Wednesday, September 16, 2009

[TheOptionClub.com] Re: Charles Cottle Presentation

 

Martin

Hi, it's excel based ... developed with a trading buddy ... option prices downloaded from the exchange, option functionality using Hoadley's excel add-in, dissecton algorithms from Charles Cottle's position Dissector and our own 'visual logic' of arranging all the data vertically underneath relevant strikes.

We do have a multi-month version that copes with calendarised positions .... but we primarily trade single month to avoid the additional [unnecessary?] complexity of multi-month positions.

Happy to discuss further ... if you have any questions.

Cheers
James

--- In OptionClub@yahoogroups.com, "janzen257" <yahoo.to.mj257@...> wrote:
>
> --- In OptionClub@yahoogroups.com, "jamesbparker999" <jp@> wrote:
> >
> > Michael / Martin
> >
> > Using the concepts of dissection, analysis of fly prices, peeling the risk off AND leveraging exposure as a position approaches expiry, I have used Viky's LOW position and posted a file "1.02 LOW adjustments - peeling the risk off" to provide some visual representation of these concepts.
>
> Thanks very much, James! That's quite the spreadsheet you have there. Is it Excel, or OpenOffice, or...? Also, how in the world do you get it to draw the risk graphs?! (And what happens if you want to do a calendar? :-)
>
> As for the content, I'm going to have to walk through Viky's trade myself, step by step, to understand what's going on. The result after Adjustment 6 is very nice!
>
> Cheers...
>
> Martin
>

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