iVerit Inc. today announced the launch of Option Chain and Option Exchange Market Data, the first suite of apps for the iPhone® and iPad® that offers mobile access to real-time equity options market data and risk analytics.
Providing brokers, professionals and investors with freedom from their desks, Option Chain and Option Exchange MD are powered by QuoteMedia's proprietary market data feeds with U.S. options prices referenced to the Option Price Reporting Authority (OPRA).
Option Chain is a real-time options market monitor with customized column displays, providing a personalized and richer user experience to select, change and update data as needed. Option Exchange MD's options market valuation model provides reliable financial market data and enables users to easily monitor calls and puts.
Users can utilize both apps for free and receive professional quality intraday data with the same desktop experience now on an iPhone. With a monthly subscription, users can access 'tick by tick' data, independent of being locked into a specific brokerage account. These new native iOS apps deliver real-time market data now with the freedom to be away from the desk at a client luncheon, business meeting or heading to the airport.
Additional features include:
Ticker Symbol Lookup: Users enter the ticker symbol once for the underlying asset they want to monitor, and it will automatically be added to their list of bookmarked underlyings for future reference.
Risk Analytics: The apps can provide users with access to implied volatility information as well as access to the measurements of risk, "the Greeks," including Delta, Gamma, Vega, Theta and Rho.
Strikes: The ability to open to the nearest at-the-money available strikes. To navigate to other strikes, users simply flick with a finger motion up or down on the screen and scroll through the expiry's chain. Option Exchange MD shows all the risk calculations on a single screen.