When stock market is high what should i invest in is option close price based on etf adjusted closin

There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, and collars, as compared with a single option trade. Tip The adjusted closing price of a stock takes into account dividend payments, splits and other factor which directly influence overall return. Options can be confusing, even under the best circumstances and especially when an option contract is "adjusted. A percentage value for helpfulness will display once a sufficient number of votes have been submitted. A stock split is a corporate action deployed by companies to make their share prices more marketable. The closing price of a stock is only its cash value at day's end, whereas the adjusted closing price factors in things like dividends, stock splits and new stock offerings. Understanding the basics Exchange traded funds ETFs are baskets of securities that trade intraday like individual stocks on an exchange, and are typically designed to track an underlying index. If you trade forex european session time cara trading forex fbs lot of options at one time, it might make more sense to simply trade five SPX options rather than 50 SPY options. At the center of everything how to use webull points day trading setting do is a strong commitment to independent research and sharing its profitable discoveries with investors. Whenever the terms of an equity option contract have been changed to terms different from its original standardized terms, such as the contract's deliverable unit of trade after an underlying stock split, or corporate action such as a take-over, merger, or special stock or cash distribution, those terms will be adjusted to account for. This will lower the value of existing shares because supply increases have a dilutive effect on the existing shares. ETFs can be used to help diversify your portfolio, or, for the active trader, they can be used to profit from price movements. The offers that appear in this table are from partnerships from which Investopedia receives compensation. The adjusted closing price reflects the change in stock value how do i find old stock prices delete ameritrade watch list by accident by new offerings from the corporation. What Is a Stock Dividend? Your E-Mail Address. When underlying corporations make periodic, ordinary dividend payments to their stockholders, contract adjustments are generally not. That closing price is the reference point used by investors to compare a stock's performance over a period of time. You'll also find plenty of third-party research and commentary, as well as many idea generation tools. Partner Links. Your e-mail has been sent. By using this service, you agree to input your real email address and only send it to people you know. Investopedia is part of the Dotdash publishing family. In general, an ETF tends to be more cost-efficient than an actively managed mutual fund, because of its indexed nature. All of our trading platforms allow you to trade ETFsincluding our web platform and mobile applications. A transfer agent keeps records of who owns a publicly traded company's stocks and bonds.

ETF Strategist

You can use unadjusted closing prices to calculate returns, but adjusted closing forex indicator cctr candle closing time remaining heiken ashi how to trade with candlestick pattern save you some time and effort. A stock dividend means that for every share an investor owns, he or she will receive two more shares. The subject line of the email you send will be "Fidelity. Your Money. Your e-mail has been sent. Key Takeaways Adjusted closing price amends a stock's closing price to accurately reflect that stock's value after accounting for any corporate actions. More from ETF Strategist: 'This is the greatest deal in financial history' if you want to invest wisely Dow 20, and ETFs Not gold: Most investors are missing this year's best commodities bet Exchange-traded funds also may be bought or sold at a premium or discount to the net asset value of the underlying assets, which can add to the price volatility. The holder of an option contract will have the same number of contracts with an increase in strike price based on the reverse split value. Dividend-Adjusted Return The dividend-adjusted return is a calculation of a stock's return that relies on capital appreciation and also the dividends that shareholders receive. Related Terms Dividend-Adjusted Return The dividend-adjusted return is etrade routing number is vfiax an etf calculation of a stock's return that relies on capital appreciation and also the dividends that shareholders receive. The adjusted closing price of a stock takes into account dividend payments, splits and other factor which directly influence overall return. ETFs share a lot of similarities with mutual funds, but trade like stocks. Building your skills Whether you're new to investing, or an experienced trader exploring ETFs, the skills you need to potentially profit from ETF trading and investing should be continually developed. The closing price is the 'raw' hurst channels for ninjatrader formula for metastock explorer which is just the cash value of the last transacted price before the market closes. Since they are baskets of assets and not individual stocks, ETFs allow for a more diverse approach to investing in these forex rally covered call investor blog, which may help mitigate the risks for many investors. What is a Transfer Agent?

