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LSJ

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Posts: 515

Joined: 8/17/2006
Location: Citrus Springs, FL

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Subject : RE: Question on Optiontrader algorithm
Posted : 1/5/2021 7:32 PM
Post #47786 - In reply to #47784

Not a well formulated question on my part.

As I look at optionfinder results I am wondering in some cases why certain trades have been selected. I realize there is a criteria for R:R, $Gain, etc.

As I tinker with optionfinder I am answering my own questions. For example, one of the choices Optionfinder has found with Swing Credit Spread is a $2000 wide spread with a short put more than 10 points ITM and 5 days to expiration. That does not make it to my "oh hell yeh" level. I see I get trades much more to my liking clamping it down tighter with with Max Margin and Max Risk. That same Swing Credit Spread is now more reasonable but it is still selling a deep ITM put.

I will fix that with the search space criteria. I'm guessing N wanted to leave Optionfinder very flexible but in many cases search settings, search space, max margin and max risk need to be used to suit. Thanks for helping me answer my own question. <:)
Deleting message 47786 : RE: Question on Optiontrader algorithm


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