Ease of Use
The most crucial part of OptionVue is the alternatives matrix, where youll find all of the pricing data for the alternatives agreements readily available for a specific possession. If you desire to compare several choices methods for a single stock, you have the choice to superimpose numerous P&L charts in a single window.
Based on the positions you input into the options matrix, OptionVue will determine a P&L chart displaying your return as the underlying stock rate changes. If you desire to compare multiple alternatives techniques for a single stock, you have the choice to superimpose several P&L charts in a single window.
If youre an options trader you understand how essential the best platform and software can be. That is where OptionVue declares to come in. OptionVue is an advanced options trading software that includes features such as charts, modeling, and a TradeFinder tool. Discover more about this software and if its right for your alternatives trading in our evaluation of OptionVue
If you desire more choices methods or to develop scans based on custom methods, youll need to buy the additional OpScan module.
Another advantage of utilizing OptionVue is the platforms reporting capabilities. You can keep a log of all your options positions by marking them as carried out within the options matrix. OptionVue will track your trade efficiency over time and keep track of your tax liabilities for end-of-year accounting. Helpfully, OptionVue permits you to develop as many trading accounts as you desire, so you can arrange your trades by brokerage account within the software application.
OptionVue Customization And Layout.
OptionVue provides an extraordinary level of modification. For the alternatives matrix, you can establish up to 3 customizable views and switch in between them effortlessly for more effective options searches.
OptionVue stands out as one of the most robust options trading platforms on the market. The alternatives matrix display and incorporated modeling tools are incredibly effective and enable effective comparison of custom-made options trading strategies. In addition, the capability to modify the estimation of indicated volatility and earnings and loss designs is a significant asset that provides experienced alternatives traders more control over their methods and risk management. Couple of other choices trading software application plans use this level of in-the-weeds customization.
What Type Of Trader Is OptionVue Best For?
OptionVue is a very sophisticated software platform, and as such, is finest fit for skilled choices traders. The platform is most useful for diving deep into danger modeling and requires a strong understanding of the specifications that are available. OptionVues lofty price and lack of integrated tools for alternatives concept scanning mean that this software is just beneficial if you require access to incredibly comprehensive alternatives strategy designs.
The options matrix is created so that you can input trades straight into the alternatives chain display. OptionVue can compute the legs of a multi-leg method for you, and the software will keep an eye on the worth of your trade and your margin cash requirements as prices alter through time..
Charts And Modeling.
From the alternatives matrix, OptionVue supports sophisticated charts that integrate strategy information. To begin, you can pull up a chart for both stock cost data and designed volatility. If you have any employment opportunities participated in the choices matrix, the chart can likewise overlay your earnings and loss zone..
Model suggested volatility for any asset.
Comprehensive, interactive P&L charts.
Access to model specifications, consisting of volatility computations.
Includes trade tracking and reporting tools.
Interface and alternatives matrix are fully personalized.
Really pricey and does not consist of information feeds.
OpScan module costs as much as OptionVue base plan.
The TradeFinder tool within OptionVue is basically a slimmed-down options scanner that mainly enables you to scan choices ideas for a subset of methods and stocks. You can pick from any of 26 call and put methods and set filters based upon the length of the trade or the length of each private leg.
For real-time exchange data, youll need OptionVue Realtime. This starts at $2499.99 annually or $249.99 monthly, plus service charges ranging from $1.50 to $8 monthly, depending upon which exchanges you contribute to your account. Significantly, OptionVue Realtime does not include the BackTrader module. On its own, this costs $60 per month.
If you desire to trial OptionVue, a two-week trial costs $5 and includes access to real-time data for US stock market..
OptionVue also offers some additional tools for trading around revenues or scanning for block trades. The Earnings Play and Block Trades modules each cost an extra $1,200 annually. A choices scanner, referred to as OpScan, costs an additional $60 per month.
The most fundamental part of OptionVue is the options matrix, where youll discover all of the pricing information for the options agreements available for a particular possession. The matrix shows the choices premium, the modeled indicated volatility, and the existing delta value for each agreement. You can look throughout several dates and strike prices side-by-side, making it straightforward to evaluate how choices pricing and suggested volatility are altering.
OptionVue is among the most robust platforms on the market for advanced options traders. This software application includes comprehensive pricing and volatility information, in addition to designs for any custom options strategy. On top of that, OptionVue consists of extremely personalized charting and reporting features.
Regrettably, OptionVue is far from economical– the base platform expenses upwards of $1,000 annually, and that doesnt include the expense of data feeds and accessory modules. Youll require to believe carefully about whether you require the functionality that this software application offers to optimize your revenue when trading choices.
With lots of alternatives trading services out there, such as Sky View Trading and Born to Sell, how do you know if OptionVue is the software application you want? Well take a more detailed take a look at their rates, features, and more in this review of OptionVue so you can make your decision.
OptionVue Pricing Options
An OptionVue subscription begins at $999.99 each year or $99.99 each month. This consists of access to the software application and technical support, but the information feed is delayed by a number of hours. Alternatively, you do have the alternative to connect OptionVue to Interactive Brokers or ThinkorSwim to get real-time quotes through your brokerage.
OptionVue Plus includes the BackTrader module, which allows you to model options strategies on historical information extending back to 2001. A Plus license costs $1299.99 annually or $129.99 monthly.
One of the important things that makes OptionVue special is that you have complete control over all of the parameters that go into the software applications designs. You can examine the horizontal alter of the long-term volatility curve. You have the option to alter the anticipated volatility change for a modification in underlying rate either throughout your modeling or for a particular expiration date. You also have the alternative to modify variables such as month-by-month rates of interest and the base design used for determining volatility.
For the choices matrix, you can develop up to three adjustable views and switch in between them perfectly for more efficient choices searches. The alternatives matrix screen and integrated modeling tools are exceptionally effective and permit for effective comparison of custom-made choices trading methods. OptionVues lofty rate and lack of built-in tools for options idea scanning suggest that this software is just worthwhile if you require access to very comprehensive alternatives technique designs.