We built our tool to help save you time (and give you great strategies).
Part of saving you time is in the speed and performance of our tests. The other part is by giving you pre-built strategy templates. This way, in 1-click, you can backtest a multi-leg strategy like a vertical or butterfly spread.
Buy to Open or Sell to Open
Use the Long / Short and Call / Put toggles to quickly adjust the defaults of the strategy templates.
Long - use this setting when you want to Buy to Open. This can be used for both calls and puts. Long settings is engaged when Long is on black background. As shown in image above.
Short - use this setting when you want to Sell to Open. This can be used for both calls and puts. Short is engaged when short is on black background. Image above shows Short as dis-engaged.
Calls - use this setting when you want to backtest call options as the default setting for the strategy templates. Calls are engaged when Calls are on black background. As shown in image above.
Puts - use this setting when you want to backtest put options as the default setting for the strategy templates. Puts are engaged when Puts are on black background. Image above shows Puts as dis-engaged.
1-Click Templates for Options Strategies
This features allows you to quickly ( in 1-click ) backtest popular options strategies. You can use the Long / Short and Call / Put toggles to dynamically adjust what is used in the templates.
Example: If you have Long / Call selected and you click on single. We we populate the entry and exit condition with Buy to Open Calls 1 strike OTM 30 days until expiration. This will be for both Buy to Open and Sell to close.
You can choose to adjust:
- Amount of Contracts (this is per strategy so you can do ratio spreads)
- Buy to Open or Sell to Open
- Calls or Puts
- At the Money or In the Money or Out of the Money
- Strike Price ( this option is not available for At the money)
- Days until expiration
Drag and Drop Combo Testing
Combine multi strategies together to create combo trades. An example would be selling puts to finance a call spread, or something like that.
You can accomplish that by dragging and dropping conditions from the list of conditions on the left into the Entry ticket in the middle of the page.