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OptionTrader
OptionTrader Expiration Bug?
Last Activity 10/5/2018 4:07 PM
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John J

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Subject : OptionTrader Expiration Bug?
Posted : 5/27/2017 3:51 PM
Post #41071

Hi Barry,

See below screenshots, which appears to be a bug? The trade was entered on January 29, 2016 and stopped out on April 22, 2016 (triggered by the Trailing Profit Stop condition). However, these options expired a month earlier on March 18th, which means that the Position Expiration Exit condition in the TradePlan should have been triggered, and exited the trade accordingly. The particular trade would have been profitable if exited by expiry. Instead, it's recorded as a loss due to all legs showing zero value for obvious reasons a month later.

This is not an isolated example. There are so many of them that it completely invalidates the Performance Summary report and/or PortSim results for the strategy.





[Edited by John J on 5/27/2017 5:12 PM]

Attached file : Capture.JPG (73KB - 293 downloads)
Attached file : Capture2.JPG (171KB - 305 downloads)

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John J

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Subject : RE: OptionTrader Expiration Bug?
Posted : 6/13/2017 1:45 PM
Post #41109 - In reply to #41071

Hi Barry,

Have you had a chance to look into this?
Autotrade with Options isn't reliable until this issue gets rectified.

[Edited by John J on 6/13/2017 2:44 PM]

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Barry Cohen

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Subject : RE: OptionTrader Expiration Bug?
Posted : 6/13/2017 5:16 PM
Post #41113 - In reply to #41071

I'm not seeing that issue. Can you post or email your strategy?
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John J

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Subject : RE: OptionTrader Expiration Bug?
Posted : 6/14/2017 4:31 PM
Post #41120 - In reply to #41071

Hi Barry,

Seems like it only occurs in HA periodicities.

The attached screenshot is from a "OPT Long Option" TradePlan right out of the box.
A Fixed Loss Stop exited the trade on July 7th, but the options had already expired in June...



[Edited by John J on 6/14/2017 4:33 PM]

Attached file : Capture.JPG (35KB - 214 downloads)
Attached file : JJ SS Heikin Ashi 2 OPT.ots (728KB - 47 downloads)

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Barry Cohen

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Subject : RE: OptionTrader Expiration Bug?
Posted : 6/14/2017 4:57 PM
Post #41121 - In reply to #41120

Thanks. It may be a bug with HA timeframes, I'll check & confirm.
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Barry Cohen

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Subject : RE: OptionTrader Expiration Bug?
Posted : 6/14/2017 5:01 PM
Post #41122 - In reply to #41121

Yes I see it now. It's very easy to see if the Position Expiration Exit is the only stop in your trade plan - trade never ends. I'll report it for correction, thanks.
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Barry Cohen

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Subject : RE: OptionTrader Expiration Bug?
Posted : 6/15/2017 5:14 PM
Post #41128 - In reply to #41122

The Position Expiration Exit was restricted to only work with the daily timeframe when we first released OptionTrader years ago. The next PR will have this exit working in any timeframe.
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John J

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Subject : RE: OptionTrader Expiration Bug?
Posted : 6/15/2017 5:52 PM
Post #41129 - In reply to #41071

Thanks Barry..!!!

Cheers
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