Risk management software for options trading

[jr07]

Hi

Does anyone know of an easy to use software to use for an options based trading strategy that can allow you to calculate the impact on the portfolio of a general or individual move in an underlying of X%?

thanks
J

 

[noob_trad3r]

Calculator and a sheet of paper and pencil.

 

[lionfish42]

I noticed your email and I too was looking for Risk Management system. I am demoing Obsidian for free (they have a 14 day free trial). They have a risk management system for options as well as position analyzer. Their portfolio system also nets up positions and Greeks. So far I really like it - specially for options trading. Here is the link to the free demo: www.silexx.com

 

[jr07]

thanks

 

[psytrade]

Which broker do you have to be with to use obsidian?

Seems like the product is institutional only?

 

[lionfish42]

They list several brokerage firms and they do work with several prop firms as well.

 

[wenrick]

Before proceeding to install Best Practice Software, please ensure that your computer hardware meets some specifications. These specifications are a guide and
your requirements will vary depending on the role of the computer.