The options tool of choice among traders and investors around the world.



Vís-a-vís competitors

We are asked daily, what is the difference between Option Wizard Online, OptionStation, Option Money and OptionVue. Here is the comparison, plus read the following feature as well . . .
Software Manual
(pages)
Learning Curve Cost Scan IV/HV Web page Option analysis Data feed
Option Wizard® Scan 1 web page Intuitive one-click operation, instructions onboard

$299 -- best value for options scan capability

Free trial

Real time or delay http://option-wizard.com/scan.shtml Ticker or list RT
or Delay
(free)
OptionStation
(new web version under construction to accompany TradeStation 6)
1500 for previous suite, not available now Steep
Must learn EasyLanguage to take full advantage

$30,000 equities account, $14.95 per trade, or $10,000 futures account and TS 6.0 is free.

No free trial; must open account.

Real time or delay tradestation.com By list RT, Delay, EOD
OptionVue 300+ Steep
Special vocabulary

$3,585*

$59 trial

Real time or delay optionvue.com By list RT, Delay, EOD
Option Pro 300+ pdf on CD Average

$995 - $1,495 (RT)

No trial

Real time or delay essextrading.com By list RT, Delay, EOD
OptionMoney web Average $99-$599
no scan capability
No optionmoney.com By ticker EOD
AIQ Option Expert web Average No direct purchase; $39 per month fee Yes aiqsystems.com By ticker EOD

 

* OptionVue is sold in modular fashion. Here is the price breakdown from the web site:

Base program:                          $995
Platinum STAR:                        $1,995
Portfolio module:                       FREE
BackTrader module:                  $400
Continuous Data Interface:        Not Required
Value Sheets:                           $195
Total                                        $3,585

 



Option Money
Three modules
Portfolio Gains $99.00
Option Money $299.00
Portfolio Director $599.00

Portfolio Gains
Account History
Keep an accurate History each of your account transactions.
Gain Loss Report
The Gain/Loss report shows each trade and the amount of money you made (or lost) for each position.
Position Summary
See a complete list of your all your positions, including stock, option and mutual fund positions.
Stock Trade
Easily enter your stock and option trades using our wizard.

Option Money
Adds:
Strategies
See your strategies (Bull Put Spreads, Covered Calls, Naked Puts, etc.) that make up your account.
Option Positions
See all your option positions on one screen with detail information for each position.
Create Strategy
Option Money provides an easy to use wizard to help you setup strategies such as covered calls, bull put spreads and calendar spreads.
Covered Call Chain
With our covered call option chain, you can quickly scan a list of call options for the best yields.

Portfolio Director
Adds
Position Summary
See a complete listing of all position across all account.  Sort, Group and Customize your reports to meet your specific requirements.
Portfolio Statistics
Get statistics on your portfolio trading, such as Percent of profitable trades, Average winning trade and other useful figures to help pinpoint strengths and weaknesses.
Account Transactions
Get a complete listing of all transactions across all account grouped and sorted on one report.
Position By Lots
Portfolio Director supports aggregate position view and by individual lots.  Great for managing a large amount of positions!
Equity & Index Options
If you use equity or Index options as part of your portfolio, we supply a option strategy view that supplies risk figures, yield and other important information.
Account Management
We provide an easy to use format for creating and managing your individual accounts. 

 

 


CHICAGO -- Option Wizard is a registered trademark of Sarkett & Associates, Inc. -- 1111165