Press

Nasdaq Dorsey Wright Teams with OptionsPlay to Bring Options Insights to Investors

on 25 March 2019in Press

OptionsPlay will integrate directly into the Nasdaq Dorsey Wright Research Platform

NEW YORK and RICHMOND, Virginia, March 25, 2019 — Nasdaq (NDAQ) Dorsey Wright, an investment advisory, research and model portfolio business, announces it is integrating OptionsPlay, an options analysis suite for investors and traders, into its Global Research Platform. The integration will enable users of the Nasdaq Dorsey Wright Research Platform to seamlessly access options strategies on Nasdaq Dorsey Wright research and portfolios.

OptionsPlay provides analytics that enable users of varying experience levels to visualize options data and generate investment insights. It is now available to all users of the Nasdaq Dorsey Wright Research Platform, who will now be able to access educational materials and strategic insights based on the options market.

Nasdaq Dorsey Wright and OptionsPlay are working to increase volumes in the number of advisors who use options. The OptionsPlay integration into the Nasdaq Dorsey Wright Research Platform accelerates access to intuitive tools for advisors who cannot currently integrate options data into their strategies. It also educates advisors on the potential benefits of using options for clients’ portfolios.

OptionsPlay monitors equity and options positions for optimizations and can alert an advisor when there are option opportunities on their holdings. It is designed to ease an advisor’s experience with sourcing ideas from the traditional and complicated options chain and is able to scale to support hundreds of thousands of portfolios. Its integration with Nasdaq Dorsey Wright creates a single unique user experience that will further increase the advisor community’s ability to tap into this rich data for opportunities.

For more information, please contact Nasdaq Dorsey Wright here.

“The options markets provide opportunities to generate income and mitigate portfolio risk but have traditionally remained opaque to a large segment of the advisor community,” said Tony Zhang, Chief Strategist at OptionsPlay. “Integrating with Nasdaq Dorsey Wright’s Research Platform helps make options more accessible for a significant number of advisors.”

“Advisors are expanding their reach for sources of income, information and insights to serve their clients, and options can be an important key to that expanded capability,” said Jay Gragnani, Head of Research and Client Engagement at Nasdaq Dorsey Wright. “Our collaboration with OptionsPlay is instrumental in making options more accessible to the investing public as well as expanding our research offering to our clients.”

About Nasdaq: 

Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 100 marketplaces in 50 countries. Nasdaq is home to over 4,000 total listings with a market value of approximately $12 trillion. To learn more, visit http://business.nasdaq.com.

About Nasdaq Dorsey Wright

Nasdaq Dorsey Wright is a registered investment advisory firm based in Richmond, Virginia. Since 1987, Dorsey Wright has been an advisor to financial professionals on Wall Street and investment managers worldwide. Dorsey Wright offers comprehensive investment research and analysis through their Global Research Platform and provides research, modeling, and indexes which apply Dorsey Wright’s expertise in Point & Figure Relative Strength to various financial products including exchange trade funds and notes, mutual funds, UITs, structured products, and separately managed accounts. In 2015, Dorsey Wright was acquired by Nasdaq, Inc. allowing Dorsey Wright to work towards even greater innovative solutions for its clients.  As a single company, Nasdaq is one of the largest providers of Smart Beta indexes with over $50 billion in assets tracking Nasdaq Smart Beta indexes.

About OptionsPlay

OptionsPlay is a financial technology firm headquartered in Basking Ridge, New Jersey. Since 2015, OptionsPlay has led innovation to financial services, with the common goal of transforming the way investors think about trading. OptionsPlay Ideas is the first product in a suite of OptionsPlay offerings rolling out over the next year.  With the clear mission to transform the tools and techniques of Wall Street options traders into powerful and easy-to-use solutions for investors, financial institutions can implement OptionsPlay to generate new revenue and build stronger customer relationships.  For more information visit www.optionsplay.com or contact us at [email protected]

 

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

DailyPlay for Monday May 4th, 2015 – Starbucks Corporation (SBUX)

on 3 May 2015in Press

The S&P 500 (SPY) took a nice bounce off its $208.67 support level on Friday. Both 1-month and 6-month trends turn back to bullish.

The bullish DailyPlay we chose for Monday May 4th is Starbucks Corporation (SBUX). SBUX is part of the Consumer Discretionary Sector (XLY). Over the last three months, XLY has been the second best performing sector in the S&P 500. Currently, XLY’s 1-month trend is neutral and 6-month trend is bullish, as it looks positioned to move higher.

