CORNELIUS, N.C. -- (BUSINESS WIRE) -- VectorVest announced today the release of OptionsPro, a proprietary software tool that simplifies the complex analysis of real-time options trades. VectorVest OptionsPro works in conjunction with VectorVest 7 – an award-winning stock analysis and portfolio management system, to provide a 360 degree approach to trading index and equity options.
OptionsPro is designed to help investors buy options at the lowest cost and sell them at the highest prices. It does this by analyzing the consequences of volatility. High volatility causes option premiums to go up, but it also increases the probability that the underlying will go above your Call option Strike Prices or below your Put option Strike Prices. So there’s a trade-off here, which makes it very difficult to know exactly which Strike Price and expiration date has the highest level of success at the lowest cost on a purchase or highest return on a sell. OptionsPro does the work and lists the best candidates for success.
You may see an instructional video on how OptionsPro works by visiting: www.vectorvest.com/OptionsProVideo
OptionsPro features include four, proprietary volatility studies for charting and automatic scanning by range, deviation, comparison and difference. These studies use implied rather than historical volatility to ensure greater accuracy in gauging the ideal time to open an option position.
The OptionsPro Search Matrix provides an extensive range of preset searches in six categories; Basic, Momentum, Gaps/Range, Candles (daily and weekly), Reversal Patterns and Advanced. All OptionsPro searches may be used in conjunction with VectorVest’s core fundamental and technical searches.
Charting in OptionsPro gives traders access to 27 popular technical indicators (Parabolic SAR, Stochastic, RSI, MACD, Keltner Channels, etc.).
Additional charting features and benefits include:
--Technical graphing to auto-identify and color-code stock candlestick patterns
--Risk/reward analysis on both a current and expiration basis
--Volatility skew charting to exploit aberrations in volatility on strike and expiration
--Probability envelopes to determine likelihood of success based on strike selection
--Time decay charting to find the “sweet spot” for executing options contracts for big profits
“With OptionsPro, traders can scoop up undervalued options and sell overvalued ones, pinpoint the ideal window when to sell to collect the juiciest premiums, and scan any list of stocks to spotlight the ones with the highest probability of delivering enormous profits,” said Brian D’Amico, VectorVest’s Manager of Educational Services. “OptionsPro reduces hours of complex options analysis to a few minutes in an easy-to-maneuver analytics tool. OptionsPro makes successful options trading available to anyone.”
VectorVest OptionsPro is used in conjunction with VectorVest 7. Learn more about OptionsPro by visiting www.vectorvest.com/OptionsPro
For 26 years, VectorVest has been providing superior investment research, and is the only stock analysis and portfolio management system that analyzes, ranks, and graphs over 23,000 stocks each day for value, safety, and timing and provides a buy, sell or hold recommendation for every stock every day. VectorVest combines the insight of fundamental valuation with the power of technical analysis in an easy-to-use stock analysis software package designed for all types of investors. Today VectorVest analyzes markets in the U.S., Canada, the UK, Australia, Hong Kong, South Africa, Singapore and India. For more information and live events, visit www.vectorvest.com.