Is Hoadley software useful if you have TOS?

Discussion in 'Options' started by sync, Sep 10, 2008.

  1. sync


    I think TOS is great but some times I want to analyze a hypothetical position that I've read in a book or online. That doesn't seem to be doable in TOS.

    I also find TOS somewhat awkward for doing what if scenarios.

    I've heard a lot of good things about Hoadley's software. I like software with a really good user interface and I don't see Excel as being a great platform for that.

    Is anyone here using both TOS and Hoadley software?
  2. dmo


    I use Hoadley a lot - it's become my go-to options analysis software. He provides tons of ready-made spreadsheets and applications, and if none of those do what I need I make my own spreadsheet using his option functions. I have nothing but good things to say about it - the guy's a maniac, adding new stuff to the package at a furious pace. I once emailed him a suggestion and he put out an update incorporating it a week or two later. The ultimate bargain for $100.

    I think what you're looking for specifically is what he calls the options strategy evaluation tool -