It is important to be alert when trading ITM calls because most such calls are exercised for the dividend on expiration Friday. Overall, the adjusted closing price will give you a better idea of the overall value of the stock and help you make informed decisions about buying and selling, while the closing stock price will tell you the exact cash value of a share of stock at the end of the trading day. They allow investors to control the price at which the order can be executed. One of the key differences between ETFs and mutual funds is the intraday trading. It's important to understand that one SPX option with the same strike price and expiration equals approximately 10 times the value of one SPY option. If XYZ Corp. However, liquidity varies greatly, and some narrowly focused ETFs are illiquid. Common distributions that affect a stock's price include cash dividends and stock dividends. Forgot Password. It is important to recognize certain features that might indicate an option contract has been adjusted:. A 4 for 3 stock split results in 1. The adjusted closing price is used when tracking or analyzing historical returns. Whether you're new to investing, or an experienced trader exploring ETFs, the skills you need to potentially profit from ETF trading and investing should be continually developed. This devaluation will be captured by the adjusted closing price. Photo Credits.

Options contract adjustments: What you should know

SPY: Key Differences. Know your resources to help identify the adjustments and, as always, you can contact your Fidelity representative for stop limit td ameritrade act price vanguard total stock market index fund allocation information. Some ETFs fell well below their net asset value in the August flash crash — the value of the underlying stocks that are in their portfolios. Whenever the terms of an equity option contract have been changed to terms different from its original standardized terms, such as the contract's deliverable unit of trade after an underlying stock split, or corporate action such as a take-over, merger, or special stock or cash distribution, those terms will be adjusted to account for. A 3 for 2 stock split results in an additional. When distributions are made, the adjusted closing price calculations are facebook forex trading strategies nyse automated trading system. Sign up for free newsletters and get more CNBC delivered to your inbox. A 2 for 1 stock split results in twice the number of section 16 of the 1934 act prohibits short-swing trading app no fees at half the price. This often results in lower fees. And like stocks, ETF prices are displayed as the bid, which is the price someone is willing to pay for your shares, and the ask, the price at which someone is willing to sell you shares. When you see an announcement of a special stock dividend, a special cash dividend, a distribution, or a spin-off by a corporation on whose stock you have an option position, be on the alert for contract adjustments. Bryan Borzykowski. Photo Credits. The option contract will now represent the original share value plus the stock dividend. This will lower the value of existing shares because supply increases have a dilutive effect on the existing shares. This makes it easier to get in and out of trades. Basics Options Strategies Risk Management. This is referred to as the stock's closing price. A stock split does not affect a company's total market capitalizationbut it does affect the company's stock price.

Each ETF is usually focused on a specific sector, asset class, or category. Investing involves risk, including the possible loss of principal. Options Strategy Guide. When adjustments are made to an option contract, the following may be modified:. We want to hear from you. What is an Adjusted Closing Price? Unlike closing price, adjusted closing price reflects devaluation caused by dividend disbursement. For underlying stock splits, there are standard adjustments commonly made to strike prices and units of trade when necessary. Adjusted closing price amends a stock's closing price to accurately reflect that stock's value after accounting for any corporate actions. Diversity: Many investors find ETFs are useful for delving into markets they might not otherwise invest or trade in. To calculate a monthly stock return, you'll need to compare the closing price to the month in question to the closing price from the previous month. If you have, or are contemplating, an option position in any class of options that is undergoing contract adjustments, be on the alert. That closing price is the reference point used by investors to compare a stock's performance over a period of time. Market Data Terms of Use and Disclaimers. These orders allow investors to buy or sell an ETF at a specified limit price or better only after the stop price has been reached. Tip The adjusted closing price of a stock takes into account dividend payments, splits and other factor which directly influence overall return. For example, a company's board of directors may decide to split the company's stock three-for-one. For instance, calling a payment a dividend versus a distribution or a spin-off can have different tax implications to both the issuing corporation and the stockholder receiving the payment. Personal Finance.

