Just wanted to ask about OptionVue.... I am trying to learn about options just to expand my knowledge base. I like the ToS analysis tools, but also wanted to ask about OptionVue. I have noticed that almost everyone touting the software has like 15 posts, which is most definitely not a good sign to me....but on the other hand, Larry McMillan says good things about them (which of course may just be about paid endorsements). I am a visual learner and think OptionVue looks pretty cool so far, especially with the way they plot out the options so you can see how it all works....of course I would definitely appreciate anyone\'s opinion if they would care to offer it. Thanks.
I owned OpVue when it was a DOS program. The current app is nice, but you're tied to the background dbase fee. I can't see OpVue offering much in the way of a tutorial. It's best use is in quoting relative value and dbase scanning. You would need a real-time quote provider to use it to its potential. CEV is shit, smoothed vol. I would recommend an excel add-in such as OpStar. Get an excel workout instead of using a canned-app. Free data source as well: http://www.optionstar.com/arb.htm
Thanks for the info Atticus. I see your point about the data, etc....I agree as well about using Excel instead of a canned app...good for the ol\' noggin. I appreciate it man.
The designer of Optionvue also wrote a book. It uses Optionvue for illustration. Good read. http://www.amazon.com/High-Performance-Options-Trading-Volatility/dp/0471323659
OptionVue has the best volatility modeling, though, both uniform and variable. There's just so much more flexibility there, because I can incorporate IV changes into my trades.
Thanks. Looks like it got good reviews on ET but bad reviews on Amazon..not that I really trust reviews in the first place though. lol
Free options software, maybe you will find something useful: http://stockshoot.com/component/option,com_sobi2/catid,6/Itemid,36/