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Option Research and Technology Services ORATS
With over 30 years of experience in option position strategy, execution, and risk management, the professionals at ORATS provide equity option research and the technology to harness it. ORATS research offers underlying volatility measurements based on tick-by-tick data as well as implied volatility surface summarizations which are performed on an extensive option quote database. Products include:
- Earnings Move Report: The goal of the Earnings Move Report is to analyze movement in stocks around earnings reporting periods by showing the expected move in a stock for the day of and after earnings. To calculate the earnings move, ORATS calculates the past moves during earnings compared to the projected normal daily move in a stock. Names on this report will report earnings in the next seven calendar days. Sample File
- ActionAlert: ActionAlert is an executable file which sits on the desktop or laptop that allows for constant updates of implied volatilities and volume information to identify option action in the market. One can monitor volatility and volume for user defined stock lists as well. Sample Snapshot
- Full Listing of Products: For a full listing of all ORATS products and data points, Please view the following file. ORATS Full Product Listing
ORATS proprietary technology uses patent pending algorithms to calculate statistical volatilities and implied volatility skew summarizations. In addition, the following tools are leveraged to uncover trading opportunities:
- TradeFinder: Ranks options by highest probability of profit.
- PressureGauge: Graphically illustrates volatility skews with net change.
- Minder/Matrix: Compares monthly ATM and ORATS volatilities.
- Hittor: Pinpoints the best equities and options to trade based on several metrics.
- ActionAlert: Searches monthly at the money implied volatilities, skew and volume information to identify where there is significant option activity.
- VolGraphor: The VolGraphor is a graphing application that allows the user to include or exclude earnings event volatility (defined as the stock movement on the day of and day after earnings are announced) from historical volatility calculations.
- NewsSpidor: News Spidor is an application that searches user-defined internet news sources for keywords or phrases.
- Vol Forecastor: This application generates GARCH volatility forecasts that match the number of trading days expected between today and the next thirteen (13) expected monthly option expirations, plus the first January expiration after that.
- IVAlert: This tool helps you find the largest IV changes across all stocks, with IV Up and IV Down movers shown on two parts of the same tool.
Options consulting services are also available to help funds with risk management and event and earnings volatility. Option strategies include: Long Straddles, Long Strangles, Short Straddles, Short Strangles, Bull Put Spreads, Bull Call Spreads, Bear Put Spreads, Bear Call Spreads, Collars, and Call Backspreads
The following are ORATS Action Alert files that can be downloaded and utilized for screens. Right mouse click and choose 'save target as'. Save the dat file into your c:\program files\orats\actionalert\data directory: DJ Stocks, ETF Listing, NASDAQ 100, Top 500 Optionable Stocks, S and P 500, S and P 600, Large Cap Type 1s, Small Cap Type 1s, Large Cap Type 4s, and Small Cap Type 4s
ORATS Website
ORATS Update 11/13/2006
Options Expiration Calendar from Market Watch
ORATS Action Alert software download