Overview for Professional Traders

OptionVue 5 Professional Edition

OptionVue Systems International has supported option traders with the finest analytical tools and information since the early 1980s.

Now with more than 6,000 customers worldwide, we remain committed to providing the most technically advanced, accessible and easiest to use options analysis tools and information.

We support our clients with complete current and historical pricing and volatility information, as well as dividend information and symbols, for all U.S. based optioned assets.

OptionVue 5 Professional Edition includes:

• Complete coverage of all exchange-listed instruments
• Real-time implied volatility calculations and skew curve fitting
• Dynamic updating of all theoretical values and Greeks in real-time (Delta, Gamma, Theta, Vega, Rho, Beta, and Theoretical Edge)
• Comprehensive variable volatility models and skew treatment, allowing you to runs in both automatic and manual override modes
• Printable valuation sheets for floor traders
• Multiple option valuation models that account for discrete dividends and allow for early exercise in American-style options
• User-definable underlying instruments with basis adjustment
• Allows individual interest rate settings for each expiration date
• Risk management tools, "What-ifing", and automatic report generation
• Portfolio Delta and Beta for all major market indexes allows for easy hedging of stock portfolios 
• LAN support
• Automatically recognizes complex option positions, real-time P/L on open positions, marked-to-market capability, and much more

Pricing Models

OptionVue 5 Pro satisfies the most demanding requirements of options trading professionals.  Users have a choice of three highly refined option pricing models:

• Black/Scholes model with early-exercise adjustment for American style calls (Roll’s adjustment)
• The Yates model – A refined Black/Scholes model developed in-house, with an early-exercise adjustment for American style calls and puts, also takes dividends into account for all stocks and indexes
• Cox/Ross/Rubinstein binomial pricing with adjustable resolution

Workspace

The trading workspace is a custom-configurable view of your trading world.  A variety of windows can be combined to create a trading command centre with OptionVue 5 Pro:

• View quotes on any combination of assets: indices, stocks, bonds, futures, options, and mutual funds
• Historical Volty Charts, with 6 years of statistical and implied volatility 
• Discover trading opportunities with our world-renowned options Matrix
• Create, analyse, and track complex combinational trades like spreads 
• Historical Price Charts on all assets also allow you to create user-defined indicators from historical options volume data.

You can resize the workspace and change the placement of windows any way that works for you.

 

The Matrix Your portal to a wealth of information. Simply double-click on any asset from the "Quotes Display" to open the Matrix.  View all the options for that asset and experiment with trades. Double-click on any option to "Expand" and display all the option's parameters. In the Matrix, it's easy to analyse a position and "what if" situations. A convenient summary section shows the current value of your positions, cash flow, margin requirements and commissions.  Analyse spreads and other advanced trading strategies. Use the Matrix "Spread Window" to show the combined parameters of several different options at once. You can easily set and change pricing models, volatility information, and other measures that affect your assets.  You control how the information in the Matrix is displayed, and you can instantly switch between the various default formats that you set up. View an asset's average implied volatility, its put/call volume ratio, and the combined Greeks of all your positions and prospective trades.  Call-up the model volatility feature from the Matrix and set how you want volatility modelled - uniform, variable or manual skew. The skew graph allows you to easily see the volatility skew curves of a group of options.  Then, manually override the curves and change volatility.  OptionVue 5 "bends" the curve and instantly shows you the effects of your change.
Graphic Analysis Make a thorough analysis of a prospective or existing trade.  Vivid graphing gives you a visual feel for the potential returns and risk of your investment. See how your trade will perform over a range of projected prices. Analyse multiple trades - superimpose the performance graphs of two or more positions for quick comparison.  View the P/L, Delta, Gamma, Theta and Vega of your position at each price interval for any time period. To see a tabular breakdown of the calculations behind a graphic analysis, click the Details button. See what should theoretically happen to each element of your position; OptionVue 5 takes everything into account - Slippage, Commissions, Dividends, and Interest Cash Flows, etc.
Volatility Charts With six years of historical volatility data, you can see at a glance how current implied and statistical volatility compares to the past.
The Trade Finder It's like having an options trading veteran at your side. Enter your expectations for the selected asset(s) and Trade Finder analyses vast quantities of data, running thousands of simulations to quickly generate a list of its top 50 buy/sell recommendations. Set targets in your Price Charts - they're automatically transferred to Trade Finder.  Filters allow you to eliminate certain options from consideration based on price or volume thresholds. Use Goals to include existing positions in your analysis, recommend profitable adjustments, or to scale the recommended trades to achieve delta neutral positions.  Straddles and Strangles can be created with equal call/put quantities or in a ratio to achieve delta neutral positions.
Portfolio Manager Record and track all your transactions. The Account Status lets you instantly see realized and unrealised gains/losses. Create reports on your account's performance, brokerage commissions, dividends and more. Straight forward and easy-to-use, the Portfolio Manager is also helpful as a training tool.  You can set-up and manage paper-trading accounts as if they were real accounts. Special closing transactions (expirations, exercises, assignments) can be handled automatically for you into the Transaction Log. Automatic option expiration alerts notify you of soon-to-expire options.  Set price level alerts for your objectives and stops in the Status of Account display. Generate reports such as account status, realized and unrealised P/L, performance tracking, and even your Schedule D Capital Gains Tax Report.
Price Charts Crisp and clean in design and graphics, OptionVue 5 Price Charts also allow you to display historical option volume data.  Up to three user-defined lines can be displayed representing dollar volume, contract volume, or open interest for puts, calls, both, or a ratio (puts/calls), shown as daily data, simple average, or exponential running averages of the previous 1-40 days.
Quick OptionVue 5 Demonstration