OptionVue 5 Version 1.86 is Now Available!

Upgrade to the latest version of OptionVue 5!

Keep current and enjoy a wealth of new features and upgrades.

Order online or call 1-800-733-6610 or 1-847-816-6610 to order your upgrade today!

The following feature changes, enhancements, and upgrades were made to OptionVue 5 Versions 1.85 and 1.86:

1. A new technical indicator called Average True Range was added to the Price Charts. Average True Range is a technical analysis indicator developed by J. Welles Wilder, and consists of daily trading ranges smoothed by an N-day exponential moving average. True range is simply today's high minus today's low, extended to include yesterday's closing price if it was outside of today's range. The average true range is then an N-day exponential moving average of the true range values. Wilder recommended a 14-period smoothing. The average true range is a measure of volatility, with the ranges showing the commitment or enthusiasm of traders. Large or increasing ranges suggest traders prepared to continue to bid up or sell down a stock through the course of the day. Decreasing range suggests waning interest.

2. Another new technical indicator called Relative Strength was added to the Price Charts, which allows you to see how well a given asset (the target asset) has been moving relative to another asset (the base asset). The target asset is always the asset whose price chart you are viewing. The base asset is user selectable. The program computes exponential moving averages of both the target and the base assets over time. It then computes and displays the difference between percentage changes in these two assets over a given period of time (typically 5 days). So, for example, let's say you are viewing a chart of the Russell 2000 ($RUT) and using the $SPX as the base asset. If the $RUT has moved up 2% in the past 5 days while the $SPX has gone down 1%, the current RS reading will be +3.0, indicating that the $RUT has performed 3 percentage points better than the $SPX. The RS indicator can also be used to determine the relative strength of a particular stock vs. and index. In fact, the RS indicator can be used to tell the relative strength of any kind of asset vs. another asset.

3. In the Expand window (off the Matrix), associated with the Projected Underlying field is a new field for projecting a number of days into the future. You can use the Projected Underlying field and the new T+n field to perform simple what-ifing to see how the fair value and the greeks might change for an individual option or for spreads.

4. In the Graphic Analysis, the volty used to compute the colored standard deviation bars along the bottom is now displayed in the lower left corner of the graph area. Also, we thickened the zero profit line in the Graphic Analysis in order to make it stand out better.

5. Serial options in futures based assets should come into the Matrix more automatically from now on.

6. Program installation automatically copies the User's Guide and the Getting Started Guide (pdf files) onto the customer's hard drive now -- into the Readme subfolder. In addition, the installation process asks the user if he wants desktop shortcuts installed 1) for the program, and 2) for the program manuals.

7. (Removed in version 1.86 pending further development) Rather than requiring the entire portfolio be used in HedgeFinder, you can now select certain positions and only model that portion of the portfolio in HedgeFInder.

8. Price filters are off by default from now on (for options price reception).

9. Six new foreign currency indexes -- $BPX, $CDD, $EUI, $XDB, $XDE, $YUK - need to be defined as asset type Currency in the top field in the Define form and to have an appropriate interest rate differential entered in the Interest Rate field under the Actuals tab. Changes made in this release allow you to do that.

10. The Probability Calculator has a new, better model for computing the probability of ever touching. It is a Monte Carlo approach. While this is better than the previous model, it does have some inherent inaccuracy, and you can see some variations in the results from one time to the next, even when using the very same inputs. That is because the 10,000 iterations involve random paths that the underlying might take and some inherent "clumping" is always possible.

11. Users who download the software rather than installing it from a disk no longer have to endure the various error messages the first time they start it up (because the BDB hasn't been installed yet). Instead, they will see a dialog asking them if they want to download the BDB now. After saying 'yes', the program will present the NetVue settings dialog to get the user to enter a NetVue ID and password. After that, the BDB downloads automatically and everything completes smoothly.

12. When the "Include LEAPs" checkbox in TradeFinder is not checked, the program excludes listed options that have more than one year of time remaining. This was done to help our European users and should not affect customers trading US based assets.

Keep current and enjoy a wealth of new features and upgrades. Order online or call 1-800-733-6610 or 1-847-816-6610 to order your upgrade today!

Title	Price
OptionVue 5 - Standard Edition Upgrade (to v1.86)	$295.00
OptionVue 5 - Professional Edition Upgrade (to v1.86)	$295.00
OptionVue 5 - Standard to Professional Edition Upgrade	$700.00