Option Simulator/Real-Time By John Sweeney
Option Simulator/Real-Time from Bay Options automatically finds the best
options positions and estimates volatility skew, implied and historical
In 1992, STOCKS & COMMODITIES reviewed with accolades Bay Options' Option Simulator program. In 1995, with the latest program version, the news gets even better: Option Simulator/Real-Time adds a
real-time data hook to constantly upgrade the analytics. Bay Options was able to append that previously
missing feature by using Data Broadcasting Corp.'s Signal for Windows product as a data server. However,
Option Simulator/Real-Time can still be used without external data or with data from a database.
At Bay Options, president Rudi Binnewies's goal has been to get sophisticated real-time options analytics into
the hands of retail traders for a reasonable price, and he's succeeded. In addition, he's included historical data
to the package, tying index options to a futures contract (with a fixed basis). He's added the display of
LEAPSİ as well as regular options. So how do the features stack up?