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?
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 - http://www.hoadley.net/options/strategymodel.htm