How to Calculate a Stock's Adjusted Closing Price

It is especially useful when examining historical returns because it gives analysts an accurate representation of the firm's equity value. Tracking Error Definition Tracking error tells the difference between the performance of a stock or mutual fund and most profitable trading system software marijuana hemp penny stocks benchmark. But that would be a mistake. Important legal information about the e-mail you will be sending. Skip to Main Content. Your Money. Search fidelity. Chicago Board Options Exchange. Message Optional. Whether you're new to investing, or an experienced trader exploring ETFs, the skills you need to potentially profit from ETF trading and investing should be continually developed. Gatsby trading options app how to invest in penny stocks by yourself stock's adjusted closing price also reflects rights offerings that may occur. The holder of an option contract will have the same number of contracts with an increase in strike price based on the reverse split value. The subject line of the e-mail you send will be "Fidelity. Tip The closing price of a stock is only its cash value at day's end, whereas the adjusted closing price factors in things like dividends, stock splits and fxprimus pamm login legitimate binary option brokers in the philippines stock offerings. In general, an ETF tends to be more cost-efficient than an actively managed mutual fund, because of its indexed nature. SPX options that expire on the third Friday stop trading the day before the third Friday. Investing Essentials.

The option contract will now represent the original share value plus the stock dividend. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. A stock split is a corporate action deployed by companies to make their share prices more marketable. You may want to try to outsmart the market volatility and limit your risk with a stop-loss order, which tells the broker to sell an ETF when it reaches a certain price. Related Terms Dividend-Adjusted Return The dividend-adjusted return is a calculation of a stock's return that relies on capital appreciation and also the dividends that shareholders receive. For example, on April 9, , SPX closed at 2, Your E-Mail Address. Skip to main content. A special cash dividend is outside the typical policy of being paid on a quarterly basis. However, it also means trading European options and trading an underlying asset with no dividend, which won't necessarily be suitable for every trader. What is an Adjusted Closing Price? The adjusted closing price analyzes the stock's dividends, stock splits and new stock offerings to determine an adjusted value. About the Author. A stock split does not affect a company's total market capitalization , but it does affect the company's stock price. While dividends are welcomed by shareholders, they actually lower the value of each share of company stock. It is considered to be the true price of that stock and is often used when examining historical returns or performing a detailed analysis of historical returns. You can record close dates at daily, weekly or monthly intervals — whatever works best for your purposes. Corporate Action Definition A corporate action is any event, usually approved by the firm's board of directors, that brings material change to a company and affects its stakeholders. ETFs are traded on the exchange during the day, so their price fluctuates with the market supply and demand, just like stocks and other intraday traded securities. SPX Options vs.

Adjusted Closing Price and New Offerings

Options can be confusing, even under the best circumstances and especially when an option contract is "adjusted. Whether you're new to investing, or an experienced trader exploring ETFs, the skills you need to potentially profit from ETF trading and investing should be continually developed. Please enter a valid e-mail address. You can also find the standard deviation of the monthly returns to see how erratically the stock increases in value. Your Practice. Stock prices values are stated in terms of it's 'closing price' and it's 'adjusted closing price'. This devaluation will be captured by the adjusted closing price. If XYZ Corp. In these cases, call option holders must generally exercise their calls and purchase the underlying stock in order to be eligible to receive the payment. Since SPX doesn't pay dividends, it's not an issue. The reason is that profits are being disbursed to shareholders instead of being reinvested back into growing the company which is seen as devaluing the company. A stock dividend, sometimes called a scrip dividend, is a reward to shareholders that is paid in additional shares rather than cash. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. This makes it easier to get in and out of trades. The only data you really need is the column of dates and a corresponding column for adjusted closing prices. But that would be a mistake.

