by John Sweeney
Options Software International
175 E. Hawthorn Parkway, Suite 180
Vernon Hills, IL 60061
Product: Options analysis package for stocks, equity indices, convertible securities and COMEX gold.
Equipment: IBM-PC or compatible, DOS 2.0+,192K memory, two floppies or one floppy and one
Level of Analysis: Advanced
Ease of Use: A
Customer Service: B
Error Handling: A
An odd thing about many options packages is that they don't often exploit the major points in options'
favor: their flexibility. As a general rule, I believe options aren't a great deal for the investing public.
They are expensive (perhaps a reflection of the true underlying risks of the market) and commissions are
high. In their favor is their ability to manage a position as it evolves, to move the position up/down in
price or in/out in time.
Optionvue Plus, in contrast, seems designed to exploit, rather than ignore, these opportunities. Its
analytical flexibility extends across time, price and volatility — by which I mean that all three variables
are easily and conveniently manipulated.
Author Len Yates' philosophy, Succeeding with Options, Technical Analysis of Stocks & Commodities,
September and October 1986) is generally to use options' decaying value in conservative strategies which
can be expected to yield above-average returns over time, though they are not positioned for explosive
speculative gains. That philosophy is implemented in Optionvue Plus, version 1.9.