Options simulation website or free software?

F

frank99

Hello! I have a slightly more complicated options trade that I want to place, but I want to thoroughly examine everything that can happen as the stock price moves up or down.

Does anyone know of any free webiste or software that will help? I use TOS, but can't find this feature.


Thanks,

Frank
 
Quote from frank99:

Hello! I have a slightly more complicated options trade that I want to place, but I want to thoroughly examine everything that can happen as the stock price moves up or down.

Does anyone know of any free webiste or software that will help? I use TOS, but can't find this feature.


Thanks,

Frank
More...

i think the CBOE has free software you can download..how complicated is the position??
 
Thanks for the replies! I will check out both of these sites.

The position is slightly more complicated since I haven't tried it before. If it works for me, I will post it. I want to see how the position is analyzed by the software first too. I don't want to post something and say, "hey look what I'm doing", and have it blow up on me. LOL


Frank

Quote from just21:

http://hoadley.net/options/options.htm
More...
 
MoMoney,

I'm guessing that it's there, but I just can't find it. I probably know how to use less than 10% of the features of TOS.

I want to analyze an options trade. I'm looking for something similar to the Options Analysis tools from Hoadley. I've tried installing/running, but the Macros aren't working due to security on my computer which I'm trying to fix. It also had a conflcit with my CD/DVD burner software.

If you could tell me how to do this with TOS, I'd really appreciate it.

Thanks,

Frank


Quote from momoneythansens:

Which feature is not there?
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Quote from frank99:

If you could tell me how to do this with TOS, I'd really appreciate it.
More...

Do what specifically? That's what I need to know so perhaps I can point you in the right direction.

I'm reasonably confident that what you are looking for can be achieved with the software but I'm not clear exactly what it is you're after.

If you click on the wrench (bottom right) you can adjust stock prices and vols etc.

It's well worth watching the video tutorial for the Analyze tab: http://mediaserver.thinkorswim.com/narratedTutorials/analyzetab.wmv
(86 mins)

Let me know.

MoMoney.
 
MoMoney,

Thanks so much!! I've downloaded and I'm about 12 minutes into the video. This is what I was looking for. I've seen the Analyze Tab on TOS, but didn't know what to do.

I'll let you know for certain if this takes care of what I wanted to do - so far it looks like it is going to help.


Thanks again,


Frank


Quote from momoneythansens:

Do what specifically? That's what I need to know so perhaps I can point you in the right direction.

I'm reasonably confident that what you are looking for can be achieved with the software but I'm not clear exactly what it is you're after.

If you click on the wrench (bottom right) you can adjust stock prices and vols etc.

It's well worth watching the video tutorial for the Analyze tab: http://mediaserver.thinkorswim.com/narratedTutorials/analyzetab.wmv
(86 mins)

Let me know.

MoMoney.
More...
 
Quote from frank99:

Hello! I have a slightly more complicated options trade that I want to place, but I want to thoroughly examine everything that can happen as the stock price moves up or down.

Does anyone know of any free webiste or software that will help? I use TOS, but can't find this feature.


Thanks,

Frank
More...

You can do virtually everything in TOS on Analyze tab. Anything that can't be done directly can be achieved with a little imagination (i.e. creative use of existing tools).
 
You can also use the Theo feature to change days & price of the position, then check out the theo premium to get a better feel of the change.

If you still have question, u can always ask with TOS online support chat or call them.
 
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