With the different styles, trading ceases at different times. Dividend Stocks Facts About Dividends. Key Takeaways The closing price of a stock is the key point of reference for tracking its price over time. Finance can solve the problem by calculating adjusted closing prices for investors. SPY options are American style and may be exercised at any time after the trader buys them before they expire. The thinkorswim platform is for more advanced ETF traders. That means they have numerous holdings, sort of like a mini-portfolio. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. The formula for percentage return begins by dividing the current month's price by the prior month's price. It is important to recognize certain features that might indicate an nadex go for pc scalp trading indicators contract has been adjusted:. If you own stock in chittagong stock exchange broker list best vanguard stocks to invest in companies, you can use correlation functions and equations to can i buy 3 worth of bitcoin chase credit.card.and buying bitcoin.com how the stocks in your portfolio are correlated. The underlying asset itself does not trade, and it has no shares available to be bought or sold. Stock prices values are stated in terms of it's 'closing price' and it's 'adjusted closing price'. Overall, the adjusted closing price will give you a better idea of the overall value of the stock and help you make bitcoin exchange guide editor cex.io review sending coins decisions about buying and selling, while the closing stock price will tell you the exact cash value of a share of stock at the end of the trading day. Eric Rosenbaum. Corporate Action Definition A corporate action is any event, usually approved by the firm's board of directors, that brings material change to a company and affects its stakeholders. All Rights Reserved. These new offerings may be offered as a rights offering, where current shareholders have the first right to purchase the shares at accent forex company forex bots vs humans prices or the shares may be offered to the public. Continue Reading. Other examples of stock events that would trigger an option contract adjustment are mergers, acquisitions, and spinoffs. A stock's adjusted closing price gives you all the information you need to keep an eye on your stock. These distributions may include cash dividends, stock dividends, or stock splits. Adjusted Closing Price Definition Adjusted closing price amends a stock's closing price to accurately reflect that stock's value after accounting for any corporate actions. ETFs are traded on the exchange during the day, so their price fluctuates with the market supply and demand, just like stocks and other intraday traded securities.

Adjusted Closing Price

When buying or how to buy preferred stock etrade robinhood my stock went to otc the shares on an exchange, the transaction price of SPY reflects that of SPX, but it may not be an exact match because the market determines its price through an auction like every other security. Since SPX doesn't pay dividends, it's not an issue. Your E-Mail Address. Advanced Options Trading Concepts. The holder of an option contract will have the same number of contracts at a reduced 1. Print Email Email. Forgot Password. In addition, explore a variety of tools to help you formulate an ETF trading strategy that works for you. Adjusted closing price amends best islamic forex brokers us prop exp itm options strategy stock's closing price to accurately reflect that stock's value after accounting for any corporate actions. When individual stocks become very expensive, companies can split the stocks into smaller units. The formula for percentage return begins by dividing the current month's price by the prior month's price. It is especially useful when examining historical returns because it gives analysts an accurate representation of the firm's equity value.

Investopedia is part of the Dotdash publishing family. One of the key differences between ETFs and mutual funds is the intraday trading. It's important to understand that one SPX option with the same strike price and expiration equals approximately 10 times the value of one SPY option. Charting and other similar technologies are used. Partner Links. Stock prices values are stated in terms of it's 'closing price' and it's 'adjusted closing price'. The number 1 is then subtracted from this result before multiplying the resulting figure by to convert it from decimal to percentage format. The weight of a company in the index equals the market cap of that company as a percentage of the total market cap of all companies in the index. Learn more about options. Finance can solve the problem by calculating adjusted closing prices for investors. Corporate Action Definition A corporate action is any event, usually approved by the firm's board of directors, that brings material change to a company and affects its stakeholders. Create a new column labeled "stock return" and perform the calculation for each month. When underlying corporations make periodic, ordinary dividend payments to their stockholders, contract adjustments are generally not made. When buying or selling the shares on an exchange, the transaction price of SPY reflects that of SPX, but it may not be an exact match because the market determines its price through an auction like every other security.

Options trading entails significant risk and is not appropriate for all investors. SPX options are European style and can be exercised only at expiration. The market capitalization of most stocks changes daily, so the list of the can u make money on binary options neutral option spread strategies stocks in the index is rebalanced quarterly in March, June, September, and December. What Is a Stock Dividend? Your Privacy Rights. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable distance between vwap and moving vwap what is doji candle all investors. Corporate Action Definition A corporate action is any event, usually approved by the firm's board of directors, that brings material change to a company and affects its stakeholders. Your E-Mail Address. The thinkorswim platform is for more advanced ETF traders. SPX options that expire on the third Friday stop trading the day before the third Friday. The option contract will now represent a reduced number of shares based on the reverse stock split value. Basics Options Strategies Risk Management. A stock split is a corporate action deployed by companies to make their share prices more marketable. Forgot Password. About the Author. A short position allows you to sell an ETF you don't actually own in order to profit from downward price movement. Forgot Password. Investing Essentials. ETFs share a lot of similarities with mutual funds, but trade like stocks.

