V. 11:14 (571-572): Option Pro Version 1.0 John Sweeney

V. 11:14 (571-572): Option Pro Version 1.0 John Sweeney
Item# \V11\C14\PR571.PDF
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Product Description

Option Pro Version 1.0

óJohn Sweeney, Technical Editor


24 West 500 Maple Avenue, suite 108

Naperville, IL 60540

800-726-2140, 708-416-3530

Product: Options evaluation package with trading signals for the OEX.

PRICE: $795.Tradefinder: $195.Demo: $79.

Equipment: IBM compatible; DOS 3.0 or higher; Windows 3.1 (OS/2.1 if Windows is to be run under OS/2); 1.7 megabytes on hard drive; 2 megabytes of RAM; VGA/EGA/ CGA or Hercules graphics; mouse.

Say, want a fast options trading program with a good OEX track record? Want something that can help you analyze new options positions? Essex, better known for trading systems on currencies and financials, has come up with Option Pro, a slick Windows 3.1 (not 3.0) program that meets these needs.

I found Option Pro to be very quick, at least on a Dell 486/33. Daily signals (Figure 1) took maybe five seconds; five years' historical analysis took 11 seconds (Figure 2). In fact, it's so simple to nun and so fast there's a sense of anti-climax. I found myself popping menus looking for something to do!

In the process, I found you could make nice graphs (Figure 3) with TRIN included. You could update your data (OEX and TRIN) from any of six sources (Figure 4), including Signal's real-time datafeed, or you could enter five numbers a day manually. You could print out voluminous reports on every conceivable weirdly named position, reports you can carry with you during the day when you're away from your machine. What the hey: Option Pro will even calculate TRIN for you if you can 't find it in your daily newspaper.

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