To
maximize options trading profits, you need to know the greeks.
The greeks are the measurements of how sensitive the price of
the option is to changes in the price of the underlying instrument,
time, interest rates, and implied volatility.
At CTCR, we have reviewed software that you can buy that will
give you this information. In fact, we will soon have reviews
of OptionVue and OptionStation.
But it is now possible to get this information for free on the
web. Just go to:
http://optionsanalysis.com/inewf.htm
This site gives the various greeks for just about every strike
and expiration for just about every futures contract.
In addition, they show where the current implied volatility is
ranking versus the history of implied volatilities. This can give
you excellent clues as to whether or not the option is cheap or
expensive.
I am so excited about this site that we are giving the site our
prestigious Editor's Choice Award. Highly recommended!
