Option Wizard Online

NEWS FOR IMMEDIATE RELEASE, Friday, September 17, 1999

Contact: John A. Sarkett, 847.446.2222, jas@option-wizard.com

Download Option Wizard, visuals at: http://option-wizard.com

Option Wizard Online Adds

New One-Click Functions

Option Wizard Online maximizes its one-click functionality and ease of use.

The options analytics program for Microsoft Excel adds new buttons to download historical volatilities for all stocks, and to calculate: implied volatility, next 36 stock option expirations, percent to double and option profit/loss for 22 stock option positions from simple to complex.

Historical volatilities -- 20, 50 and 100 day and a current implied volatility -- are downloaded from McMillan Analysis Corporation optionstrategist.com site. The 3,500 rows of data are then processed to link up with any ticker symbol the client chooses -- with one button click.

Next step: download options chains. Then, enter your option price, and click to calculate implied volatility. Option Wizard calculates the implied volatility and posts directly above historical volatilities to tell if your option is under-, over- or fairly priced.

Option Wizard calculates the next 36 stock expirations. The client selects his strike from the drop-down box.

Similarly, Option Wizard calculates "percent-to-double" with one button click, i.e. the percent the underlying must move for the option price to double.

To analyze the profit-loss picture on any options position -- from simple to complex -- the client clicks the appropriate button, then edits the sample data to match his position. Profit-loss is shown in table and chart.

"Our clients choose Option Wizard Online for ease of use, and now it is even easier to use," says Option Wizard developer John A. Sarkett. "We have also revamped and consolidated our documentation in a 15-page simple but comprehensive QuickGuide. The first seven pages are devoted to our basic product; the remaining eight pages address our special DDE versions for subscribers to leading data services: PC Quote 6.0, quote.com, myTrack and eSignal."

The Option Wizard Trading Method QuickGuide may be downloaded as an Adobe Acrobat document from http://option-wizard.com/OWOQG.pdf.

Option Wizard debuted on the worldwide web in August, 1995, and quickly won a worldwide audience of adherents who wish to do options analytics and technical analysis in a familiar and customizable Microsoft Excel environment. (Microsoft Excel is the program of choice among many top Wall Street institutional financial and options analysts because it can be customized.) Unique features include the copyrighted decay (theta) table that shows fair value options price and 110 price-time variants, percent-to-double, and Internet integration.

Option Wizard won a Reader’s Choice Award in December, 1998 from Technical Analysis of Stocks and Commodities magazine.

Contact: Option Wizard, Sarkett & Associates, Inc., 485 Sunset Road, Winnetka, IL 60093, 847.446.2222. Web site: http://option-wizard.com. Email: info@option-wizard.com.