Starbucks is in a strong bullish trend with a technical score of 9. After a slight pullback to its $49.77 support level, SBUX has taken a nice bounce higher with positive momentum, which is a bullish signal.

View this trade idea on $SBUX

TradePMR Adds OptionsPlay Ideas to RIA Platform

on 5 December 2014in Press

By reducing complexity and increasing engagement, OptionsPlay® Ideas brings new trading opportunities and market transparency to TradePMR advisors and their clients 

JERSEY CITY, NJ – December 1, 2014 – TradePMR, a provider of brokerage and custody services for registered investment advisors (RIA), today announced its addition of the OptionsPlay® Ideas tool to the Fusion® Advisor Workstation, its proprietary RIA advisor platform. As the latest addition to Fusion, which houses a range of trade analytics, performance reports and cutting-edge research, OptionsPlay Ideas serves to enhance TradePMR’s suite of advisor client offerings in order to generate trade ideas, increase trade volume and improve trade performance.  

“The integration of OptionsPlay Ideas into the TradePMR Fusion platform strengthens our business model by providing our advisor clients with superior functionality in trading tools and resources,” said Robb Baldwin, Chief Executive Officer, TradePMR. “Our goal is to increase our clients’ engagement and confidence in trading, and OptionsPlay allows this to happen through its innovative use of data-driven analytics and natural language processing, which together offer an easy-to-use touch point for investors at all levels.”

“OptionsPlay Ideas is more than a trading platform,” said Mark Engelhardt, CEO, OptionsPlay. “It’s an idea generation service that provides users with the education and resources needed to not only make strategic options trades, but also understand the basis of these investment decisions. OptionsPlay Ideas presents data and market insight that together allow advisors to generate sound ideas and recommendations that drive profitable results for both their clients and themselves.”

The cost of using OptionsPlay Ideas through Fusion is $50/month, and with the service, RIAs have full access to thousands of data points and trade ideas, allowing them to effectively trade on behalf of their clients. “Everything about the platform is desirable from an advisor standpoint,” added Baldwin. “Any trader that wants to minimize risk will find that OptionsPlay reduces uncertainty by providing full transparency in options trading. Users will always be informed of the risks, rewards and probabilities associated with any given trade, thereby expanding their overall comfort level with the process.”

OptionsPlay Ideas offers access to a range of unique capabilities, including the following:

  • Daily Trade Ideas: based on objective technical equity analysis
  • Income Generator: enables investors to generate profit by leveraging their existing portfolio
  • Proprietary OptionsPlay Score: makes it simple to evaluate the risk and reward, probability of profit, and breakeven price of every trade
  • Natural Language Processing: trade signals and supporting technical data are presented in simple terms that are easy to understand
  • Trading Strategy Checklist: evaluates any stock or options order instantly, validating the strategy against complex market conditions
  • Trade Strategy Visualization: allows investors to compare any three trading strategies for any stock with ease

“OptionsPlay brings clarity to investment decisions without sacrificing the tools that our advisor clients demand,” said Baldwin. “TradePMR’s integration of this unique offering into Fusion is a result of the growing need for financial services to continue to invest in the best technologies and functionalities in order to stay ahead in today’s highly competitive market.” 

To learn more about OptionsPlay, visit www.optionsplay.com

About TradePMR

TradePMR combines innovative technology with brokerage and custodial support and services to empower independent financial advisors with the tools they need to effectively manage their businesses. TradePMR’s technology is wrapped in a premium support model designed to give advisors a comprehensive solution that complements their unique business needs. www.tradepmr.com

About OptionsPlay

Headquartered in Jersey City, NJ, OptionsPlay® is a product of Syrah Trading Technologies, a joint venture by LEAF Capital Advisors and Scivantage. The team brings a new level of innovation to financial services, with the common goal of transforming the way investors think about trading. OptionsPlay Ideas is the first product in a suite of OptionsPlay offerings rolling out over the next year.  With the clear mission to transform the tools and techniques of Wall Street options traders into powerful and easy-to-use solutions for investors, financial institutions can implement OptionsPlay Ideas to generate new revenue and build stronger customer relationships.  For more information visit www.optionsplay.com or contact us at 855-557-5297.

Options involve risk and are not suitable for all investors. Before considering any option transaction, please read Characteristics and Risks of Standardized Options.

