Investing in Options Software

Investing in options software. Information on the best options software.

Here are a few investing in options software products that will help you take the correct investment decisions and also help you manage your investments efficiently.

OptimalTrader: OptimalTrader or OT is a program that needs to be installed on your PC. It will enable you to find and maintain directional and non-directional option trades. The two major parts of the program are the Risk Graph and the Trade Finder. Currently this only covers stock options and index options, and not futures options.

If you are a directional option trader, then you need to perform your technical analysis in a program like AdvancedGET. If you use MACD or moving averages, you can use OptimalTrader to scan for these set-ups and then you project what the stock or index will be on a future date. You need to take the numbers and enter them into OptimalTrader - it will find the most profitable trades using basic and advanced option strategies.

If you are a non-directional option trader, then you can use OptimalTrader to track implied volatility to find stocks and indexes with high or low implied volatility. Then you need to use OptimalTrader to build a trade your trade. There are several tools within OT that will help you build and adjust your non-directional trades.

DeepInsight: DeepInsight combines quantitative analysis with Neural Networks to digest market data and makes statistical option trading recommendations in real time. With such a powerful, sophisticated and automated system you will be able to catch opportunities in stock markets really quickly.

Product features:

Real-time analysis and trading recommendation: By combining streaming data feed and real-time models, DeepInsight provides real-time live analysis, prediction and trading recommendations.

End-of-Day analysis and trading recommendation: By combining end of day data and daily models, it provides end of day analysis, prediction and trading recommendations.

Tracking stock analysis and trading recommendation: It provides users a powerful and sophisticated approach to analyze Exchange Traded Funds (ETF's) or tracking stocks such as QQQ, DIA, SPY etc. Instead of analyzing the prices of ETF's directly, DeepInsight analyzes the underlying stocks of the ETF's and combine all underlying stock models to make the final judgment.

Test and optimize various trading strategies: Users can simulate various trading strategies and test their performance.

Predict next 1-3 day stock price trend: With market information, the system makes a judgment for the most-possible direction of the stock price in the next few days. Users can test how accurate it is day-by-day.

Scan the market for hot prospects: DeepInsight provides 49 powerful methods for users to scan the market and find hot stocks.