Option combination analysis-optoppn oracle-does it work?

#1
Hi option experts

I have seen many option specialists that have no payoff diagram or strategy testing before they jump into market.
Simply put they have no what if analysis.

This is the way to go towards account blowout fast.

options data for charts
----------------------------------
It is a difficult thing.
can we import data from nse option chain into excel etc?
There are no online option charts readily found on net.
Say a tradEr wants to plot 6500PE and 6100CE ON A CHART.
How do they get the chart?in Amibroker.
One hint is possibly trade a relative strength of option based on nifty futures index-this can be done in amibroker.
Plotting RS of 6100CE AND 6500PE on same chart as comparative relstrength can help track option based on nifty futures.
NSE optiondata is available from globaldatafeeds.in at a whopping rate of 1690 per month or so.So expensive that nse wants good share of data.
----------------------------------------------------------------------------------------------------
Is NSE MODERN ENOUGH?
NO THEY ARE IN STONE AGE.


Ask me do thEy have a AUTOTRAILING STOP? NO MAY BE AFTER 10 MORE YEARS.
DO THEY HAVE A ONCE CANCEL OTHER OCO order facility? NO, it needs another 20 years under able guidance of our sleEping financial mechanisms.

I observe options but dont trade them.
A friend of mine asked me about two tools.
Option oracle
Hoadley option tool


I heard ICICIDIRECT has a feature for option trade composing for its members- no idea if it is really good helpto draw pay off diagrams etc.
As a software thinkorswim has great option tools but possibly it doesnt work for nse optionanalysis.
A trading system called tradingpro.com seems to give some collected info on how to go on thinkorswim.
Any experienced users with this?

I installed option oracle and cant figure out how I works etc.
I downloaded strategy tester as well.
the NSE option chain data doesnt seem to come into the charts.


Is something missing apart from Nsedynamic server1 gone to sleep & DEAD? Of course we can lineup usa server but that fails to help.

please share some info links on this
It is piTy that indian finAnce ministry- was is and will be= in hurry to introduce more tAxes to screw the ALREADY LOOSING traders but has no interest to see better facilities are provided on NSE. WAKE UP NSE WAKE UP.
Oh Harvard !!!!!!!!!!!!!!why do you produce guys that destroy their own countrys finances & traders burden them more n more?

SHARE OTHER THINGS YOU FIND MISSING ON NSE.


thanks
ford
 
Last edited:
#4
if u r understand option strategy well then no need any software , just excel based option tool is enough....
s, nse option data(chain) will download to excel sheet without issues...

happy trading...
 

Similar threads