CONTACTS

Mark Engelhardt
OptionsPlay
+1 646 452 0013
[email protected] 

Rob Dilbone
TradePMR
+1 352 332 8723, ext. 105
[email protected]

Jacqueline Gogel
Cognito
+1 646 395 6300
[email protected]

OptionsPlay Ideas Redefines Options Trading

on 16 September 2014in Press

OptionsPlay Ideas: The New Standard in Options Ideas and Analysis for Individual Investors

JERSEY CITY, NJ, September 16, 2014–OptionsPlay® redefines the options trading experience with the rollout of OptionsPlay Ideas.  Freeing options investors from the drudgery of complex calculations, OptionsPlay handles the heavy computing and delivers what investors really want—ideas they can trade with confidence.  With visual clarity and intuitive design, OptionsPlay Ideas offers suggested DailyPlays™, as well as comprehensive analysis and advice on investors’ own options ideas.

“OptionsPlay Ideas is the answer to every option trader’s dream,” said Mark Engelhardt, founder and CEO of OptionsPlay.  “No more flipping through options sites for data and ideas.  No more slogging through complex analytics to figure out the real cost, risk and potential for profit of any trade.  OptionsPlay cuts through all of that—making it easy to select, structure and evaluate a trade as fast as wondering ‘what if’.”

With its smart, intuitive interface, OptionsPlay Ideas offers a satisfying new experience for investors used to complicated options platforms that raise more questions than they answer.  Standout features valued by users include the following:

  • Strategy analysis on every trade, giving support or caution on five key market, stock and risk criteria
  • Side-by-side comparison of multiple strategies for the same underlying stock or ETF
  • OptionsPlay proprietary score—the ultimate decision-making tool—generated for every considered stock and option strategy, consolidating risk, reward and potential for profit into a single number
  • Freedom to explore alternative strategies—bullish or bearish, selling or buying, puts or calls, different strike prices and expiries, even multi-leg strategies such as butterflies, condors, backspreads and diagonals—obtaining the same analysis and guidance for every idea

“Looking for options plays, there are a lot of things you can use—quantitative analysis, historical trends, the Greeks, or you can just wing it,” said one of the prelaunch users of OptionsPlay Ideas, who was a novice at options when he started using it.  “OptionsPlay caters to the guy who doesn’t want to know how all those things work.  I pick the stock and OptionsPlay shows the plays and the scores, so I can see if there is an interesting play.” 

Feedback from testing by hundreds of options traders, from beginners to veterans, indicates that OptionsPlay delivers clear value to three types of investor.  For stock and option traders who are looking for short-term trading ideas, OptionsPlay analytics and charting provide vivid and comprehensive analysis of market trends and momentum to aid strategy selection.  For active options traders, OptionsPlay offers both DailyPlays and clear-cut analysis of the profit opportunities for any US equity.  For stockholders interested in leveraging their own holdings for additional income, OptionsPlay enables them to find optimal income strategies.  

“If you’re an options trader, you’re always looking for tools to analyze trades.  This is the best one I’ve used,“ said David Taddeo, an experienced options trader and OptionsPlay beta tester who largely trades covered calls.  “I’ve tried 30 of their DailyPlays.  Twenty-nine of them were successful.  When I do my own covered calls, I use the edit-trade function to change elements like duration and strike price until I get an 80-85 percent likelihood of success.  I go with that.”

Compared to other sources of trade ideas and other platforms for researching options strategies, OptionsPlay Ideas goes further and delivers more. The combination of professional-level analysis, trading guidance for any type of option on any equity, and a visual presentation that is simple enough for beginners and powerful enough for the most experienced investor is unique in the market—and uniquely useful to investors looking to make informed decisions on options strategies.

“OptionsPlay is easier to use and gives you better ideas than anything I’ve found on a brokerage site,” said another beta test user who took up options after he retired from banking.  “I like to load in tickers to see if they have suggestions.  I use OptionsPlay on every trade I do.”

Availability
More information and immediate access to OptionsPlay Ideas are available now at www.optionsplay.com.  Investors can test OptionsPlay free for 30 days, before signing up for the monthly $20 license.

About OptionsPlay
OptionsPlay began in 2013 with a clear mission: to pack the tools and techniques of Wall Street options traders into powerful and easy-to-use solutions for investors of all levels. OptionsPlay Ideas is the first and core product of a suite of OptionsPlay offerings, rolling out over the next year.  OptionsPlay is headquartered in Jersey City, NJ.  For more information visit www.optionsplay.com.

OptionsPlay is a registered trademark in the United States and other countries.

 

Contact
Kathleen Hawk 
Clearview Associates
Tel: 845-687-2222
[email protected]