who cannot adapt, pivot, or abandon
  • Forces a single scenario — collapses a distribution of outcomes into one expected cash flow

The core insight: When you have the right but not the obligation to take future action, uncertainty increases value rather than destroying it. This is identical to how financial options work — a call option becomes more valuable as volatility rises.

NPV says: "This project has negative expected value. Don't invest." Real Options says: "This project has negative expected value if you commit fully today. But a small pilot investment buys you the option to expand if conditions improve — and that option has significant value."


2. Financial Options Analogy (금융옵션과의 유추)

Real options borrow directly from financial option theory:

Financial Option Real Option Analogy
Stock price (S) Present value of expected cash flows What the underlying asset is worth today
Strike price (K) Investment cost to exercise What you must pay to proceed
Time to expiry (T) Decision window duration How long you can wait before deciding
Volatility (σ) Uncertainty of cash flows How much outcomes could vary
Risk-free rate (r) Time value of money Cost of deferral
Dividends Lost cash flows from waiting Revenue foregone by not acting now

Read the full file on GitHub · 407 lines

Changes

What this file has done since we first saw it

Hashed on every crawl. A supply-chain change to an agent config is a question of when, not whether, so the history is kept rather than the latest state alone.

  1. 7d ago First seen · 407 lines · 40 tokens per session scan A 8a8765ffca3a

Subscribe to this mod's changes

real-options is a skill published in the GitHub repository ironyjk/strategy-frameworks (11 stars, last pushed 4mo ago), licensed MIT. It adds 40 tokens to every session and 4,580 once invoked, about $0.0002 per session on Opus 5. A static security scan graded it A with 0 findings. No closer match exists in the catalogue, so it is treated as the original; first seen 2026-08-30.