Editor's review
This is a trading strategy development tool for trading on stock exchanges.
When trading on the stock exchanges one needs trading strategies so that you are able to earn money overall. You need not only to develop a strategy as a hypothesis but also to test it over historical data to have reasonable assurance that the strategy works. Visual Options Analyzer (VOptions) is an analysis tool for development, testing, and application of stock and options strategies. You are able to test the strategies you develop, manage your portfolio and checkout “what if” situations easily. The easy to use interface makes it useful for beginners as well as experienced traders to operate. It is quite intuitive and the graphical aids are very useful. VOptions will download and make available free options data from TD Ameritrade. Data from CBOE (Chicago Board Options Exchange) for virtually all options listed on it are available. Data is available from AMEX (American Stock Exchange), PHLX (Philadelphia Stock Exchange), PCX or PSE (Pacific Stock Exchange), and ISE (International Securities Exchange).
VOptions now supports options trading at TD Ameritrade also. You can do a thorough analysis before calling your broker to actually do a trade. 2D and 3D charting and graphics analyzing the data makes it easy to decide on a strategy for the trades. The tool also has some built in strategies; there are 32 of them. Beginners can start playing with these to get familiar and then develop their own as they get a better sense of the market. This is a very good product. If you are looking for a similar solution, this is a good candidate for a trial in your exact set up.
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