Options Online

Trader Workstation sophisticated trading technology is built by professionals for professionals, and offers significant benefits to options traders who are serious about their results. See how price improvement, lower cost, innovative technology and real-time risk management make Trader Workstation the smart choice for options traders.

 

Price Improvement

  • Based on independent measurements, the Transaction Auditing Group, Inc., (TAG), a third-party provider of transaction analysis, has determined that TWS US Options Price Improvement is 53 cents per contract better than the industry1 during the first half of 2010.
  • TWS SmartRoutingSM searches for the best price available at the time of your order, and unlike other routers, dynamically routes and re-routes all or parts of your order to achieve optimal execution.
  • To achieve price improvement on spread orders, TWS may natively route the combination, or independently route legs to the best possible venue, with TWS undertaking the risk of partially executed orders.

Premier Technology and Risk Management

  • In the case of an exchange malfunction, TWS SmartRouting AutorecoverySM re-routes your US options orders, with TWS undertaking the risk of double executions.
  • TWS supports over 40 different order types that limit risk, speed execution, improve price, provide discretion, time the market and simplify trading.
  • Trade in terms of volatility instead of price using TWS VolTrader.
  • OptionTrader provides streaming option chains, quick-click order transmission and the Greeks.
  • TWS Risk NavigatorSM provides sophisticated real-time price/risk analytics, unifying exposure across multiple asset classes around the globe.
  • Use the Model Navigator for interactive options pricing. Modify volatility, interest rates and other pricing assumptions for use in the model price calculation.
  • Real-time scanners and charts provide options industry statistics such as Volatility, Volatility Gainers, and Put/Call Ratios.
  • TWS 'sdaily Options and Futures Intelligence Report provides insight into the markets with market statistics updated hourly and analyst-composed market commentary.
  • Download our free Options Pricing Calculator and Options Strategies widgets to help with everyday trading tasks.