Since being burned too often with trailing stops, I'm trying to develop a method of protecting my downside while still maintaining profits.
Combinations of strike prices, option months, option combinations, rolling up, rolling down, etc, etc gets tedious to track on an ongoing basis on an excel sheet when I'm using different option combinations for different time periods on different underlyings.
Does anyone know of any prepackaged software that will enable me to track relatively automatically, for instance, cost and current price of underlying, cost or premium of options used, profit or loss on any rollups with cost or premium of new option positions, all resulting in a final profit or loss on any sale as well as open positions?
Thanks for any help.
Lou
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