Join Us for a Free Webinar: Introduction to Option Workbench 3.0

By Craig Hilsenrath

We are excited to announce the release of Option Workbench 3.0 on February 15th, 2014. I will be giving live demonstrations at the New York Trader's Expo in the McMillan Analysis booth (#5409) in the exhibit hall located on the 5th floor from February 16th through February 18th.

Version 3.0 introduces the new BrokerLink feature. With BrokerLink, Option Workbench users can retrieve live, real-time market data and execute trades with select brokers. Option Workbench 3.0 also includes new position and portfolio management tools specialized for option traders.

About The Webinar

The process of trading options, or any asset, can be categorized into three main activities. The first step in establishing a position is discovery. A trader needs to find an opportunity, compare the strategies that may be used to take advantage of that opportunity and analyze the risks associated with each alternative. Once an opportunity is discovered a trader must execute the trades needed to establish the position. Depending on the complexity of that position, one or more orders need to be submitted to a broker and monitored. Once established, an option position usually requires more attention than a simple equity or future position.

This presentation will demonstrate how Option Workbench can be used to simplify this process for option traders. We will follow the process from discovery to execution to management and show how the three activities are actually iterative for most option positions.