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Any reasonably priced "must-have" option software?

  1. What option software do you find indispensable? I'm looking for something user-friendly that can help me to figure out P/L, position sizing, pricing and such on the fly. Thanks!
     
  2. Think or Swim has good software and its FREE.
     
  3. But I don't want to move my account just for that.
     
  4. Some help much appreciated.

    I have an a/c with IB and mostly I trade credit spreads on index futures.

    I would like to know margin used up for my different trades. IB only gives margin realtime in total but not by individual trades. If I knew margin details I would close some positions to relese margin to maximise use of my capital.

    Thanks
     
  5. What about making an excel sheet connected to IB TWS that calculates the margin.