Tuesday, August 17, 2010

OPTIONS TRADING ANALYSIS TOOL

OptionsOracle is free tool for stock options trading strategy analysis, built for options traders.


OptionsOracle v1.5.0.2 version is now be available.

Download ...

Since options trading is more complex and can involve much higher risk than simple stock trading, traders need to fully understand the options strategy before investing in it. This is where OptionsOracle comes to help. OptionsOracle is a powerful tool that allows testing of different options strategies using real-time options & stock-market information. The tool provides an easy interface to build a stock/options position and then test it using graphs and analytical tools.

OptionsOracle - Main Stock Options Analysis Window

OptionsOracle is simple to use tool that includes a built-in tutorial. After entering the stock symbol, the software will automatically download the real-time information of the stock and its options. Next, using either the wizard with the pre-configured template or using the manual setting, the tested position is built. Lastly, the analysis tools will provide information about the position gain/loss given the stock price and time, enabling you to better understand the position.

and It's Free!

OptionsOracle is FREE tool. No limitations. Enjoy! [OptionsOracle Screenshots]

OPTIONSORACLE - OPTIONS TRADING SCREENER

OptionsOracle wizard is a sophisticated options strategy screener that allows checking customized or pre-configured strategies over multiple stocks with all the options combinations. The OptionsOracle Wizard feature is part of OptionsOracle.

OptionsOracle - Main Options Screener Window

OPTIONSORACLE - VOLATILITY ANALYZER

OptionsOracle volatility analyzer is an easy-to-use historical & implied volatility calculator that provides the ability to analyze the historical volatility of an option compared to its actual implied volatility for similar time periods.

OptionsOracle - Main Options Screener Window

OPTIONSORACLE - OPTIONS GREEKS CALCULATOR

OptionsOracle options Greeks calculator can be used to check options-pricing in more detail. The calculator also provides the ability to quickly load the market options and check them under different scenarios. The Greeks calculator provides analysis of options price, volatility, delta, gamma, theta, and vega.

OptionsOracle - Main Options Screener Window

OPTIONSORACLE - PORTFOLIO MANAGER

OptionsOracle includes a multi-portfolio manager that allows you to monitor your positions in separate portfolios or in one main portfolio. The portfolio also provides the ability to quickly navigate between the saved strategies with a simple and effective user-interface.

OptionsOracle - Main Options Screener Window

OPTIONSORACLE - STRATEGY ANALYSIS

The strategy analysis tool provides the ability to test the strategy under different market scenarios (volatility, underlying price and date) and get the strategy performance and strategy greeks (delta, gamma, vega, theta).

OptionsOracle - Strategy Analysis

OPTIONSORACLE - OPTIONS PAIN ANALYSIS

The maximum underlying option pain is the underlying price point which will cause the maximum loss for options buyers as a whole, at the expiration date. The option pain graph shows the total option exercise value at the expiration date. The minimum point of the graph is the buyers "maximum option pain".

OptionsOracle - Underlying Option Pain

OPTIONSORACLE - VOLATILITY SMILE GRAPH

The volatility smile graph shows the volatility smile of options chain on different expiration dates. This graph can be used to estimate the volatility change of an option given the distance from the ATM option.

OptionsOracle - Underlying Option Pain

OPTIONSORACLE - CUSTOMIZED INDICATORS

The customized indicators feature allows users to enter there own formula or algorithm in JavaScript language to help in ranking stock options.

WORLD WIDE OPTIONS EXCHANGES SUPPORT

OptionsOracle currently supports automatically options-chain download for options traded in the the following exchanges -

  1. USA - Chicago Board Options Exchange (CBOE)
  2. India - National Stock Exchange (NSE)
  3. Canada - Montréal Exchange (MOE)
  4. Australia - Australian Stock Exchange (ASX)
  5. Germany - Frankfurt / Stuttgart Stock Exchange
  6. Italy - Milano Stock Exchange
  7. Brazil - Bovespa Stock Exchange
  8. Israel - Tel Aviv Stock Exchange for Maof (TA25) Index
  9. Philadelphia - Philadelphia Stock Exchange
  10. EUREX - Eurex Stock/Options Exchange
  11. EURONEXT - Paris, Amsterdam, Brussels & London Euronext Stock/Options Exchange
  12. MEFF - Spanish Options and Future Exchange
  13. Nordic - Nordic Exchange (OMX)

OPTIONSORACLE - REAL-TIME DATA-FEED

OptionsOracle currently support interfaces to the following real-time data feeds -

  1. Interactive Brokers - Global Market
  2. TD Ameritrade - USA Market
  3. TradeZone Bovespa - Brazilan Market

FREE FOR ALL

OptionsOracle is free software (FREEWARE). No catches. No nonsense. No limitations. Enjoy!

IT'S SIMPLY THE BEST

It is simply the best free options trading analysis tool, that gives you all you need - options strategies analysis, options screener, volatility analyzer, greeks calculator, and portfolio manager.

OptionsOracle is provided "as-is," without any express or implied warranty. In no event shall the author be held liable for any damages arising from the use of this software.

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