OptionVue 5 Can Create/Test Options Trading Strategies

OptionVue Systems International Inc announces the release of OptionVue 5 version 1.50. This latest upgrade to the leading options analysis software package includes thirteen enhancements that make for faster, easier and more effective options trading. Included among the enhancements are "BackTrader," an optional module that allows traders to create and test different trading strategies using past, real-world market data, and "Beta/Delta Base," a tool for hedging a portfolio using a number of popular stock index options.

The "BackTrader" module works in conjunction with a new historical data and quotes archive, and literally rolls-back the clock to provide actual historical options data, charts and other market information for a selected date and time in the past. The user can then apply favorite or new options trading strategies, move the clock forward in 30-minute increments or day-by-day, and observe exactly how a strategy would have played out over any length of time. Says Len Yates, company CEO and creator of OptionVue 5 software, "'BackTrader' allows a trader to learn, practice and test trading strategies without risk. In a single evening of 'paper trading' versus months of real-time experimentation, a trader can gain experience, sharpen trading skills, and get a real feel for how market moves are likely to affect trading strategies over time."

Also new to OptionVue 5 is "Beta/Delta Base." It provides a list of popular stock indexes that users might find appropriate for hedging their portfolio, and a function that helps determine the "beta" of an open position and the required "delta" position in stock index options needed to hedge the open position. Len Yates explains: "Suppose you want to hedge 1,000 shares of XYZ Technologies, which has a beta of 1.10. You decide to hedge with the Nasdaq 100 (QQQ) index because of its heavy emphasis on technology stocks. 'Beta/Delta Base' starts with 1000 delta units of XYZ, adjusts to 1,100 delta units because of the 1.10 beta, then multiplies by the price of XYZ stock and divides by the QQQ share price. Let's say the result is +308, which means your stock position is equivalent to 308 deltas of QQQ. To hedge your XYZ stock position, you'd use OptionVue 5's powerful analytical tools to find a QQQ options position that gives you a delta of approximately -308."

In addition to the separate "BackTrader" module and "Beta/Delta Base," OptionVue 5 version 1.50 adds many other new features and enhancements that increase the software's versatility, performance and ease of use. They include:

• Put/Call ratio charts that display historical option volume data, provide users with a flexible way of defining moving averages, and signal buy and sell points.
• The ability to export screen data such as transaction logs, account status, and non-graphical analysis into tables and spreadsheet programs such as Microsoft Excel.
• The Yates Break Search stock timing feature that hunts for and lists all stocks exhibiting the characteristics that may presage a drop in price.

Providing a complete system for options trading, including quotes retrieval, analysis, and record-keeping, OptionVue 5 software meets the analytical needs of options traders at every experience level. The program's unique Graphic Analysis tool, for example, uses performance graphs to help beginning traders instantly see and understand an investment's potential risks and rewards simultaneously. More experienced traders can easily superimpose risk graphs to analyze multiple trades. Additionally, the program allows novices to easily test "what-if" scenarios, while providing experienced traders with the power to analyze advanced spread trading strategies.

OptionVue 5 version 1.50 is now available for a 30-day trial. A fully featured trial package may be ordered for $49 directly from OptionVue Systems International via its Web site www.optionvue.com or toll-free phone 800-733-6610.

OptionVue Systems International Inc is a leading developer and marketer of options analysis software. Its mission is to provide robust, intelligent and intuitive programming; user-friendly graphical interfaces; and comprehensive support for traders of every experience level. In addition to OptionVue 5 for individual investors, the company supplies professional options traders with its OptionVue 5 Professional Edition risk management software, consulting services, and Web-based analytical tool development. For more information, contact Mr. Tom Heffernan, Director of Marketing, OptionVue Systems International, 847-816-6610.