The options tool of choice among traders and investors around the world.
$299 -- best value for options scan capability Free trial $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. $3,585* $995 - $1,495 (RT) No trial
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
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
Real time or delay
tradestation.com
By list
RT, Delay, EOD
OptionVue
300+
Steep
Special vocabulary
Real time or delay
optionvue.com
By list
RT, Delay, EOD
Option Pro
300+ pdf on CD
Average
Real time or delay
essextrading.com
By list
RT, Delay, EOD
OptionMoney
web
Average
$99-$599
no scan capabilityNo
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.

