Tools

OptionsORACLE – Stock Options Analysis Tool


Courtesy : Mr.Mohit  and Mr.Rajendran ( marketcalls.in)



OptionsOracle is a free tool for stock options strategy analysis. It is a powerful tool that allows testing of different options strategies using real-time options & stock-market information. The tool provides an easy interface to build a stock/options position, and then test it using graphs and analytic analysis tools.

OptionsOracle is simple to use tool, that includes build in tutorial. After entering the stock symbol the software will automatically download the real-time information of the stock and its options. Next, using either the wizard with the pre-configured template, or using the manual setting, the tested position is built. Last the analysis tools will provide information about the position gain/loss given the stock price and time, enabling you to better understand the position.
It is simply the best free options analysis tool, that gives you all you need – options strategies analysis, options screener, volatility analyzer, greeks calculator, and portfolio manager.
Step to Install
1)Download the Working Copy of Option Oracle
2)Unzip to Local Folder and Open the OptionsOracle.exe file (no need to install it)
3)Goto Config Tab and Set the Plugin for NSE as shown below
Option Oracle Config 1
4)Now type the Option symbol in the symbol box and press ENTER. Now the option data get downloaded from the NSE india website. Sample NIFTY option data shown
Option Oracle Config 2
5)Sample Option Pain Screen shot for NIFTY
Option Pain for Nifty
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NSE Option Calculator