Any good recommendations for a good free web based options analyzer to find out the max risk, max profit before entering the trade, especially for complex multi-leg position? Thanks!
Not necessarily the best but try this one From www.888options.com There is a veritable cornucopia of calculators to choose from elsewhere. MoMoney.
I believe the OP was after web-based analysis tools. Without that requirement, I would recommend tos desktop software for options analysis too. MoMoney.
its not free.....it is worth it though and this is not a plug....but http://www.hoadley.net/options/options.htm very good and detailed. easily compatabile for excel and has more than one option model. Really worth while getting if you are seriously interested in options.
These guys do covered call analysis. They are not free, but they are good. http://www.optionmonitor.com/index.cfm Don-
A four leg position simulator: http://www.888optionsnet.com/investigator_2/wi_positionSimulator.asp An ok options calculator: http://www.888options.com/resources/options_calc.jsp An options sensitivities simulator: http://www.ftsweb.com/newfts/opsens.htm Another option calculator: http://www.ftsweb.com/options/opbarr.htm A 20 leg expiration calculator: http://www.optionstrategist.com/free/analysis/calcs/expiration/index.html