OmniTrader Forum - OmniTrader 2016 Technical Support
Weekly Options?

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Mel

Posts: 291

Joined: 12/30/2003
Location: Kensington

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Subject : Weekly Options?
Posted : 5/6/2016 1:36 PM
Post #37165

I notice that OT 3B lets you check "Allow use of weekly options" in trade plans. Does this mean I can backtest with weekly options? If so, how do I configure a trade plan so it only uses weekly options?

Mel
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Barry Cohen

Posts: 6338

Joined: 1/19/2004

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Subject : RE: Weekly Options?
Posted : 5/6/2016 2:40 PM
Post #37166 - In reply to #37165

Our historical options modelling data doesn't include weekly options unfortunately.
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John J

Posts: 272

Joined: 8/3/2010
Location: Leduc, AB

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Subject : RE: Weekly Options?
Posted : 5/8/2016 4:08 PM
Post #37167 - In reply to #37165

Hi Barry,

Just wondering whether there are any plans of including modelling data for weekly options in the future?

Reason for asking is that several spread strategies out there combine weekly options with monthly options. It would be very nice obviously to be able to run backtests on such strategies...
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Barry Cohen

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Subject : RE: Weekly Options?
Posted : 5/9/2016 3:04 PM
Post #37170 - In reply to #37167

Sorry, we have no plans for that, but we have other improvements coming very soon for option traders.
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Vinay

Posts: 640

Joined: 12/9/2011
Location: Planet Earth

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Subject : RE: Weekly Options?
Posted : 5/10/2016 5:04 AM
Post #37175 - In reply to #37165

Barry...Is there any possibility of support for non-US markets in the upcoming version of Option Trader? Not only it will be great boon for International users, it will generate additional revenues for Nirvana also.

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Barry Cohen

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Subject : RE: Weekly Options?
Posted : 5/10/2016 11:00 AM
Post #37176 - In reply to #37175

Sorry no, US options only.
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AlanD

Posts: 35

Joined: 12/1/2006
Location: Waipio, Hawaii

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Subject : RE: Weekly Options?
Posted : 10/8/2019 2:31 PM
Post #46385 - In reply to #37165

With the option finders tool, I noticed weekly options in the database. Is there a way or setting to search just for weekly options.

Thanks,
Alan
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Barry Cohen

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Subject : RE: Weekly Options?
Posted : 10/11/2019 9:17 AM
Post #46392 - In reply to #46385

Unfortunately not. You can enable/disable weekly options, but there's no such setting to disable monthly options.
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AlanD

Posts: 35

Joined: 12/1/2006
Location: Waipio, Hawaii

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Subject : RE: Weekly Options?
Posted : 10/16/2019 12:56 PM
Post #46396 - In reply to #37165

Barry,

Thanks for the response. So, if I wanted a work around to search for cheap out of the money weeklys, then would it be best to change the margin value to say for example, $2.00 or less thus having the weeklys natural float to the surface?

Alan


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