Option Omega is automated options backtesting software that can produce backtests dating back to 2013 in minutes. The software also uses one-minute data, which is crucial, especially when dealing with 0 and 1-DTE options backtests. Continue reading to learn more about Option Omega, and why it is my favorite options backtesting software. Key Features of Option…
Backtesting options strategies can be difficult, but there are plenty of free and paid software to streamline the process. My favorite options backtesting software is Option Omega because it has one-minute data back to 2013, and works for nearly every strategy. Continue reading to learn about Option Omega and my other favorite options backtesting software….
Options Profit Calculator Options Profit Calculator Select Strategy: Long CallShort CallLong PutShort Put Stock Symbol: Current Price: Strike Price: Option Price: Contracts: Calculate Estimated Returns How to Use the Options Profit Calculator Our Options Profit Calculator is designed to help traders quickly assess the potential outcomes of their options trades. Here’s how to use it: Once calculated,…
Options trading may seem complex, but there are various basic options strategies investors can use to enhance their portfolio’s returns. Many investors jump into options trading with a lack of knowledge of the most successful options strategy. To stand a chance of making consistent income, you must focus on selling option premium. You can buy…
Margin trading is a vital concept in the world of finance, offering traders the ability to leverage their positions for potentially higher returns. However, with increased potential comes increased risk, making it crucial to understand the concepts of initial margin and maintenance margin. These terms are fundamental to managing risk and maintaining a healthy trading…
Learn how technical analysis can benefit your options trading. Magic options trading chart indicators do NOT exist Technical analysis for options trading is a somewhat controversial topic, as many hedge funds have proved that it is tough to time the market accurately. There are no magic indicators out there that will be able to give…
Options trading is a versatile and rewarding skill that can help you control a large amount of stock with a small investment, hedge against market fluctuations, and leverage your returns. However, it also involves risks and challenges, such as the complexity and volatility of the options market and the need to understand various factors that…
Welcome to our deep dive into Understanding Options, a best-selling book that aims to simplify the often complex world of options trading for novice investors. Understanding Options Book Overview In this enlightening read, author Michael Sincere pens an approachable guide divided into four comprehensive sections. The author expertly employs real-world examples and ends each chapter…
Options trading can be a complex and challenging field. Among the plethora of resources available to navigate it, Lawrence G. McMillan’s Options as a Strategic Investment stands out as an invaluable guide. This article will take a closer look at the pros and cons of this acclaimed book and delve into the key differences between…
If you trade options, having access to a real-time options chart can help you determine optimal entry and exit prices. You can view real-time options charts on Thinkorswim and Tastytrade, so let’s dive into how. How to Chart Options on ThinkorSwim (TOS) ThinkorSwim is a widely-used platform known for its versatility and customizable features. Follow…
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