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RE: OptionStation


  • To: "Omegalist" <omega-list@xxxxxxxxxx>
  • Subject: RE: OptionStation
  • From: "cwest" <cwest@xxxxxxxxxxxx>
  • Date: Thu, 22 Aug 2002 22:35:35 -0700
  • In-reply-to: <F3fwfbMECnVbIMNanM500023949@xxxxxxxxxxx>

PureBytes Links

Trading Reference Links

I do my options in a spreadsheet. The strategies aren't intraday. Intraday
data is too far off the mark to be useful. Slippage is still so much to the
floor's benefit, that intraday options trading isn't a realty, imo.

<snip>

 -----Original Message-----
From: 	Mark Williams [mailto:mr_williams79@xxxxxxxxxxx]
Sent:	Thursday, August 22, 2002 10:48 AM
To:	cwest@xxxxxxxxxxxx
Subject:	RE: OptionStation

Hi Cwest,I looked at Tradestation7 and like you say it doesnt contain an
options module.Do you do all your Option strategy calculations manually.The
software you tested last year which costs25k was it for very short term
Option Trading or longer term trading,

                     Regards Mark


>From: "cwest" <cwest@xxxxxxxxxxxx>
>To: "Mark Williams" <mr_williams79@xxxxxxxxxxx>
>Subject: RE: OptionStation
>Date: Thu, 22 Aug 2002 10:42:07 -0600
>
>Mark, I'd like to keep this on the list to see what others might say, if
>you
>don't mind. As I recall OptionStation from a few years ago, it's probably
>the most buggy app around. Not at any price would you own it, imo. Omega
>just can't do options software. Not even the upcoming TS 7 release contains
>an options module.
>
>I've yet to come across any options software that's worth using and can't
>recommend anything. I even tried a package from NY about a year ago, can't
>remember the name at the moment, but it crashed all day even though it cost
>$25K or thereabouts. I have some very attractive option strategies, but
>they're more or less dormant until there's a real-world package available.
>Options software is beyond what I could write (in this lifetime at least),
>but I could sure spec it.
>
><snip>
>Hi Cwest,Thanks for your reply.I have the chance of buying it at a good
>price and I have heard that it is a good peice of software,can you
>recommend
>another options trading software that is better,
>
>                  Regards Mark
>
>
> >From: "cwest" <cwest@xxxxxxxxxxxx>
> >To: "Mark Williams" <mr_williams79@xxxxxxxxxxx>,<omega-list@xxxxxxxxxx>
> >Subject: RE: OptionStation
> >Date: Thu, 22 Aug 2002 10:26:33 -0600
> >
> >Well, I have to ask. Mark, why do you want to buy or choose
>OptionStation?
> >
> ><snip>
> >I am thinking about buying a second hand version of Optionstation and
>would
> >to know what companys supply end of day and real time option data for the
> >american equity markets,replys much appreciated,
> >
> >Mark