which website have anaylsis on options?

Answer 1

Morningstar just added options to the investments they cover, since they do a very good job on stocks and funds, they will probably eventually have decent coverage on options as well. But it's just getting started, so their current coverage is a little weak. Their introductory materials look sensible:

http://www.morningstar.com/Cover/Options.aspx

Answer 2

Calculating the 'risk V reward' ratios of options is highly technical and those that deal in options employ complex computer software to give them an 'edge' ...

Any 'valuations' you get on a (free) web site will be as good a guess as yours or your taxi drivers, and perhaps a bit worse than choosing a figure at random

Answer 3

Here is a great site for analysis and new in the options market in general:

http://www.theoptionsinsider.com/

If you are trying to learn about options try the options industry council. They are an organization that was put together by the 6 big options markets to educate everyone on how to use and trade options. This is the place everyone wanting to learn options should start:

http://www.888options.com/

They even have a podcast so you can listen in your ipod.