To clarify, yes you can analyse Australian options in VectorVest. There are not as many options as the US (over 2,000) and not always the liquidity – but there is certainly a handful of options in Australia worth considering.
I have put together a brief video showing some of the capability of Options Analyser. In this video – I have demonstrated how to analyse a call option – giving you the right but not the obligation to purchase a set quantity of shares at a given price at by a given date.
Once you learn more about options, there are some brilliant options trades you can consider such
- Covered Calls
- Naked Puts
- Spreads (Calls and Puts)
For me, the way I learnt – I mastered one trade (the covered call) and then to moved on and mastered another type (the Naked Put). You don’t need to know all the types of options trades out there – often 1 or 2 options trades is all you need to bolster your portfolio returns.
CLICK HERE to see quick demo on options analyzer.