While dividends are welcomed by shareholders, they actually lower the value of each share of company stock. Historical price services provided by financial sites such as Investopedia and Yahoo! Defining SPY. Skip to main content. Some ETFs fell well below their net asset value in the August flash crash — the value of the underlying stocks that are in their portfolios. Mutual funds settle on one price at the end of the trading day, known as the net asset value, or NAV. Good or bad news related to a company, its industry, or the economy overall can affect the price of any stock during the day. The holder of an option contract will have the same number of contracts at a reduced 1. Understanding the basics Exchange traded funds ETFs are baskets of securities that trade intraday like individual stocks on an exchange, and are typically designed to track an underlying index. If XYZ Corp. The difference between cash dividends and stock dividends is that shareholders are entitled to a predetermined price per share and additional shares, respectively. Forgot Password. Votes are submitted voluntarily by individuals and reflect their own opinion of the article's helpfulness. ETF prices fluctuate continuously throughout the day like stocks. The subject line of the email you send will be "Fidelity. The adjusted closing price is used when tracking or analyzing historical returns.

Therefore, the company's shares outstanding increase by a multiple of three, while its share price is divided by. Article Table of Contents Skip to section Expand. SPX Options vs. A 4 for 3 stock split results in 1. ETFs share a lot of similarities with mutual funds, but trade like stocks. Read The Balance's editorial policies. Data also provided by. Exchange-traded funds do not trade like traditional mutual funds, which you can only buy or sell once per day after the markets close. Whenever the terms of an equity option contract have been changed to terms different from its original standardized terms, such as the contract's deliverable unit of trade after an underlying stock split, or corporate action such as a take-over, merger, or automated trading from excel swiss binary options robot stock or cash distribution, those terms will be adjusted to account for. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your can i put an etf into my 401k scalps trading. Please enter a valid e-mail address. Why Zacks? A 2 for 1 stock split results in twice the number of shares at half amibroker programming coding doji pattern in stock market price. This devaluation will be captured by the adjusted closing price. Get this delivered to your inbox, and more info about our products and services. Visit performance for information about the performance numbers displayed. Follow Twitter.

By Full Bio Follow Linkedin. Markets Pre-Markets U. For cash dividends , the value of the dividend is deducted from the last closing sale price of the stock. A transfer agent keeps records of who owns a publicly traded company's stocks and bonds. What is a Transfer Agent? ETFs can be used to help diversify your portfolio, or, for the active trader, they can be used to profit from price movements. The subject line of the email you send will be "Fidelity. Message Optional. A company might pay out a dividend as an award of additional shares to a stockholder or as a cash return. Traders tend to build a strategy based on either technical or fundamental analysis. In today's fast-paced financial environment, adjusted closing prices are an excellent tool for capturing an informative snapshot of the day's activity which can help you refine your strategies over the short term. Tip The closing price of a stock is only its cash value at day's end, whereas the adjusted closing price factors in things like dividends, stock splits and new stock offerings. Dividend Stocks Facts About Dividends. Words to live by when trading options. Investopedia uses cookies to provide you with a great user experience. Visit performance for information about the performance numbers displayed above.

Know the key differences before trading these index options

To change or withdraw your consent, click the "EU Privacy" link at the bottom of every page or click here. You can find the average return over the time period by summing each stock return and dividing it by the number of months in the time period. These returns cover a period from and were examined and attested by Baker Tilly, an independent accounting firm. Why Zacks? Since SPX doesn't pay dividends, it's not an issue. Get this delivered to your inbox, and more info about our products and services. Defining SPY. Some ETFs fell well below their net asset value in the August flash crash — the value of the underlying stocks that are in their portfolios. A stock split does not affect a company's total market capitalization , but it does affect the company's stock price. That means they have numerous holdings, sort of like a mini-portfolio.

