Options data and analytics specialist OptionMetrics has launched IvyDB US7.0 and IvyDB ETF 5.0, enhancing its data offering for hedge funds, quantitative researchers, and other institutional investors.
According to a press statement, the new datasets provide greater flexibility in the methodology deployed in options data calculations, including allowing users the ability to opt for borrow rates – the interest cost associated with holding a stock intended for short sale – or continue to use legacy calculations that do not embed an implied borrow rate. Implied index yields are also now provided in a term structure format for improved calculations.
Additionally, dividend forecasts from leading-edge Woodseer Dividend Forecast data are automatically included alongside respective securities in the upgraded datasets, for quantitative finance professionals and others to assess dividend strategies. IvyDB US 7.0 and IvyDB ETF 5.0 also offer even more accurate securities and implied volatility (IV) price metrics with this leading-edge dividend forecast data now also being used in their calculations.
Eran Steinberg, COO at Option Metrics said: “OptionMetrics’ IvyDB US 7.0 is our most comprehensive and flexible dataset yet. By leveraging borrow rates and including Woodseer Dividend Forecast data alongside the longstanding gold standard in options data, this provides more prices valuations and richer data for use in options and equities strategies.”
OptionMetrics IvyDB US holds a complete historical record of end-of-day data on all US exchange-traded equity and index options (including options on crypto and other ETFs and ADRs) on over 10,000 underlying stocks and indices from January 1996 onwards. Users can seamlessly load data from IvyDB US or IvyDB ETF via FTP, Snowflake, and/or OptionMetrics’ Genie loader, now also enhanced for easier loading.
