Digitaldood Member Posts: 10 Joined: 3/3/2009 Location: Allen, TX  User Profile | So, to Buffalo Bill's testament, Opt Trader does have some issues. I went and did a few more tests while changing strike prices, and all that did was make more money, even going in the money somewhat deep. This was way too unbelievable. One note - the only exit I have in this TP is an Expiration Exit at zero days to expiration. So, I went through the trades it produced and even if the asset was not OTM of the strikes, the exit prices all showed zero's. I compared some of them to Think Back in TOS and confirmed that a good bit of them should not have been zero price at expiration. So I changed the exit to a 1 (1 day to expiration exit) and the results, though not great, were now believable. I wanted the 0 days to expiration to represent letting the spreads go to expiration, just to see where the balance is with the strike price choices, but apparently you can't do that in a trade plan. And, if you don't have any exits, it will keep a position open forever. OT may not be exact with its calculation of what option prices may be at any given time, but for testing purposes, for me, I feel like it is close enough if you test good liquid assets. I do wish that we could be able to choose the strikes in spreads by the Delta instead of ITM + 1, 2, 3, etc or OTM +1, 2, 3, etc. There's a big difference in those strike prices between a $35 stock and a $600 stock. Delta's would get you so much closer to a preferred price. Thanks for all of your input. | |