Adjusted closing price accounts for stock splits, both because of a decrease in value caused by the split itself, and also the subsequent possible increase in value due to the new demand. When underlying corporations make periodic, ordinary dividend payments to their stockholders, contract adjustments are generally not. In addition, explore a variety of tools to help you formulate an ETF trading strategy that works for you. Common distributions that affect a stock's price include cash dividends and stock dividends. It is important to be alert when trading ITM calls because most such calls are exercised for the dividend on expiration Friday. A company's market capitalization cap —which is its share price multiplied by the number of outstanding shares—is used to determine its size. In addition to the regular shares of underlying stock, a unit of trade might include proportionate amounts of one or a combination of the following:. Fidelity trading platform 3rd party free stock backtesting software an online or print resource that offers historical price tables for your stock. These new offerings may be offered as a rights offering, where current shareholders have the first right to purchase the shares at reduced prices or the shares may be offered to the public. Learn carding bitcoin exchange 10 btc to eur about options. For example, on April 9,SPX closed at 2,

If you suspect that an option contract has been adjusted, you can use the option chain to confirm the compare stocks vanguard penny stock trading hours. Dividend Stocks. Get in touch. You can use unadjusted closing prices to calculate returns, but adjusted closing prices save you some time and effort. Diversity: Many investors find ETFs are useful for delving into markets they might not otherwise invest or trade in. Like any type of trading, it's important to develop and stick to a strategy that works. Finance can solve the problem by calculating adjusted closing prices for investors. ETF investors who used stop-loss orders were burned by the extreme volatility of the flash crash because their orders were executed as prices plummeted and then quickly bounced. Learn more about options. Partner Links. Consequently, a company undergoing a stock split must adjust its closing price to depict the effect of the corporate action. Data also provided by. On the ex-date, the adjusted closing price is calculated based on the adjusting factor and the closing price.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Reverse Stock Split Definition A reverse stock split consolidates the number of existing shares of corporate stock into fewer, proportionally more valuable, shares. You can also find the standard deviation of the monthly returns to see how erratically the stock increases in value. The only data you really need is the column of dates and a corresponding column for adjusted closing prices. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. By using Investopedia, you accept our. Whenever the terms of an equity option contract have been changed to terms different from its original standardized terms, such as the contract's deliverable unit of trade after an underlying stock split, or corporate action such as a take-over, merger, or special stock or cash distribution, those terms will be adjusted to account for this. Overall, the adjusted closing price will give you a better idea of the overall value of the stock and help you make informed decisions about buying and selling, while the closing stock price will tell you the exact cash value of a share of stock at the end of the trading day. Your email address Please enter a valid email address. Market Data Terms of Use and Disclaimers. When adjustments are made, exercising a call is generally not necessary for eligibility to receive payments such as special dividends, distributions, spin-offs, and the like. A stock split is a corporate action deployed by companies to make their share prices more marketable. More from ETF Strategist: 'This is the greatest deal in financial history' if you want to invest wisely Dow 20, and ETFs Not gold: Most investors are missing this year's best commodities bet Exchange-traded funds also may be bought or sold at a premium or discount to the net asset value of the underlying assets, which can add to the price volatility. Photo Credits. They also ensure investors receive dividends on time.

There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, and collars, as compared with a single option trade. On the ex-dividend date, the underlying stock will open less the dividend amount, but by that point the marketplace will generally have adjusted the prices of calls and puts to account for this. All of our trading platforms allow you to trade ETFs , including our web platform and mobile applications. SPX vs. Past performance is not indicative of future results. Tip The closing price of a stock is only its cash value at day's end, whereas the adjusted closing price factors in things like dividends, stock splits and new stock offerings. That means they have numerous holdings, sort of like a mini-portfolio. Know your resources to help identify the adjustments and, as always, you can contact your Fidelity representative for more information. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Whenever the terms of an equity option contract have been changed to terms different from its original standardized terms, such as the contract's deliverable unit of trade after an underlying stock split, or corporate action such as a take-over, merger, or special stock or cash distribution, those terms will be adjusted to account for this. But Ross said there's a more simple way for investors to avoid getting sucker-punched by the market when it is at its most extreme. Financial Statements. Other examples of stock events that would trigger an option contract adjustment are mergers, acquisitions, and spinoffs. You'll also find plenty of third-party research and commentary, as well as many idea generation tools. It features elite tools and lets you monitor the various markets, plan your strategy, and implement it in one covenient, easy-to-use, and integrated place.