JERICHO, N.Y., May 23, 2013 /PRNewswire/ -- BNK Invest has announced the launch of Stock Options Channel (www.stockoptionschannel.com), a financial research website aimed at retail investors and financial advisors trying to maximize opportunities using stock options.
The site features pages profiling each US-traded options chain, including current option pricing, option pricing history and our proprietary YieldBoost data. The YieldBoost formula was created to help investors find the most interesting call options and put options from an income/yield perspective.
On the CALLS side of the options chain, the YieldBoost formula looks for the highest premiums a call seller can receive (expressed in terms of the extra yield against the current share price - the boost - delivered by the option premium), with strikes that are out-of-the-money with low odds of the stock being called away.
On the PUTS side of the options chain, the YieldBoost formula considers that the option seller makes a commitment to put up a certain amount of cash to buy the stock at a given strike, and looks for the highest premiums a put seller can receive (expressed in terms of the extra yield against the cash commitment - the boost - delivered by the option premium), with strikes that are out-of-the-money with low odds of the stock being put to the option seller.
The results of these rankings are meant to express the top most "interesting" options identified by the formula, which are meant as a research tool for users to generate ideas that merit further research. On the web site you can input any individual symbol and pull up an options chain for any of the available months which has been customized for each of the two strategies, and can also see the YieldBoost Rank's suggestion of a put and call for that particular stock that is worth looking at.
Also included is a section on the site highlighting options that the YieldBoost Rank has identified within: (1) the Dow, S&P and NASDAQ, (2) Popular income sectors like BDCs, REITs, MLPs, and (3) Stocks with important characteristics such as recent insider buying, recent secondary offerings, and strong average analyst recommendations.
In addition to the website, Stock Options Channel sends a free newsletter sharing the results of our YieldBoost rankings, sorted by industry.
About BNK Invest, Inc.
BNK Invest, Inc. develops, owns and operates financial web sites which enable individual investors and financial advisers to gain valuable insight into financial markets. The company owns and operates ETF Channel, Market News Video, Value Forum, Bank Investor, Canada Stock Channel, Energy Stock Channel, Metals Channel, Dividend Channel, and Preferred Stock Channel. Dividend Channel provides research and data about dividend stocks and ETF dividends . ETF Channel provides ETF data and ETF research to both small and large investors. Energy Stock Channel provides research and data about energy stocks. Canada Stock Channel provides research and data about publicly traded Canadian stocks. ValueForum.com is an online investment discussion for serious value investors and income investors.
SOURCE BNK Invest, Inc.