Expert Add-on for MetaStock
Don Fishback's Odds Compression identifies stocks trading within a narrow price range—like a coiled spring—prepared for a volatility breakout. It targets non-directional trades where the move's magnitude matters more than its direction. Using the ODDS Volatility Ratio and Compression signals, it suggests specific option strategies, such as at-the-money straddles, to profit from the expected expansion.
Don Fishback is a 39-year finance veteran and leading authority on options investing. He introduced the ODDS probability concept in 1994 and is an expert on the VIX and probability analysis.