Our mission at Intrinio is to power a generation of applications that will fundamentally change the way our broken financial system works. Intrinio data feeds form the basis of everything from large enterprise business reporting applications to startup fintech apps. It’s rewarding to see our data come to life at the hands of today’s most innovative developers building powerful things.
We’re lucky to be in a business where we grow together with our customers, and we’re proud to show off their hard work. Each blog in this series will highlight a customer that has leveraged our financial data feeds to build something incredible.
Meet OptionGods, an option screening platform that helps stock traders with puts and calls for stocks, ETFs, and index instruments to match the trading strategy. We spoke to Haik Sahakian about the origin of OptionGods and how they’ve improved option screening.
Give us the elevator pitch for your company.
OptionGods is an option screening platform that helps stock traders with puts and calls for stocks, ETFs, and index instruments to match the trading strategy. Through visualization tools, it’s easier for the trader to understand the strategy, efficiently search the option markets, and visualize the position. Data is collected during the day, so users can always see the updated information. This platform helps traders not only implement strategies but also optimize trades, simplifying the process and enhancing the options flow.
IMEA Systems is empowering all of these processes via its human resources and AI-based modern technologies that are being implemented in all stages of development and establishment.
Our mission is to make the trade process effortless for traders and generate a list of potential trading ideas based on underlying stock info, volatilities, Greeks, stock price, option volume, and other metrics.
Our users are typically day traders, and we have a large consumer audience, i.e. option traders for slow-simmering stocks. The audience is becoming wider as many people are getting involved in the market.
What is your professional background?
I’m an economist financier and my background played a drastically positive role in developing the business idea and strategy for OptionGods.
What inspired you to start your company?
I was always interested in stock trading and automation of stock measurements was really important to me, but the option screeners I was using were giving me unreliable and/or incomplete information.
What have been your biggest challenges, and what did you learn from them?
Actually, the biggest problem in this market is good, reliable data. The problems with website development, quality assurance, SEO, and other services were easier to solve because we had a good team working on product development and implementation.
We also had a problem with forming the product parts and sales funnels to put it on the go. The challenges were significant, but we came out of them with the help of teamwork and professionalism.
What have been your biggest successes?
The biggest trigger point for us was an extremely high interest in our product a few days after we launched it. Then we realized our efforts were not in vain, and the product is well demanded. Being a startup, we felt the importance of customer satisfaction more than other companies did. That’s what inspired us to enhance the quality of our services.
How do you set yourself apart from your competitors?
As a result of deep competitor analysis, we came up with a lot of case studies, digging out all the weak points of other similar companies. Based on this and a thorough analysis of the market, we made a tool that covers all the pain points of our competitors. Our customers can sign up for a free account and get lifetime access to some stocks, and extend their plan if there’s a need for more options.
Why did you choose to work with Intrinio?
What my team and I liked in Intrinio is their competency, ability to deliver a good service without delays, and – most importantly – cost-effective data for our service. Reliability is our top priority in choosing a service to cooperate with. So that’s what we looked for and that’s what we got.
Learn more about OptionGods.
Need financial data to power your platform? Learn more about Intrinio at intrinio.com.
Image and article originally from intrinio.com. Read the original article here.