What is OptionGrid?

If you are a covered call investor, you want answers to these questions:

Which stock is currently offering the best return for a covered call write?

What strike price and expiration date should I select when I write a covered call?

What is my annualized return on a covered call position if the stock is called away, not called away, or remains unchanged?

What is my downside protection if I write a covered call?

OptionGrid is a financial data-mining application designed to research, screen, and compare covered call option positions. OptionGrid downloads free, 20-minute delayed quote data from the Internet, and it performs a variety of calculations using that data, including annualized returns and downside protection.

What can OptionGrid do?

OptionGrid provides powerful filtering and sorting capabilities to locate the best possible covered call positions from a portfolio of stocks. Additionally, the software calculates potential returns using an investors own cost basis and share counts in a stock. Other features include quick data export to applications like Microsoft Excel and integrated access to 3rd party websites for information like charts, news, and analysis.

Who should use OptionGrid?

OptionGrid is designed for options investors who want quick, accurate evaluations of covered calls. The software is targeted to a wide range of investors, from the beginner who is just learning about covered calls to the advanced call writer who maintains a large portfolio of covered calls.