Simple Trading Journal
A simple trading journal in Excel.
For free.
Double Calendar General
The Double Calendar is a debit trade, which means the maximum amount you can lose is the amount you spend on it.
Positive influence
Time decay, the theta of shorter-term options is higher than that of long-term options.
Increasing volatility.*
Negative influence
The SPX moves into the area above or below the strikes.
Sharp decline in volatility.*
* Strictly speaking, it is about the relationship between the two volatilities.
Variant 1: With Take Profit, Time Exit and ITM Protection
Past performance results are no guarantee of future results.
Info:
Der Trade vom 7.2.25 fehlt in dem Backtest oben.
Wahrscheinlich kommt OptionOmega mit der Zeitumstellung nicht richtig zurecht.
Requirements
A Windows PC or Mac is required.
An example of the implementation can be found here.
(the config file can be ignored)
14-day free trial
Requirements
A Windows PC or Mac is required.
An example of the implementation can be found here.
(the config file can be ignored)
Requirements
A Windows PC or Mac is required.
An example of the implementation can be found here.
(the config file can be ignored)
Requirements
A Windows PC or Mac is required.
An example of the implementation can be found here.
(the config file can be ignored)
Requirements
A Windows PC or Mac is required.
An example of the implementation can be found here.
(the config file can be ignored)
Setting options
Requirements
A Windows PC or Mac is required.
An example of the implementation can be found here.
(the config file can be ignored)
Explanation
Each start of the app creates a new Excel.
If the trading log is not open in the TWS, only the current day is exported.
If the trading log is opened in the TWS, all trades visible there are exported, i.e. a maximum of 7 days.
If a trade consists of multiple options, e.g. a bull put spread, there will be two lines with the same date and the same Perm Id.
Explanation
Each start of the app creates a new Excel.
If the trading log is not open in the TWS, only the current day is exported.
If the trading log is opened in the TWS, all trades visible there are exported, i.e. a maximum of 7 days.
If a trade consists of multiple options, e.g. a bull put spread, there will be two lines with the same date and the same Perm Id.
The Greek Delta
The bot will send you a message via Telegram as soon as it has opened the trade.
Incl. OptionStrat Link.
The Greek Delta
The initial delta is about 5-6
In a rising market, the delta decreases.
In a falling market, the delta increases. Since the trade then becomes bullish and no longer matches our market opinion when entering, we have built in a stop loss at -1% of the underlying.
Notice
Be careful when modeling calendar spreads in OptionStrat.
It should be noted that the volatility is different for the two options' maturities.