Description: Essential to the evaluation, trading, and monitoring of Covered Calls positions. In addition, this program can also be used when applying protective puts. Irreplaceable when evaluating the rolling of an open position. Complete accounting system - calculating accurate rate of return through multiple changes to any position - rolling, partial sales, additions, etc. Extensive use of the Black Shoales formula to consider hypotheticals. Includes an extensive library of stock and ETF option roots and cycles accessible using the stock ticker. Clear and concise evaluation table includes break even values, statistical probability, support and resistence levels as selected by user.
On the spot up-dated evaluations can be recalculated using the prior volatility in today's interest rate and time frame.
The Expiration Monitor will keep you abreast of option expiration dates at the days to expiration period that you choose. Clicking the stock ticker of the position nearing expiration, and Covered Calls plus is activated with that position fully loaded and ready for evaluation. Evaluation can be made using the prior volatility or by the entry of actual up to date stock and option quotes.
An onboard tutorial is accessible from numerous areas through out the program. Calling up the tutorial from particular section of the program will bring you to that same section of the tutorial.
Numerous features will help you learn more about the intricacies of options trading - from the 'Tip of the Day' to the 'Tutorial Tips', CC+ is not only a great toll, but a great teacher.
If you are trading Covered Calls without using CC+, you are not properly balancing risk to maximum profitability, so put it to work! At sixty days free, you can't go wrong.