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Options Helper
Options Helper provides essential stock options
analysis for options traders.
Unlike stock, with its
price mainly driven by supply and
demand, the fair price of an option can
actually be determined by a few factors.
If an option is trading at a price that
is far away from this fair price, a
position trader is able to take
advantage of this inefficient situation
and make risk-free money. Professional
option traders use all kinds of tools or
at least a hand-held option calculator
to help them figure out fair prices.
Options Helper's calculation engine is
based on the Cox-Ross-Rubinstein's
binomial pricing model. To obtain a much
more accurate price calculation, Timing
Laboratories LLC has developed
algorithms to track price volatility on
each option separately. A cluster of
application workstations constantly
collects data on over 85,000 options for
the 2,500 stocks trading on the U.S.
market and feed into our backend servers
for intensive calculations. In
additional to the historical
volatilities from stock price
fluctuations, Options Helper also
accounts for conditions including
earning period fluctuations, convergence
and divergence between the long and
short consensus, sector and general
market related volatility etc. These
algorithms work together to derive the
figures to determine the projected
volatility for an option, and
subsequently determine the fair price of
it.
In addition to the fair
price, Options Helper also gives other
useful information for options trading,
including Greeks, the daily trading
volume, open interest, the life of the
option, intrinsic and time value, etc.
One unique display is the daily premium,
which tells you the average premium per
day for the option based on the current
price. You can also use Options Helper
to compare the data in a class to
determine a favorable series to trade,
or to trace the trend of the implied
volatility and daily premium to get the
consensus of the moving direction of the
underlying stock.
Liquidity in option market is much
smaller than equity market and spread
may be high. You will either lost most
of your profit or lost many
opportunities when you failed to
accurately calculate the fair prices.
Options Helper is by far the most
comprehensive tool for getting the fair
price of options trading on the U.S.
market. We highly recommend that you
always consult Options Helper before
entering any trade.
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By Stock Symbol
This service gives you list of a class of
options from a single stock. You start by giving the ticker
symbol of the stock, and the list can be narrowed by
selecting the option types and the expiration periods. You
are able to see the current price, the historical
volatility, dividend yield and earning report date of the
stock. For the list of options, it shows the bid, ask,
volume, open interest, days to expire, implied volatility
(for individual option,) fair value based on the historical
volatility, fair price based on the recent implied
volatility, intrinsic value, time value, and the daily
premium. It allows you to override the current stock price
and volatility data to recalculate the data based on the
overridden figures.
By Option Symbol
This service displays data from one option at
a time but it provides more detailed information than the
list by Stock Symbol service. You are able to see the
current price, the historical volatility, dividend yield and
earning report date of the stock. For the option, it shows
the bid, ask, volume, average volume, open interest, days to
expire, implied volatility, fair value based on the
historical volatility, fair price based on the recent
implied volatility, intrinsic value, time value, daily
premium and the Greeks. It also gives you data of the option
and stock prices from the last two weeks and a graphical
display of the daily volume. It allows you to override the
current stock price and volatility data to recalculate the
data based on the overridden figures.
Volatility Data
This service gives you various kinds of
volatility data of a stock. Simply start by giving the
ticker symbol of the equity. It gives you a graphic display
of the short, medium and long term Historical Volatilities
of the past one year. For Implied Volatilities, the
calculations are done separately for call or put groups and
also for near-the-money options or all options.
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