IB Probability Lab for Android

Used IB Probability Lab for Android?

Developer’s Description

Offers a practical way to think about options without complicated mathematics.

The IB Probability Lab(sm) offers a practical way to think about options without the complicated mathematics. The IB Probability Lab displays the Probability Distribution for any market, which translates investors' current conviction over certain outcomes. Interact with the tool to create your own forecast, and discover option trading strategies with the highest risk-adjusted return for this forecast.The IB Probability Lab offers a unique display for experienced option traders and novices alike to see exactly how option market predictions are shaping-up over time for any given stock, index or futures symbol. Many investors have avoided the option market because of its highly-mathematical characteristics. But with the IB Probability Lab we break down all of the complexities typically associated with the market for options, allowing investors to visualize the forecast associated with present option pricing.In turn, the IB Probability Lab allows investors to plot their own price forecast making it easier to generate appropriate risk-adjusted strategies that suit their customized forecasts.The IB Probability Lab App is a free resource for investors to use on their Smartphones. When you open an account with Interactive Brokers you will also find plenty of other helpful stock scanners and option trading tools including the IB Option Strategy Scanner and the IB Volatility Lab. Interactive Brokers offers investors low-cost access to stocks, options, futures, forex, bonds and funds across global exchanges through its award-winning trading platform. Barrons has ranked Interactive Brokers its Lowest-Cost broker for the past 10 years[1], while IB has been awarded Best Online Broker for three-years straight by Barron's 2014[2]. Our proprietary software and direct market access appeals to sophisticated traders with an eye for value. IBs SmartRouting technology searches for the best price available at the time of your order and dynamically routes and re-routes all or parts of your order to achieve optimal execution. -------Interactive Brokers LLC is a member of NYSE/FINRA/SIPC. Probability Lab (Patent Pending). Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations. Supporting documentation for any claims and statistical information will be provided upon request. Options involve risk and are not suitable for all investors. For more information read the Characteristics and Risks of Standardized Options. For a copy visit Interactivebrokers.com/disclosures or call 312 542-6901. [1] For more information on low cost rating, see http://www.ibkr.com/compare. [2] For more information on Best Online Broker, see http://www.ibkr.com/awardsRecent changes:Stability issues fixesContent rating: Low Maturity