How to Master the PowerAnalyzer  ã

By Vladimir Furman, creator of the PowerAnalyzer

Introduction

The purpose of this guide is to discuss and present easy-to-use instructions on how to perform Options technical analysis using the PowerAnalyzer, a trading tool available via paid subscription. The features that differentiate PowerAnalyzer from other options analytical software available on the market are significant.

PowerAnalyzer truly takes advantage of new Internet technology! Unlike other Windows based software it does not require installation on a designated computer. Actually, you do not even need your own computer. Whether you are at home or at work, on a business trip or on vacation, if you gain access to a computer connected to the Internet, you are in business.

Open Browser and go to PowerAnalyzer Log In page, enter your User ID and Password and PowerAnalyzer will automatically load into the memory of the computer you are using. When you complete your analysis just close your Browser and PowerAnalyzer will vanish. It is that simple! No set ups, no upgrades. Always the latest version and always ready to use!

Another great advantage that PowerAnalyzer provides is that is requires - NO MORE DATA MAINTENANCE!

  • You do not have to set up the list of symbols to download from the data vendor to maintain your own database.
  • You will have the ability to analyze a new symbol, which previously was not on your list, at any time.
  • You will no longer need to keep your historical data split adjusted in order to ensure the Statistical Volatility will be correct.
Keeping your database up to date is a full time job! Most traders cannot afford wasting their time doing this, so PowerAnalyzer is design as a MAINTENANCE FREE tool. By utilizing this new Internet technology all the busy work is handled by our staff of professional technicians. They are dedicated to providing you with easy access to the data you want to analyze.

Just enter the symbol, click the "GET DATA" button and all information, including all options available for this symbol, all historical data for the underlying stock, as well as Statistical and Implied Volatility history will load into your computer and you are ready to do your analysis!

Another advantage of PowerAnalyzer is that it is the only software that has been written in Java ã and can be used on any operating system (Mac OS, UNIX, etc.) that has Java ã enabled browsers.  This is extremely advantageous for those customers who use a non windows based PC.

To simplify the learning process I divided this manual into two parts.  Part I will show you how easy and simple it will be for you to perform options analysis for the selected underlying stock, using PowerAnalyzer. You will also find definitions of the fields that can be seen on the PowerAnalyzer screen.

Part II is for advanced users, who wants not only to understand how to perform options analysis using Power Analyzer, but also how to take advantage of the unique capability of this tool to give you a competitive advantage by pointing you in the right direction. Part II consists of the last 4 pages: Market Data, Covered Calls, Straddles, and Spreads.

There are approximately 3,000 optionable stocks, many indexes, and many futures. Every trader must determine, not how to analyze, but which security to analyze. PowerAnalyzer does this for you.

Market conditions are constantly changing and this creates certain opportunities. To spot these opportunities and take advantage of them is giving the trader a substantial competitive advantage.  PowerAnalyzer's "Market Alerts", as well as unique capability of creating your own customizable searches through 1.3 million options strategies to find the best Covered Call, Straddle or Spread, can make a difference.

The main purpose of this manual is not to give you advise on making or not making certain trades, but to show you:

  • The typical flow of trade analysis that you can perform using PowerAnalyzer.
  • How you can quantify your "Probability of Success" and "Risk/Reward ratio".
  • How you can perform "worst and best case scenarios" analysis, in order to determine what to expect from the trade, if your predictions do not materialize.
PowerAnalyzer is not providing you with financial advice.  PowerAnalyzer clients are independent, self directed traders who are not seeking recommendations from "Market Gurus", but rather doing their own research. They are looking for the Tools that will give them the competitive advantage by pointing them in the right direction and providing them with the best analytical capabilities to make their decision, before they invest their Money.

If you are the type of trader described above and are ready to learn how PowerAnalyzer can help you improve your trading, then get on board and lets start our journey!


 

Intro
How to Start
Strategies
Expected Profit/Loss
Compute the Results
Volatility
Market Alerts
Covered Calls
Straddles
Spreads
New Features:
Analysis Using Current Prices