Advice on options software and setup

Discussion in 'Options' started by lewisusauk, Oct 25, 2012.

  1. Hi

    I'm a beginner options trader (former FX trader) and want to make sure I'm picking the right software to get into this field.

    I'd love to know what folks here are the features in any software that are must haves?

    I'm particularly curious to know if (and why) it's particularly important to have software that offers options statistics breakdown (e.g. implies/historical vol), volumes of options traded in an underlying as well as option time and sales.

    Thanks in advance !
  2. just get a TDA account (formerly TOS) and be done w/ it. you don't even has to keep a lot (or any) money there - you can use it for analytics and use ib or another broker for execution.
  3. Thanks Frank. Any particular reason you like TOS?
  4. the analytics
    the ease of use - believe me you don't want a complicated platform to enter/manage/exit trades
    the great customer service - i'm impressed it's still good even after the buyout