Optionomics OnLine System - Technical Analysis, Inc.
Optionomics OnLine is a package of programs for realtime analysis of futures,
options on futures and options on stocks. It offers risk analysis and portfolio
management of simple and complex portfolios of multiple contracts.
In the past, the power to be found in the options analytical software offered by Optionomics Corp. had sometimes
been out of reach to the typical broker, retail trader and even many institutional accounts. Signing up with
Optionomics meant a commitment of $10,000 to $15,000 a year, meaning you'd better be trading some very large
numbers to make it worth the investment.
Recently, though, Optionomics president and founder Scott Gordon was able to forge a new alternative: Optionomics
customers can now receive "refreshed" data updates (as opposed to dynamic data updates) on a dial-in basis for
options analysis. The result is that you can now use Optionomics with real-time data from the Chicago Board of
Trade (CBOT) or the Chicago Mercantile Exchange (CME) for between $250 to $500 per month, depending on the
package you choose. You can use the program with delayed data from other exchanges as well.
The technology employed in the Optionomics OnLine System is unique, relying on an intricate interaction between
programs and modes on your machine with data and processing on the Optionomics network system.
The price of Optionomics OnLine is certainly lower than previous program versions, and it can compete with
packages with a higher initial cost (such as from $500 to $1,250) but with lower monthly operation costs, which
amount mostly to exchange fees. The target market for the latest Optionomics package is traders and part-time
hedgers who perhaps couldn't justify the cost of previous versions.