Comments on: Lions, and tigers and no option symbols! Oh My! http://blog.poweropt.com/2010/01/20/lions-and-tigers-and-no-option-symbols-oh-my/ PowerOptions offers you tools and education to automatically sort, filter, and analyze all 3,800+ optionable stocks and 475,000+ options online. Fri, 11 Nov 2011 18:08:38 +0000 hourly 1 http://wordpress.org/?v=3.1.4 By: Mike Phillips http://blog.poweropt.com/2010/01/20/lions-and-tigers-and-no-option-symbols-oh-my/#comment-299688 Mike Phillips Wed, 17 Feb 2010 16:32:19 +0000 http://blog.poweropt.com/?p=787#comment-299688 Mark Some brokers are still using the old root symbols. The old roots will eventually expire and the new symbol roots will be used. So eventually the root for Intel will be "INTC". Mike Phillips Mark

Some brokers are still using the old root symbols. The old roots will eventually expire and the new symbol roots will be used. So eventually the root for Intel will be “INTC”.

Mike Phillips

]]> By: Mike Phillips http://blog.poweropt.com/2010/01/20/lions-and-tigers-and-no-option-symbols-oh-my/#comment-299684 Mike Phillips Wed, 17 Feb 2010 16:22:40 +0000 http://blog.poweropt.com/?p=787#comment-299684 Mark We provide an option symbol for Fidelity and Schwab. You can access the option symbol from the option chain by selecting the More Info button, then Research. You can access the option symbol form the search tool by selecting the More Info button, then Research, then Option Detail. The symbols are displayed at the top and to the left of the table. Mike Phillips Mark

We provide an option symbol for Fidelity and Schwab.

You can access the option symbol from the option chain by selecting the More Info button, then Research.

You can access the option symbol form the search tool by selecting the More Info button, then Research, then Option Detail.

The symbols are displayed at the top and to the left of the table.

Mike Phillips

]]> By: Mark Fields http://blog.poweropt.com/2010/01/20/lions-and-tigers-and-no-option-symbols-oh-my/#comment-299534 Mark Fields Tue, 16 Feb 2010 15:51:57 +0000 http://blog.poweropt.com/?p=787#comment-299534 Fidelity doesn't even use the old "INTC" root. It uses NQ! Fidelity doesn’t even use the old “INTC” root. It uses NQ!

]]> By: Mark Fields http://blog.poweropt.com/2010/01/20/lions-and-tigers-and-no-option-symbols-oh-my/#comment-299530 Mark Fields Tue, 16 Feb 2010 15:45:03 +0000 http://blog.poweropt.com/?p=787#comment-299530 So, instead of taking your best shot at presenting the new format as best you can, you've decided to take the easy way out and not provide a symbol at all? Does that make sense? Fidelity, for example, uses your example: NQ100220C20 for the feb 20 call. Why not at least attempt to provide a framework for the symbol. When there's a minute left in the trading day, I don't want to have to try to put together a symbol to trade. There's just no time! That's why your service is worth $80.00 a month to me. I can get all the research for free on the net! Mark Fields So, instead of taking your best shot at presenting the new format as best you can, you’ve decided to take the easy way out and not provide a symbol at all?
Does that make sense? Fidelity, for example, uses your example:
NQ100220C20 for the feb 20 call. Why not at least attempt to provide a framework for the symbol. When there’s a minute left in the trading day, I don’t want to have to try to put together a symbol to trade. There’s just no
time! That’s why your service is worth $80.00 a month to me. I can get all the research for free on the net!

Mark Fields

]]> By: Greg Zerenner http://blog.poweropt.com/2010/01/20/lions-and-tigers-and-no-option-symbols-oh-my/#comment-298326 Greg Zerenner Wed, 10 Feb 2010 03:18:33 +0000 http://blog.poweropt.com/?p=787#comment-298326 We are scheduling some site downtime for Thurs. Feb. 11th so we can update for the OSI. Expected downtime is about 1 to 2 hours and will begin after 5pm Eastern so no market hours will be lost. We are scheduling some site downtime for Thurs. Feb. 11th so we can update for the OSI. Expected downtime is about 1 to 2 hours and will begin after 5pm Eastern so no market hours will be lost.

]]> By: Greg Zerenner http://blog.poweropt.com/2010/01/20/lions-and-tigers-and-no-option-symbols-oh-my/#comment-296128 Greg Zerenner Wed, 27 Jan 2010 15:55:44 +0000 http://blog.poweropt.com/?p=787#comment-296128 So far, it appears that each broker is coming up with their own "symbol" to show their clients. Also, only Schwab and Fidelity appear to offer a choice for clients to actually type or paste a "symbol" into a trade or watchlist screen. Otherwise, all of the other online brokers we have examined are offering a method for finding options like what we are offering. That is, a user interface that is much like an Options Chain so the user can easily click the desired option, rather than entering a symbol. As each broker makes their standard available, we will try to show that standard format on the Option Detail page of PowerOptions. So, if a subscriber really prefers to have a "symbol" they can copy and paste, they can, but again, the standard seems to be focused around a graphical interface to "click" an option for trading, rather than entering a symbol like before. So far, it appears that each broker is coming up with their own “symbol” to show their clients. Also, only Schwab and Fidelity appear to offer a choice for clients to actually type or paste a “symbol” into a trade or watchlist screen. Otherwise, all of the other online brokers we have examined are offering a method for finding options like what we are offering. That is, a user interface that is much like an Options Chain so the user can easily click the desired option, rather than entering a symbol.

As each broker makes their standard available, we will try to show that standard format on the Option Detail page of PowerOptions. So, if a subscriber really prefers to have a “symbol” they can copy and paste, they can, but again, the standard seems to be focused around a graphical interface to “click” an option for trading, rather than entering a symbol like before.

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