Analyzing Weekly/Monthly Spreads

[kalikahuna]

So...Optionsxpress's trade calculator does not recognize different expiration dates between weeklys and monthlys...so, if I try to set up a diagonal spread between a weekly and a monthly, it just tells me I'm setting up a no-profit debit vertical spread.


Anyone know if there are other trade calc's I can use that will recognize that weekly's expire while the monthly still have significant value?

 

[momoneythansens]

Not being facetious but the thinkorswim desktop software analytics/analysis excels in these kinds of situations. It is the attention to detail.

Other than thinkorswim, the usual suspects apply e.g. Hoadley.

The calculator at 888options does not support weeklies IIRC, check it out.

MoMoney.

Quote from kalikahuna:

So...Optionsxpress's trade calculator does not recognize different expiration dates between weeklys and monthlys...so, if I try to set up a diagonal spread between a weekly and a monthly, it just tells me I'm setting up a no-profit debit vertical spread.


Anyone know if there are other trade calc's I can use that will recognize that weekly's expire while the monthly still have significant value?

 

[kalikahuna]

you think optionsxpress will update their program if I IM them that TOS can do it?

 

[jllm03]

Options Edge has an Excel Options calculator that works fairly well...plus it is FREE.
http://www.oedge.com/

You can do most option setups by just manually entering in prices, expriarions, etc.

 

[momoneythansens]

Quote from kalikahuna:

you think optionsxpress will update their program if I IM them that TOS can do it?

It can't hurt to try.