Announcing the Elliott Wave Option Workup Tool

Announcing the VIX and Index/Sector Trading Elliott Wave Option Workup Tool!

Those in the VIX and Index/Sector Trading Service have seen Mark and me use an Excel-based option workup tool for many years to help identify the best option strike and expiration for a given Elliott Wave setup. I originally developed this tool because I could not find one that provided multiple targets while displaying various option strikes and expiration dates in a clean, easy-to-read format, allowing for quick selection of the optimal strike and expiration that was based specifically for Elliott Wave Setups. Over the years, our Elliott Wave analysis, combined with this tool, has helped us present setups to members that have proven to be quite profitable.

After many years of development, we are now offering this option workup tool to all members of the VIX and Index/Sector Trading Service in an online format. This will allow members to find their own opportunities using the same methodology we have developed over the years here in the VIX and Index/Sector Trading Service, whether applied to any Elliott Wave setup presented in analyses across our many services or to their own Elliott Wave or other technical analysis.

The tool is very simple to use, and I will review its functionality in more detail in Monday’s video, and we will also post a full educational article covering its use in the coming days. In the meantime, please feel free to give the tool a test run, and it can be found in the VIX and Index/Sector Service section, or accessed directly here: https://www.elliottwavetrader.net/vix/options-workup

We hope you find this tool useful and an added value to the service. While we will continue to provide the same analysis and setups as always, we know that there are many talented members who will find value in this tool and many newer members who are eager to not only follow along with what we do here but also learn this system on their own. This tool will help those who wish to do so accelerate that process, utilizing this online tool that exactly replicates the tool that Mark and I currently use through our Excel worksheet.