Ideal Options Platform and Feedback for Basic Call Strategy

JackRab said:
IMO, the best way to go at it is by doing some research on historical vols and estimating what the 'correct' IV would be and price of that. Basically use your own pricing/modelling. Isn't really that hard to do. I just use excel with manual inputs, but even realtime is easy to implement.
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That makes a lot of sense. Thank you for your suggestion.

Regards,
 
TraderZz said:
Jack: Get what you're saying on options. Same as with the underlying, although I've found as long as I'm trading under the size on the bid and ask, I can almost always get filled immediately going 75% to the ask with a limit.

Any thoughts again though on the platform? Google has yielded me no results. Might just do a cold call of all options brokers and see if the reps have answers.
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It makes sense that you would get filled, since you just pay the offer. But when there's a b/a-spread of $2, do you really want to cross it and pay the offer immediately? You should try to get a better fill first.

There's no platform that does what you want it to do I think. What you are looking for, is basically a comparison of prices between the current prices at current spot... and future price at projected spot. To get to that future price is simple, you just re-calc the options price with a different DTE and different spot. The only thing you do not know is what the IV will be, but you can make assumptions about that and incorporate that as well.

Just google for black and scholes excel calculator... that will get you started.
 
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