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Colin,
I use OptionTrader98 Pro by AustinSoft.
A good no-nonsense professional tool at a good price.
Also enables the user to print "volatility" sheets for the
day. So if the market takes off in your direction and you
want to exit the option at the best price, you can glance
at what the option should be worth at the current price and
try for the exit at that price.
Can also scan for "best trades" under given scenarios, although if
you are tracking multiple months you will need a fast processor and
a minimum 0f 32 - 64 MB of RAM. You also need to use some common
sense since some of the suggested "best" positions are kind of stupid.
The software could be a bit more intuitive, but the AS people
have been good about working with me and answering any questions.
I am not affiliated with AS or their product, other than being a user.
Walt Downs
CIS Trading
Colin West wrote:
>
> I'm trying to decide on an options application. Any comments would be
> appreciated. Here's what I've looked at (so far) and my initial opinions:
>
> Omega's OptionStation, an absolute farce!
>
> Bayview Options, pretty much a toy. Seems to be supported by one person who
> becomes annoyed if you can't figure it out from his tutorial. It also
> crashes a lot under NT.
>
> OptionVue. Just started evaluating.
>
> Optionomics is next
>
> Comments and suggestions appreciated.
>
> Regards,
>
> Colin West
> 303-741-8690
> Englewood, CO USA
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