Does anyone know how to use the "Options Analytics" Tool (IB)

or what it is for? I suspect it another dead-end legacy tool that has been out there forever and of little use, if any.

Option analysis/Interactive analytics/Options analytics is the path to it.

I am looking for a tool that will tell you what an option price should be today if the underlying hits a certain price today.

I can figure it out using delta etc and throwing in a fudge factor by charting the option but just curious what the OA tool is all about. Nothing in help about it. Surprise.

 

OK and should be IB tool?

 

I guess you take the base and 15% Vol change off and use most recent line which in my case is red and go to the underlying price and use the amount that corresponds to it.

Thanks all.

 

Glad for you -- that you got so much "help" from this forum that you were happy with it?

 

Turn on the model price column in option trader by right clicking on the column headers. You will get filled a few ticks better than the model price usually.