[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

RE: Leaps vs Equity



PureBytes Links

Trading Reference Links

Hi Marshall:

In fact, the one I'm using is Ken Trester's Option Master, as I previously
posted to the group.

Again, here's the website:
http://www.investorsoftware.com/products/2919.HTM


I find this software quite inexpensive and it serves my purpose.


On the other hand, I had occasion to discuss the calculated theoretical
values of the calls/leaps with my broker, TD Waterhouse, because I felt the
options at the time of discussion should be higher (per the theoretical
value of the option as calculated by Option Masters).  Their answer (more
or less):  "Large institutions use option valuation software that cost
thousands, or tens of thousands, of dollars, to calculate theoretical
value.  Your software costs only $100.  What do you expect? ..."


In any event, I'm quite satisfied with this software.


To me, the virtue of underpriced options is only one of the elements that I
consider when doing a trade...



Regards,

Wong
============================

At 08:11 AM 11/8/00 -0800, Liu, Marshall wrote:
>Thanks for the tip. If I may ask, what is the software you are using ?
>
>I remember back in Win 3.11 days there were a couple of vendors selling
>option valuation software.
>One was from Ken Triester and I don't remember the other one (i.e. something
>with a lizard name).
>I found them to be of limited value. Optionscope from MS is not that helpful
>when compared to those other two programs.
>
>Thanks,
>Marshall M. Liu
>Senior Financial Analyst - Investment Management
>Office: (213) 922-4285
>Fax #: (213) 922-4027
>Email: lium@xxxxxxx