OmniTrader Upgrade Forums
OptionTrader
OptionTrader4
13 replies, 3542 viewings
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OmniTrader Upgrade Forums
OptionTrader
OptionTrader4
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Last Activity 12/1/2022 8:14 AM 13 replies, 3542 viewings |
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NormanH Member  Posts: 38 Joined: 11/23/2011 Location: Richmond VA  User Profile |
1) If you have an option position (credit spread, etc) that is NOT in the program, can you input it and have OptionTrader run its calculations and graphs on it? 2) I can't find any documentation on the Visual Volatility Tool. Has anyone tried it, is it useful? | ||
| Barry Cohen Sage    Posts: 6338 Joined: 1/19/2004 User Profile |
2. In the Option Trader User Guide, check page 20. | ||
| NormanH Member Posts: 38 Joined: 11/23/2011 Location: Richmond VA User Profile |
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| Barry Cohen Sage Posts: 6338 Joined: 1/19/2004 User Profile |
 Attached file : Option Trader User Guide.pdf (905KB - 1309 downloads) | ||
| NormanH Member Posts: 38 Joined: 11/23/2011 Location: Richmond VA User Profile |
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| mgerber Member Posts: 40 Joined: 12/18/2003 Location: Issaquah, WA User Profile |
When I try to open your OptionTrader 4 attachment, I don't get the .pdf I get something called octet-stream . . . Mark G. On Firefox, octet-stream: Edit: I have not used Internet Explorer for years, and thought that I was in IE 11 when I posted this screen shot. But it turns out MS made a new browser called Edge. the icon looks just like the old IE 11, but a darker blue. On Edge, the screen shot shows .asp: It took a bit of googling to find out that IE 11 is available as a legacy alternative to the new Edge. And even more googling to discover how to find it: It is under Window Accessories. IE 11 does not show the classic Adobe Reader interface, but I can download your .pdf now. BTW, discovered this about the new Edge browser: https://helpx.adobe.com/acrobat/using/display-pdf-in-browser.html Microsoft Windows 10 will ship with two browsers: Internet Explorer 11 and the new Edge browser. The Edge browser will be the default browser, and Internet Explorer 11 will be available to support legacy workflows. The new Edge browser will not have any support for ActiveX plug-ins. Therefore, the Acrobat/Reader plug-in won't work with Edge. [Edited by mgerber on 7/14/2016 9:59 AM] Attached file : Trying to get the OptionTrader 4 pdf.png (14KB - 1329 downloads) Attached file : MS Edge browser screen shot.png (21KB - 1152 downloads) | ||
| Barry Cohen Sage Posts: 6338 Joined: 1/19/2004 User Profile |
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| mgerber Member Posts: 40 Joined: 12/18/2003 Location: Issaquah, WA User Profile |
--Mark Edited prior posts to reflect information about new Win 10 Edge browser vs. legacy IE 11. Still don't know why Firefox will not open just this one .pdf link . . . a continuing mystery. [Edited by mgerber on 7/13/2016 11:39 PM] | ||
| Jim Dean Sage  Posts: 3022 Joined: 9/21/2006 Location: L'ville, GA User Profile |
Fwiw - for what ver reason, Safari opens it on an iPhone as a PDF, and saves it as such. | ||
| NormanH Member Posts: 38 Joined: 11/23/2011 Location: Richmond VA User Profile |
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| NormanH Member Posts: 38 Joined: 11/23/2011 Location: Richmond VA User Profile |
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This accout has been deleted |
To answer you question--Yes you can setup any type of spread you want, the skew graph will not pick this up (I have told nirvana about this_ However, the current program can be set to run credit spreads or whatever choice you pick and return results for these option setups. So, it's good at finding option setups using the option finder tools. Not to confuse you, Option Trader 4 does show the skew graph for the results it finds and you can click through these selections and it will update the graph, then you can select from this list or change it if you like, but it will not pick up any of these new changes on the graph, if you change from the original selected setup. If you're looking for an option scanner and want to just go with its selections then I recommend this plugin to get you in the ballpark. I use it daily but put in my option trades through another broker (TOS), because I make changes and have to see how my greeks change my setup. Finally, visual volatility tool is not the best for telling you anything about your option trade--it looks good but that's it for me. Bottom line, this plugin will help you if you are new to option trading and do not want the big learning curve with options trading. I hope this helps [Edited by on 9/25/2016 12:38 PM] | ||
| Bob McGuire New User Posts: 3 Joined: 11/21/2016 Location: SHelby Township, MI User Profile |
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| Randy Regular Posts: 50 Joined: 12/6/2003 User Profile |
Check out a long straddle option. Randy |
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