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Re: OptionStation Question



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Rod, take a hint from Mark Brown.<g> Ted Reback's response to his post to
this list dated January '98 follows.



-----Original Message-----
From: rod wheeler <qtp@xxxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: 12 March 1998 22:20
Subject: OptionStation Question


>I run TS 4.0 build 20 in a P166.  I am considering the purchase of
>OptionStation.
>
>Does anyone have experience with OptionStation that they could share?  In
>addition to specific experience with OptionStation, I would also be
>interested in comparative experience with other option programs.
>
>Thanx in advance
>Rod
>

-----Original Message to Omega-list in January -------
From: Ted Reback <treback@xxxxxxx>
To: MarkBrown@xxxxxxxxxxxxx <MarkBrown@xxxxxxxxxxxxx>
Cc: Omega-List <omega-list@xxxxxxxxxx>; Rudi Binnewies <rudi@xxxxxxxxx>
Date: 25 January 1998 20:42
Subject: Re: OptionStation Replacement?


I've been using this software for over a year and, in my opinion, option
station will
not even come close by version 8. There is a new version 3 of Option
Simulator that
allows real time graphing of user defined symbols, output of all variables
to an Excel
worksheet for further analysis (in the rare event it may be required - say
for example
ratio spreads or a weighted composite risk/reward analysis) and much more
extensive
scanning of current and historical data on every single option and symbol
traded. This
software was developed and upgraded by a former option market maker with
significant
input from real option traders. IT IS NOT MARKETING HYPE !!! TRY IT AND
COMPARE TO
ANYTHING ELSE AVAILABLE CURRENTLY OR IN THE FORSEEABLE FUTURE.

Ted Reback

MarkBrown@xxxxxxxxxxxxx wrote:

> http://www.bayoptions.com/
>
> Yet another post by me the Mark Brown defender of up starting software
> vendors who are doing a good job. I downloaded this Option software and
> the Universal Server thursday night. Within 10 minutes I was looking at a
very
> neat Option Program. I loved the ability to get the Span margin on the
option
> quotes as well as listing the calls and puts side by side. It is a very
neat program
> and will being hooked up to that incredible Universal Server! Any symbol
you
> want is there just punch in the underlying symbol and the options just
spill in.
> Beats the hell out of OptionStation! But there again the OS 5.0 will be
out soon
> and I'm told with vast improvements... So that may put it in this
software's league!
> We''ll see I have been promised the beta of OS 5.0 soon also? Hell I may
start
> a software review business. hee! hee! : -)     Mark editor of BSExpress
>
> --
>     ***   Mark Brown's The Traders Network
>     ***   http://www.markbrown.com
>     ***   TPO Pro5.0 Using CBOT Market Profile
>     ***   http://www.markbrown.com/profile.htm