INSTITUTE OF INFORMATION TECHNOLOGIES - BAS

Cybernetics and Information Technologies
Volume 1, No 2. Sofia, 2001, Bulgarian Academy of Sciences


Software Programs and Problems at Investing with Options

Ivan Popchev, Nadia Velinova
Institute of Information Technologies, 1113 Sofia

Abstract: Today's financial world is complicated. It is an indisputable fact that derivative securities form part of the essential landscape of managerial financial education. Options are widely used for this purpose in the portfolios of endowment funds, pension funds, and individuals.
A combination of powerful but inexpensive personal computers, the availability of financial information on the Internet, and online discount brokers has made it very attractive for individuals to do their own analysis and investing. The famous software products for solving the financial problems at investing with options are: MATLAB ®, Peter Hoadley's Options Strategy Analysis Tools, SmartPortfolio, The NumeriX Toolkit, Opti-Template Analysis & Pricing, Variance-covariance VaR with VaRworks, @RISK .