Hello One other software packages to add to the list is Optionvue it has backtesting facilities (backtrader) and is specifically options centric. The key to trading options successfully (IMHO) is measuring & comparing both historical (ie statistical) and implied Volatility so you need data series for both. Implied vol over a period of time (eg 5 years) is not that readily available.
One other possibility that may have some merit is perhaps link a free piece of software written in Excel called Hoadley's Options (http://www.hoadley.net/options/options.htm) and link that to AB through DDE. Regards Ed --- In amibroker@yahoogroups.com, David <amibroker.ygro...@...> wrote: > > Richard, I too would love to see even the simplest of AFL examples for > options back testing and trading. I hope someone provides at least one! > > I've searched this group's message archives and amibroker.com and have found > evidence of only 4 options traders besides you and me who have attempted to > use AmiBroker over the years. None of them received answers to their > questions..and none of them seemed to have gotten to the point of writing > any AFL code...they were still trying to figure out if AmiBroker provided > sufficient support for options trading. > > I've just started using AmiBroker and am willing to push the bleeding edge a > little more, but there's a point soon where I will decide whether to stay > with AmiBroker, turn to a back testing programming environment that claims > to handle options natively (e.g. TradeStation, eSignal, NeoTicker, > RightEdge, Sierra Chart, Trade Link), or use something like Visual Basic and > start from scratch. > > From what I can tell so far, I don't need much more of an enhancement than > support for importing and indexing Underlying/Root Symbol, Expiration Date, > Strike Price, and Call/Put Indicator as separate fields. I think I could > write some back testing code if only I could have reasonable performance > when searching options data, by being able to look up option prices using > the above fields. > > Warm regards, > David > > > On Sun, May 23, 2010 at 4:27 PM, Richard <richpa...@...> wrote: > > > > > > > Hello, Just trying to "bump" my question back to the beginning. > > Can anyone comment / reply please? > > Regards > > Richard > > > > --- In amibroker@yahoogroups.com <amibroker%40yahoogroups.com>, "Richard" > > <richpach2@> wrote: > > > > > > I truly believe that, we can do anything with AFL but, I have no idea how > > approach Options trading. Can anyone point me in the right direction? Some > > examples will be nice. > > > For example, how can construct an AFL to > > > - Open/write "covered" option position against the stock I own > > > - collect the premium > > > - buy a PUT option on the same stock (as a protective stop loss) > > > - collect the cash if you exercised > > > - track the balance of all activities (e.g. stock, premium, value of PUT > > bought) > > > > > > or any other option strategy example. > > > > > > Kind Regards > > > Richard > > >
